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Listed by Justin White, DRE #01267826 • Justin White
$ 2,540,000
Est. payment /mo
Active
549 N Tustin AVE Santa Ana, CA 92705
8.42 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26219588
Year Built 1976
Lot Size 8.421 Acres
Source California Regional MLS
Property Description
Excellent opportunity to acquire a 10-unit multifamily building on the border of Santa Ana and Tustin. Located at 549 N Tustin Ave, this multifamily asset was built in 1976. It offers ten large and well maintained 1 bedroom + 1 bathroom units. The building boasts a total of 7,040 gross rentable square feet and is part of a community of 35 similar buildings. The complex is managed by an HOA which staffs an on-site management office. Gated access, two pool areas, a large playground, off-street parking and on-site laundry facilities make the property particularly appealing for renters and landlords. The property conveniently located right on the border of Santa Ana and Tustin with onramps to both the 55 and 5 freeways a couple of minutes away. The property is walking distance to Subway Restaurant, Country Café, Noodle Place and more. Just to the North of the property are multiple hospitals and medical clinics offering convenient care and job opportunities. Sports fans will find the location particularly appealing due to its convenient location about fifteen minutes by car to The Honda Center and Angel Stadium. For the right investor, this multifamily asset represents a the perfect opportunity to generate years of steady cash flow with minimal management or maintenance responsi
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Laundry Laundry Area, Community Facility
Exterior
Parking Features Carport
Garage Spaces 10.0
Pool Pool - In Ground, Pool - Fenced, Community Facility
Building
Water District - Public
Others
Tax ID 93071523
Special Listing Condition Not Applicable
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