Address
332 S Newhope Street Santa Ana, CA
Price
$ 3,700,000
Property Attributes
  • MLS#NP21141727
  • TypeContingent
  • CountyORANGE
  • CitySanta Ana
  • AreaN of Blsa - S of GGrv - E of Brookhrst - W of Ha
  • NeighborhoodOther
  • Zip92704
  • Style
  • Price$ 3,700,000
  • Bedrooms20
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage11012
  • Lot Size0.78 Acres
Listing Provided Courtesy Of:
Randall Mycorn with R.l.M. Equities, Inc. - 949-573-5309
Data Source:
California Regional MLS (CRMLS) - 25 - CA
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.

Price History
6/30/2021 Listed $3,700,000

General Features

Community Features Suburban
Flooring Carpet, Laminate, Vinyl
Heating Natural Gas
Interior Features All Bedrooms Up
Levels Two
Listing Agent Randall Mycorn - BRE#02078223
Listing Agent State License 02078223
MLS Area 66 - N of Blsa, S of GGrv, E of Brookhrst, W of Ha
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Roof Tar/Gravel
Sewer Public Sewer
Spa Features None
Special Listing Conditions Standard
Status Active Under Contract
Stories 2
Subdivision Name Other (OTHR)
Terms 1031 Exchange
Total Actual Rent 17930
Total Units 12
Water Sewer Expense 4150

Interior Features

Common Walls 2+ Common Walls
Fireplace Features Bath, Electric, Family Room, Gas, Kitchen, Master Bedroom, Outside
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Common Area

Exterior Features

Lot Features 11-15 Units/Acre
Lot Size Acres 0.78
Lot Size Area 33977
Lot Size Source Assessor
Lot Size Square Feet 33977
Lot Size Units Square Feet
Number of Buildings 5
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Number of Separate Water Meters 3
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom
Master Bedroom

Amenities

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

Property vs Contingent Average in 92704

Price
AVG $830K
$3.7M
Visits
AVG 88
325
Year Built
AVG 1970
1966
Walkscore
AVG 60
71
Data Provided by Walkscore ® not using MLS data

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