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1066 W 1St St Santa Ana, CA 92703

$1,023,888 Sold Price as of 04/28/2020

0 Beds
8 Baths
2,280 Sq.Ft.

Sold

$1,023,888 Sold Price as of 04/28/2020 Refinance Your Mortgage

Map preview of 1066 W 1St St, Santa Ana, CA 92703

Property Overview: 1066 W 1St St Santa Ana, CA has -- bedrooms, 8 bathrooms, 2,280 living square feet and 4,767 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The 1st Street Apartments, an 8-unit apartment building located in Santa Ana, CA, was built in 1924; the property offers a simple unit mix of all studio units. There is one on-site laundry facility, and gated parking which includes 9 parking spaces. Most units have tile flooring, and some units have granite countertops. Recent improvements include newer windows, new concrete, exterior paint, some units have remodeled showers and remodeled floors and new electrical wiring. The 1st Street Apartments offers an investor the opportunity to purchase an income producing asset with 16% upside in rents and a 6.5% cap rate on market rents.

Listed by Chris Keramati | BRE #01702116 | Triqor Group

Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft: 4,767
HOA Dues: $0/mo
Year built: 1924
Garage: 9 Car
Property Type:: Multi Family

Status: Sold
MLS#: PW20037598
City: Santa Ana
County: Orange
Time on Site: 1367 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 8
Total # of Buildings: 1
# of Electric Meters: 0
# of Gas Meters: 0
# of Water Meters: 0

Unit Breakdown 1

# of Units: 8
# of Beds: 0
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,056
Total Rent: $8,448
Pro Forma/Market Rent: $1,225

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 5.2%
Gross Rent Multiplier: 12.08
Gross Scheduled Income: $103,452
Net Operating Income: $65,525
Gross Operating Income: $100,348
Vacancy Allowance: $3,104

Annual Expense Breakdown

Total Operating Expense: $34,823
Electric: $0
Gas/Fuel: $0
New Taxes: $15,702
Trash: $0
Insurance: $0
Professional Management: $0
Water/Sewer: $0

Property Details for 1066 W 1St St

Interior Features

Laundry Information

Has Laundry
Community

Interior Features

Levels: Two

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 9
# of Parking Spaces: 9

Lot Information

Lot Features: Landscaped
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 8
Parcel Number: 00814203
Year Built Source: Public Records
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Please Contact Listing Agent For All Directions

Neighborhood Information

Community Features: Suburban

View more facts & features

Local Santa Ana Agent

Sale History for 1066 W 1St St

Last leased for $1,200 on June 17th, 2021

June, 2021
Jun 17, 2021

Date

Leased

CRMLS: OC21118105

$1,200

Price
Jun 10, 2021

Date

Active

CRMLS: OC21118105

$1,200

Price
Jun 10, 2021

Date

Hold

CRMLS: OC21118105

$1,200

Price
Jun 2, 2021

Date

Active

CRMLS: OC21118105

$1,200

Price
Jun 2, 2021

Date

Coming Soon

CRMLS: OC21118105

$1,200

Price
Listing provided courtesy of CRMLS
April, 2020
Apr 29, 2020

Date

Sold

CRMLS: PW20037598

$1,023,888

Price
Apr 28, 2020

Date

Pending

CRMLS: PW20037598

$1,250,000

Price
Feb 20, 2020

Date

Active

CRMLS: PW20037598

$1,250,000

Price
April, 2020
Apr 28, 2020

Date

Sold (Public Records)

Public Records

$1,024,000

Price
February, 2020
Feb 20, 2020

Date

Expired

CRMLS: PW19234687

$1,300,000

Price
Feb 10, 2020

Date

Hold

CRMLS: PW19234687

$1,300,000

Price
Nov 1, 2019

Date

Price Change

CRMLS: PW19234687

$1,300,000

Price
Oct 7, 2019

Date

Active

CRMLS: PW19234687

$1,400,000

Price
Listing provided courtesy of CRMLS

The 1st Street Apartments, an 8-unit apartment building located in Santa Ana, CA. Built in 1924; the property offers a simple unit mix of all studio units. There is one on-site laundry facility, and gated parking which includes 9 parking spaces. Most units have tile flooring, and some units have granite countertops. Recent improvements include, newer concrete, exterior paint, some units have redone showers and redone floors and new electrical wiring. The 1st Street Apartments offers an investor the opportunity to purchase an income producing asset with 16% upside in rents and a 6.2% cap rate on market rents.

Continue Reading
June, 2017
Jun 1, 2017

Date

Sold (Public Records)

Public Records

$794,000

Price

Tax History for 1066 W 1St St

Assessed Value (2020): $823,996

Year	Land Value	Improved Value	Assessed Value
2020	$617,997	$205,999	$823,996

Home Value Compared to the Market

This property vs the competition

1066 W 1St St sold on April 28, 2020 for 66.67% higher than the current median sold price for the city of Santa Ana which is $750,000. The median sold price per/sqft for Santa Ana is $561 and this home is sold at $548.25 per/sqft which puts the price per square foot 2.27% lower than the current median sale per square foot for the city of Santa Ana.

About 1066 W 1St St

Detailed summary of property

1066 W 1St St is a multi family that recently sold in Santa Ana, CA 92703. This multi family property offered -- bedrooms, 8 bathrooms, roughly 2,280 living square feet, and sits on an approximately 4,767 square foot lot. 1066 W 1St St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,023,888. Home in Santa Ana are selling for a median price of $750,000 and a median price per square foot of $561. Based on Ardent Real Estate Group's Santa Ana Market Data, this home is sold 66.67% higher than the current median priced home. Local homes that are currently for sale include 12213 Firestone Blvd, 1033 Prospect Ave and 4110 E Vermont St. While the average home in Santa Ana, CA is selling in 48 days, 1066 W 1St St has a days on market of 60 days. There are currently 233 homes for sale in the Santa Ana real estate market and 132 of them are single family homes while 91 of them are condos and 9 are townhomes. For more information on this home for sale at 1066 W 1St St Santa Ana, CA 92703 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 1066 W 1St St

Public county record property details

Beds: --
Baths: --
Year built: 1924
Sq. Ft.: 2,280
Lot Size: 4,767
Stories: 2

Type: Apartments (Generic)
Pool: No
Spa: No
County: Orange
Lot#: 11
APN: 008-142-03

The source for these homes facts are from public records.

92703 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$768,000

Median List Price/Sq.Ft.

$587

Median Sold Price

$800,000

Median Sold Price/Sq.Ft.

$510

Total Inventory

Median Sale to List Price %

103.23%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (22.22%), VA (0%), Cash (22.22%), Other (22.22%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

1066 W 1St St Santa Ana, CA 92703

Unit Mix Summary

Unit Breakdown 1

Property Income and Analysis

Annual Expense Breakdown

Property Details for 1066 W 1St St

Laundry Information

Interior Features

Exterior Features

Parking/Garage Information

Lot Information

Property Information

Utilities Information

Location Information

Neighborhood Information

Local Santa Ana Agent

Sale History for 1066 W 1St St

Tax History for 1066 W 1St St

Home Value Compared to the Market

About 1066 W 1St St

Public Facts for 1066 W 1St St

92703 Real Estate Sale History (Last 30 days)

Thinking of Selling?

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Recently Sold Homes Near 1066 W 1St St

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