Address
1407 N Bush Street Santa Ana, CA
Price
$ 14,500,000
Property Attributes
  • MLS#OC21084071
  • TypeIncome
  • CountyORANGE
  • CitySanta Ana
  • Zip92701
  • Style
  • Price$ 14,500,000
  • Bedrooms52
  • Full Bathrooms52
  • Half Bathrooms0
  • Lot Size0.46 Acres
Listing Provided Courtesy Of:
Tyler Leeson with Marcus & Millichap RE Invest.
Data Source:
CRMLS
Property Description

Bush Court Apartments is a 52-unit multifamily investment property located in Santa Ana. Built in 1987, Bush Court Apartments is a turnkey investment property with an ideal unit mix of 14, 1 bed/1 bath units, 2, 1 bed/1 bath plus den units, 22, 1 bed/1.25 bath units, and 14, 2 bed/2 bath units. The majority of units have been renovated with remodeled kitchens, granite countertops, tile backsplashes, microwaves, tile flooring and more. The property features attractive amenities including controlled access, elevator service, ample garage parking with gated access, security cameras, security doors, balconies, patios, and on-site laundry. The property also features a solar panel system, LED lighting, and a utility reimbursement program which will simplify management and lower monthly expenses for a new owner. Bush Court Apartments has an excellent central Santa Ana location, situated less than a mile from Downtown Santa Ana and the bustling 4th Street Market.

Price History
4/21/2021 Listed $14,500,000

General Features

Community Features Curbs, Sidewalks
Garage Spaces 88
Garage Y/N Yes
Levels Three Or More
Listing Agent Tyler Leeson - BRE#01451551
Listing Agent State License 01451551
MLS Area 699 - Not Defined
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Terms Cash to New Loan, 1031 Exchange
Total Actual Rent 80229
Total Units 52
Water Sewer Expense 12604

Interior Features

Common Walls No Common Walls
Laundry Features Common Area

Exterior Features

Lot Features Level, Street Level
Lot Size Acres 0.46
Lot Size Area 0.46
Lot Size Source Assessor
Lot Size Square Feet 20038
Lot Size Units Acres
Number of Buildings 1
Number of Separate Electric Meters 52
Number of Separate Gas Meters 52
Number of Separate Water Meters 1
Total Parking 88
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92701

Price
AVG $3.11M
$14.5M
Visits
AVG 143
41
Year Built
AVG 1935
1987
Walkscore
AVG 90
91
Data Provided by Walkscore ® not using MLS data

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