Real estate listing preview #1
listing
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Residential IncomeSold
List Price $5,180,000
Sold Price $4,525,000
931 935 S Standard Avenue
Santa Ana, CA 92701
Listed by Mike Marcu DRE#00919594 [email protected] Mike Marcu, Broker
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$26,838/mo

With a proven market rent upside, including a RUBS program for water, sewer, and trash, this offering provides an attractive "Going In" capitalization rate approaching 5% and a very attractive "Market Rent" capitalization rate. The existing loan of approximately $3,170,000 can be assumed, at a fixed interest rate of 2.90%, or a new loan can be placed on the property. Rents are effective March 1st, 2023.

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Information courtesy of Mike Marcu, Broker is subject to verification and is not guaranteed.
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