1910 Spurgeon St Santa Ana, CA 92706

This exceptional 24-unit apartment building in Santa Ana, CA, presents a compelling investment opportunity. Situated on a 0.36-acre lot, this 15,584 square foot property, built in 1979, offers a mix of studio and one-bedroom floor plans. Desirable amenities include gated access, on-site laundry, and select units featuring private balconies. Ample parking is available in a gated garage. The property benefits from a prime location between Floral Park and French Park, offering easy access to a wealth of retail, dining, and entertainment options on 4th Street, and is less than a mile from the Santa Ana Regional Transportation Center, providing convenient access to Amtrak, Metrolink, and OCTA. Its proximity to Santa Ana College (a major local employer) and Interstate 5 further enhances its appeal. The asking price is $5,472,000, translating to $228,000 per unit and $351.13 per square foot. Current rents are below market rates, presenting a significant value-add potential for a new owner through strategic renovations. The property is offered fee simple. Please note: Drive by only; do not disturb residents.