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Key Details
Sold Price $14,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 36,394 sqft
Price per Sqft $394
MLS Listing ID OC21084071
Sold Date 02/03/22
HOA Y/N No
Year Built 1987
Lot Size 0.460 Acres
Acres 0.46
Property Description
Bush Court Apartments is a 52-unit multifamily investment property located in Santa Ana. Built in 1987, Bush Court Apartments is a turnkey investment property with an ideal unit mix of 14, 1 bed/1 bath units, 2, 1 bed/1 bath plus den units, 22, 1 bed/1.25 bath units, and 14, 2 bed/2 bath units. The majority of units have been renovated with remodeled kitchens, granite countertops, tile backsplashes, microwaves, tile flooring and more. The property features attractive amenities including controlled access, elevator service, ample garage parking with gated access, security cameras, security doors, balconies, patios, and on-site laundry. The property also features a solar panel system, LED lighting, and a utility reimbursement program which will simplify management and lower monthly expenses for a new owner. Bush Court Apartments has an excellent central Santa Ana location, situated less than a mile from Downtown Santa Ana and the bustling 4th Street Market.
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 88.0
Garage Description 88.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 88
Private Pool No
Building
Lot Description Level, Street Level
Story 4
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 39813333
Energy Description 12604.0
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Matthew Hoyt • Hoyt Real Estate, Inc.
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