Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

20

Building size

13,722 sqft

Lot size

0.24 sqft

Year built

1961

Stories

2

Garage spaces

0

Heating

Wall Furnace

Pool

None

Status

Active

Days on market

0

MLS #

247595283

About this property

7.28% Market CAP. 3.35% Current CAP. Only $215,000 per unit! We are pleased to present 1433-37 S Standard Ave, a 20-unit multifamily investment opportunity located in the heart of Santa Ana. The property features a desirable mix of one-bed and two-bed units, providing a balanced unit composition that appeals to a broad segment of the rental market. With its larger unit count and established location, the asset offers investors the opportunity to acquire scale within one of Orange County’s strongest multifamily submarkets. The property recently got a new roof installed on the entire building, reducing near-term capital expenditure needs for ownership and also benefits from a well-diversified rent roll and a layout designed to support long-term tenant retention. The combination of one- and two-bedroom floor plans creates flexibility within the property while positioning ownership to capitalize on continued rental demand throughout the Santa Ana market. The asset presents a compelling blend of stable in-place income and future upside potential. Ideally situated in central Santa Ana, the property provides residents with convenient access to a wide variety of employment centers, retail destinations, educational institutions, and entertainment amenities. Nearby attractions include Downtown Santa Ana, the Civic Center, Artist Village, 4th Street Market, Santa Ana College, and South Coast Plaza. Residents also benefit from excellent regional connectivity via the I-5, SR-22, SR-55, and SR-57 Freeways, offering convenient access throughout Orange County and the greater Southern California region. With its attractive unit mix, strategic location, and strong market fundamentals, 1433-37 S. Standard Avenue represents an outstanding opportunity to acquire a larger-scale multifamily asset in a high-demand rental market.

Location

1437 S Standard Avenue

Santa Ana, Orange, CA, 92707