$2,400,000

Multi Family In Santa Ana

  • 1 Beds
  • 1 Baths
  • 13,504 Sqft lot
  • Updated: May 27
  • Source:
    San Diego MLS  MLS#OC26030942

About the Property

1239 West Brook Street is a 12-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 12 one-bedroom one bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place operations. At the aski
1239 West Brook Street is a 12-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 12 one-bedroom one bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place operations. At the asking price, the property is offered at an 10.93 Gross Rent Multiplier and a 5.25% capitalization rate, providing an attractive basis with embedded upside through rental growth. Additional offerings within the Brook Street portfolio include 1227 West Brook Street (11 units), 1207-1213 West Brook Street (18 units), and 1221 West Brook Street (11 units). These four properties are structured to close concurrently; however, they may be purchased individually or in any combination, offering investors flexibility in structuring acquisition size and capital deployment. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways, supporting long-term rental demand and investment stability
  • Property type

    Other

  • Floors

    2

Features

  • Investment Property

Explore the Area

1239 Brook Street West, Santa Ana, California, United States View on Google Maps
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Mike Marcu, Broker - Costa Mesa

Joined 10 months ago
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Mike Marcu, Broker - Costa Mesa
California, United States
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6
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2025
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Mike Marcu, Broker - Costa Mesa
Costa Mesa, California, United States
View agency profile
Last updated
May 27
First listed
Feb 11
Listing reference
OC26030942
Listing status
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