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1143 South Poplar Street Santa Ana, CA 92704
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Key Details
Sold Price $1,750,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,520 sqft
Price per Sqft $387
MLS Listing ID PW-21244554
Sold Date 03/31/22
Year Built 1959
Lot Size 6,785 Sqft
Property Description
We are pleased to present 1143 S. Poplar Street, a garden-style, 8-unit apartment community located in the exceptionally strong rental market of Santa Ana. Family-owned and operated for 12 years, this added value opportunity offers massive upside potential through modernization of interiors and exterior capital improvements that will enhance the curb appeal. The building is comprised of all 1-Bedroom units with carport parking along with on-site laundry for tenants. Tenants of the community enjoy proximity to vibrant and historic Downtown Santa Ana which is amid a complete revitalization with shopping and restaurants, South Coast Plaza, and easy freeway access. These qualities attract a stable and consistent tenant base with very low turnover. These desirable characteristics make 1143 S. Poplar Street a great opportunity for investors looking for a long-term investment. 1140 S. Poplar Street is also available for a combined 28-units across the street from 1143 S. Poplar Street. Buildings can be purchased together or separately.
Location
State CA
County Orange
Zoning R3
Interior
Fireplaces Type Bath, Electric, Gas, Living Room
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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