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    1001 Riverine Avenue

    Santa Ana, CA 92701
    • $6,425,000
    • STATUS: Active
    • ON SITE: 377 days
    • ID#: OC20070507
    UPDATED: 81 min ago
    $6,425,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,854
      SQFT
    • $308
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:

    School Ratings & Info

    Description

    Riverine Apartments is a 30-unit multifamily investment property located at 1001 Riverine Avenue, Santa Ana, CA. Built in 1982, Riverine Apartments consists of spacious studio units and offers amenities including on-site laundry, controlled access, security doors, private balconies, and gated covered parking. 16 units have recently undergone renovations including new flooring, cabinets, paint, quartz countertops, fixtures, and appliance packages.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T12:27:29.82. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/104889380
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    1001 Riverine Avenue Santa Ana, CA 92701

    • Price: $6,425,000
    • Status: Active
    • Updated: 81 min ago
    • ID#: OC20070507
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    20,854
    SQFT
    $308
    $/SQFT
    1982
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    Riverine Apartments is a 30-unit multifamily investment property located at 1001 Riverine Avenue, Santa Ana, CA. Built in 1982, Riverine Apartments consists of spacious studio units and offers amenities including on-site laundry, controlled access, security doors, private balconies, and gated covered parking. 16 units have recently undergone renovations including new flooring, cabinets, paint, quartz countertops, fixtures, and appliance packages.
    Exterior Features

    Lot Features Street Level Number Of Separate Electric Meters 30 Parking Features Underground Parking Total 30 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest Community Apartment Community Features CurbsGutter(S)Sidewalks Electric Expense 10808 Fuel Expense 10807 Garage YN Yes Gross Income 501271 Gross Scheduled Income 491652 Insurance Expense 2880 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Maintenance Expense 15000 Net Operating Income 298844 New Construction YN No New Taxes Expense 79647 Number Of Separate Gas Meters 30 Number Of Separate Water Meters 1 Operating Expense 187677 Other Expense 27460 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 10807 Vacancy Allowance 14750 Water Sewer Expense 10807 Water Source Public

    Listing provided courtesy of Tyler Leeson of Marcus & Millichap Re Invest


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T12:27:29.82. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691