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1409 W Lingan LN Santa Ana, CA 92704
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Key Details
Sold Price $2,450,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,543 sqft
Price per Sqft $286
MLS Listing ID OC19066841
Sold Date 08/21/19
HOA Y/N No
Year Built 1959
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Apartment
Property Description
1409 West Lingan Lane is an 11-unit multifamily investment property located in Santa Ana, California. Built in 1959, 1409 West Lingan Lane offers investors the opportunity to capitalize on strong market trends that should increase rental income by approximately 13 percent. Situated on a 0.25 acre lot, the property consists of one- and two-bedroom floor plans. 1409 West Lingan Lane is a gated property and includes amenities such as a central courtyard, garage parking, and on-site laundry. The property is situated near schools, parks, and major transportation routes.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Community
Exterior
Garage Spaces 11.0
Pool None
Community Features Sidewalks, Street Lights
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.5
TERMS 1031 Exchange,Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Please contact the listing agent. Do not disturb the tenants.
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Bought with Marcus & Millichap RE Invest