Santa Ana, CA 92704,1143 S Poplar Street
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Santa Ana, CA 92704,1143 S Poplar Street
Santa Ana, CA 92704,1143 S Poplar Street
Santa Ana, CA 92704,1143 S Poplar Street
Santa Ana, CA 92704,1143 S Poplar Street

$1,750,000

Est. payment /mo

$1,845,000

5.1%
Est.Price: ?

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1143 S Poplar Street Santa Ana, CA 92704

1 Bed

1 Bath

6,785 Sqft Lot

SOLD DATE : 03/31/2022

Key Details

Sold Price $1,750,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21244554

Bedrooms 1

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.
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

Area Oc - Santa Ana (92704)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Others

Acceptable Financing Cash

Space Rent $1,275

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Nick Gould • Morgan Skenderian
Bought with Matthew Hoyt • Hoyt Real Estate, Inc.

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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