33.7536125183106 -117.871307373047

1001 Riverine Avenue Santa Ana, CA 92701

RE/MAX Premier Realty
RE/MAX Premier Realty
(949) 451-1200
5299 Alton Pkwy Irvine CA 92604
no name available RE/MAX Premier Realty
222416466 33.7536125183106 -117.871307373047 124 /listing/222416466-150158207/1001-riverine-avenue-santa-ana-ca-92701 False 0 6250000.0000 105 OC18256843 False
  • $6,250,000
  • 1001 Riverine Avenue Santa Ana, CA 92701
  • 20,909 lot
  • Est payment $33551.35/mo

Property & Neighborhood Info

Courtesy Of Tyler Leeson, Marcus & Millichap RE Invest

Multi-Family in Santa Ana

Riverine Apartments is a 30-unit multifamily investment property located at 1001 Riverine Avenue, Santa Ana, CA. Built in 1982, Riverine Apartments offers investors the opportunity to capitalize on strong market trends that should increase rental income by approximately 14 percent. Situated on a 0.48-acre lot, the 20,854 square foot property consists of spacious studio units and offers residents on-site laundry, controlled access, security doors, private balconies, and gated covered parking. Riverine Apartments is located within walking distance of Downtown Santa Ana, providing residents with convenient access to ample retail, dining, and entertainment options. The property is also situated in close proximity to Interstate 5, providing residents with easy access to major employment centers throughout North Orange County.

Courtesy Of Tyler Leeson, Marcus & Millichap RE Invest
  1. 20,909 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1983
  • Floors: 3
  • County: Orange
  • Units: 30
  • Subdivision: Other (Othr)
  • MLS Number:OC18256843

Additional Features

  • Common Walls:
    • No Common Walls
  • Community Features:
    • Sidewalks
    • Street Lights
  • Heating:
    • Central
  • Land Size Source:
    • Assessor
  • Laundry:
    • Community
  • Levels:
    • Three Or More
  • Lot Features:
    • Corner Lot
    • Landscaped
  • Pool Features:
    • None
  • Sewer:
    • Public Sewer
  • Special Conditions:
    • Standard
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • CDOM:
    • 461
  • Fuel Exp:
    • 9408.00
  • Gross Income:
    • 462009.00
  • Gross Operating Income:
    • 448455.00
  • Insurance Expense:
    • 6000.00
  • Listing Key:
    • 360990514
  • Lot Size Acres:
    • 0.4800
  • Lot Size Square Feet:
    • 20908.80
  • Maintenance Exp:
    • 15000.00
  • Net Operating Income:
    • 266225.00
  • Number of Buildings:
    • 1
  • Number Of Units Leased:
    • 30
  • Operating Expense:
    • 182230.00
  • Parking Spaces:
    • 0.00
  • Price Per SQFT:
    • 299.70
  • Tax ID:
    • 39855206
  • Total Expenses:
    • 182230.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.