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332 S Newhope ST Santa Ana, CA 92704
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Key Details
Sold Price $3,625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID NP21141727
Sold Date 09/30/21
HOA Y/N No
Year Built 1966
Lot Size 0.780 Acres
Property Description
The Peppertree Apartments offer a professional investor the opportunity to purchase an income producing property with 30% upside in Rents. There is also potential to build two additional units on the .8 Acre lot. The complex is located off of Newhope St., with great exposure for marketing future vacant units. The parcel is also situated just TWO bock from the Fountain Valley northern border. There are four Middle and Elementary schools within walking distance, as well as a multitude of Retail Centers and Parks.
Location
State CA
County Orange
Area 66 - N Of Blsa, S Of Ggrv, E Of Brookhrst, W Of Ha
Interior
Interior Features All Bedrooms Up
Heating Natural Gas
Flooring Carpet, Laminate, Vinyl
Fireplaces Type Bath, Electric, Family Room, Gas, Kitchen, Master Bedroom, Outside
Fireplace Yes
Laundry Common Area
Exterior
Pool None
Community Features Suburban
Roof Type Tar/Gravel
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 10811311
Energy Description 1000.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Mike Sadeghi • Pridemark Group
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