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1137 S Poplar St, Santa Ana, CA 92704
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1137 S Poplar St Santa Ana, CA 92704

$1,450,000 Sold Price as of 01/31/2024
  • 7 Beds
  • 7 Baths
  • 3,618 Sq.Ft.
Sold
$1,450,000 Sold Price as of 01/31/2024 Refinance Your Mortgage
Map preview of 1137 S Poplar St, Santa Ana, CA 92704

Property Overview: 1137 S Poplar St Santa Ana, CA has 7 bedrooms, 7 bathrooms, 3,618 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Value-add investment is comprised of 7 units located in the City of Santa Ana near Mater Dei High School, built in 1971 consists of seven 1 bedroom/1 bath units. This building has been well maintained and managed. The Close Proximity to nearby Bristol/McFadden retail corridor, the shopping centers, markets, and transportation makes it extremely desirable to tenants. Long term tenants in place, all on month to month leases, all tenants pay on time! All electric separately metered, tenants pay. Onsite laundry. Current owner has made several improvements to the building including exterior paint, A/C units added to units, new sliders, windows, 2 units have been recently updated, roof recently recoated with cool roof. POTENTIAL TO DEVELOP ADDITIONAL UNITS ON SITE, there is a sustained demand for new development and with this property there is huge value add potential and rental growth.

Listed by Marisa Hernandez | BRE #01956098 | Casa Real Estate Group, Inc.
Last checked: 10 minutes ago | Last updated: February 1st, 2024 | Source CRMLS | DOM: 191

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1971
Garage
7 Car
Property Type:
Apartment
Status
Sold
MLS#
PW23114605
City
Santa Ana
County
Orange
Time on Site
300 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 7
  • Garaged Attached? No
  • Actual Rent: $10,360
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $124,320
  • Net Operating Income: $105,327
  • Gross Operating Income: --
  • Laundry Income: $1,968
Annual Expense Breakdown
  • Total Operating Expense: $18,993
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $2,794
  • Professional Management: $0
  • Water/Sewer: $3,325

Property Details for 1137 S Poplar St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 10907209
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Located off Bristol & Edinger
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Santa Ana Agent

Sale History for 1137 S Poplar St

Last sold for $1,450,000 on January 31st, 2024

  • January, 2024

  • Jan 31, 2024

    Date

    Sold

    CRMLS: PW23114605

    $1,450,000

    Price

  • Jun 29, 2023

    Date

    Active

    CRMLS: PW23114605

    $1,599,000

    Price

  • June, 2022

  • Jun 17, 2022

    Date

    Canceled

    CRMLS: PW22005295

    $1,860,000

    Price

  • Jan 31, 2022

    Date

    Active

    CRMLS: PW22005295

    $1,840,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Opportunity! This 7 unit multifamily building located in the City of Santa Ana near Mater Dei High School, built in 1971 consists of seven 1 bedroom/1 bath units. This building has been well maintained and managed. The Close Proximity to nearby Bristol/McFadden retail corridor, the shopping centers, markets, and transportation makes it extremely desirable to tenants. Long term tenants in place, all on month to month leases, all tenants pay on time! All electric separately metered, tenants pay. Onsite laundry. Current owner has made several improvements to the building including exterior paint, A/C units added to units, new sliders, windows, 2 units have been recently updated, roof recently recoated with cool roof.

  • December, 2013

  • Dec 20, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2005

  • Feb 4, 2005

    Date

    Sold (Public Records)

    Public Records

    $810,000

    Price

Show More

Tax History for 1137 S Poplar St

Assessed Value (2020): $845,325
Year Land Value Improved Value Assessed Value
2020 $549,461 $295,864 $845,325

Home Value Compared to the Market

This property vs the competition

1137 S Poplar St sold on January 31, 2024 for 99.73% 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 $414.04 per/sqft which puts the price per square foot 26.2% lower than the current median sale per square foot for the city of Santa Ana.

About 1137 S Poplar St

Detailed summary of property

1137 S Poplar St is a apartment that recently sold in Santa Ana, CA 92704. This apartment offered 7 bedrooms, 7 bathrooms, roughly 3,618 living square feet, and sits on an approximately 6,970 square foot lot. 1137 S Poplar St was first listed on ArdentRealEstateGroup.com on June 27, 2023. The homeowner sold the property for $1,450,000. 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 99.73% higher than the current median priced home. Local homes that are currently for sale include 221 N Clementine St, 403 N N Harbor Blvd and 728 Clay Ave. While the average home in Santa Ana, CA is selling in 47 days, 1137 S Poplar St has a days on market of 191 days. There are currently 228 homes for sale in the Santa Ana real estate market and 126 of them are single family homes while 92 of them are condos and 9 are townhomes. For more information on this home for sale at 1137 S Poplar St Santa Ana, CA 92704 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 1137 S Poplar St

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
3,618
Lot Size
6,842
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
109-072-09

The source for these homes facts are from public records.

92704 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$645,000
Median List Price/Sq.Ft.
$543
Median Sold Price
$855,000
Median Sold Price/Sq.Ft.
$610
Total Inventory
50
Median Sale to List Price %
100.59%
Avg Days on Market
16
Loan Type
Conventional (43.75%), FHA (12.5%), VA (0%), Cash (18.75%), Other (25%)

Thinking of Selling?

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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.

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