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1515 N Dresser Street, Santa Ana, CA 92701
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1515 N Dresser Street
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  • MLS#: NP25130863 ( Commercial/Residential )
  • Street Address: 1515 N Dresser Street
  • Viewed: 4
  • Price: $4,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 0
  • Days On Market: 22
  • Additional Information
  • County: ORANGE
  • City: Santa Ana
  • Zipcode: 92701
  • Subdivision: Other (othr)
  • Provided by: Surterre Properties Inc.
  • Contact: Chris Chris
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime multifamily investment opportunity in the heart of Downtown Santa Anas French Court neighborhood. A well maintained 19 unit property consisting of a mix of one and two bedroom residences. Each unit offers private outdoor space, gated tandem parking, and access to onsite laundry. Select units have been updated with modern finishes, offering immediate appeal to renters and potential for increased income. Located in a highly walkable area, the property is within close proximity to local schools, shopping, dining, and entertainment. Easy access to the 5, 55, and 22 freeways connects residents to all of Orange County. With current rents below market, there is long term upside for the next owner through strategic management and continued unit upgrades. This is a rare opportunity to acquire a stabilized asset in one of Orange Countys most dynamic rental markets.
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Features
Assessments
  1. Special Assessments
  2. Sewer Assessments
Association Fee
  1. 0.00
Building Area Total
  1. 11832.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Direction Faces
  1. West
Electric Expense
  1. 19200.00
Fencing
  1. Wrought Iron
Fuel Expense
  1. 0.00
Garage Spaces
  1. 19.00
Insurance Expense
  1. 12000.00
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Community
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 16-20 Units/Acre
Netoperatingincome
  1. 273360.00
Number Of Separate Electric Meters
  1. 20
Number Of Separate Gas Meters
  1. 20
Number Of Separate Water Meters
  1. 20
Number With Patio
  1. 19
Parcel Number
  1. 39814218
Parking Features
  1. Subterranean
Pool Features
  1. None
Postalcodeplus4
  1. 2412
Professionalmanagementexpense
  1. 16800.00
Property Type
  1. Commercial/Residential
Security Features
  1. Automatic Gate
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 440680961:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Water Tower
Taxarea
  1. 11-003
Tenant Pays
  1. Parking Fee
Totalactualrent
  1. 31655.00
Totalexpenses
  1. 118900.00
Trash Expense
  1. 0.00
View
  1. Landmark
  2. Mountain(s)
  3. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1984
Year Built Source
  1. Public Records