1610 West Civic Center Drive

Santa Ana, CA 92703

$1,230,000
Last Sold Price
2
Beds
4
Baths
3,797 Sq. Ft.
$324 / Sq. Ft.
3,797
Sq. Ft.
$324
per Sq. Ft.

Description

Rarely available seller financing opportunity in Santa Ana. 1610 W. Civic Center Drive offers a well maintained 1980s constructed apartment building comprised of (4) two-bedroom/one-bath units. Each unit features updated kitchens, bathrooms, washer/dryer hookups, individual water heaters, and a private patio or balcony. Boasting (4) carport spaces and (8) open parking spaces, the property provides a coveted 3:1 parking ratio, a rarity for apartments. Spanning ±3,797 SF, the mostly stucco structure...Rarely available seller financing opportunity in Santa Ana. 1610 W. Civic Center Drive offers a well maintained 1980s constructed apartment building comprised of (4) two-bedroom/one-bath units. Each unit features updated kitchens, bathrooms, washer/dryer hookups, individual water heaters, and a private patio or balcony. Boasting (4) carport spaces and (8) open parking spaces, the property provides a coveted 3:1 parking ratio, a rarity for apartments. Spanning ±3,797 SF, the mostly stucco structure has recently undergone wood siding replacement. Surrounded by single-family homes and smaller apartment buildings, the neighborhood offers a tranquil setting. The seller is open to negotiating financing terms for up to 10 years, presenting an enticing investment opportunity.
  1. Listed by Michael Arp • DRE #01488586 • Brokerage DRE #01220368 • Morgan Skenderian • 7142628992

Property Details for 1610 West Civic Center Drive

Parking Spaces Total
12
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3797
Assessor Parcel Number
405-044-04
Property Attached YN
false
LISTING UPDATED: 11/11/2024 11:27 PM

Property Details for 1610 West Civic Center Drive

StatusClosed
MLS #PW24202237
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1983
Lot Size0.14 AC / 6,098 SF
CountyOrange County

Building Information for 1610 West Civic Center Drive

Stories2Residences-Year Built1983Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 1610 West Civic Center Drive

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $78,480
  • Vacancy Allowance: 1570
  • Vacancy Allowance Rate: 2
  • Net Operating Income: $47,153
  • Gross Multiplier: 17.2
  • Cap Rate: 3.5
  • Financing: Owner Carried
Expense Details
  • Operating Expense: $29,757
  • New Taxes Expense: $15,232
  • Fuel Expense: $1,000
  • Electric Expense: $1,000
  • Insurance Expense: $2,200
  • Maintenance Expense: $3,846
  • Other Expense: $500
  • Other Expense Description: Admin
  • Trash Expense: $2,500
  • Water Sewer Expense: $2,500
  • Total Expenses: $29,757
Tax / Assessment Info
  • Tax Tract Number: 174
  • Tax Census Tract: 752.02
  • CFD/Mello-Roos Fee: $1,035
  • Tax Lot: 38
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Roof: Composition, Shingle
  • Entry Location: Ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street, Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,635
  • Unit Type Total Rent: $1,635
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Disposal: 4

Property History for 1610 West Civic Center Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1610 West Civic Center Drive

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
George Washington Carver Elementary School
PublicK to 5

Lydia Romero-Cruz Elementary School
PublicK to 8

Valley High School
Public9 to 12

Middle College High School
Public9 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Morgan Skenderian, Michael Arp, DRE #01488586

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.