1148 West Civic Center Drive
$2,700,000
3
14
9,385
9,385
$288
Closed 11/14/24
Description
Pleased to present the La Mar Apartments, a 14-unit multifamily property, located at 1148 West Civic Center Drive. Built in 1963, this property features a majority of two-bedroom units, offering a compelling investment potential at $219,643 per unit. With a projected 9.2% CAP rate based on market rents, the La Mar Apartments presents a lucrative opportunity. Its highly desirable location near the Santa Ana Police Station and Civic Center adds to its appeal. A motivated seller with no intention of...Pleased to present the La Mar Apartments, a 14-unit multifamily property, located at 1148 West Civic Center Drive. Built in 1963, this property features a majority of two-bedroom units, offering a compelling investment potential at $219,643 per unit. With a projected 9.2% CAP rate based on market rents, the La Mar Apartments presents a lucrative opportunity. Its highly desirable location near the Santa Ana Police Station and Civic Center adds to its appeal. A motivated seller with no intention of keeping this property makes this an opportunity not to be missed.
- Listed by Rick Applebaum • DRE #01273871 • Brokerage DRE #01220368 • Morgan Skenderian • rma@morganskenderian.com
- Listed by Paul Espinosa • DRE #01942627 • Brokerage DRE #01220368 • Morgan Skenderian
Property Details for 1148 West Civic Center Drive
Parking Spaces Total
21
Private PoolNo
Total Units14.0
Building TypeAttached
Lot Size SourceAssessor
Living Area9385
Assessor Parcel Number405-082-02
Property Attached YNtrue
LISTING UPDATED: 11/14/2024 07:00 AM
Property Details for 1148 West Civic Center Drive
Status | Closed |
---|---|
MLS # | PW24172731 |
Days on Market | 22 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.40 AC / 17,428 SF |
County | Orange County |
Building Information for 1148 West Civic Center Drive
Stories2Residences-Year Built1963Building Size-Lot Size0.40 AC / 17,428 SF
Property Information for 1148 West Civic Center Drive
Property History for 1148 West Civic Center Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1148 West Civic Center Drive
Taxable ValueLand$115,554Additions$404,322Total$519,876
Tax Record2024$9,443 ($787 / month)
Home Facts
Total Finished SqFt9,385 SqFtAbove Grade Finished SqFt9,385 SqFtStories2Lot Size17,428 SqFtStyleMiscellaneous CommercialYear Built1963CountyORANGEAPN405-082-02
Schools near 1148 West Civic Center Drive
This home is within Santa Ana Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Heroes Elementary School PublicK to 5 | ||
Willard Intermediate School Public6 to 8 | ||
Santa Ana High School Public9 to 12 | ||
Nova Academy Early College High Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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