$4,199,900
1416 N Spurgeon Street, Santa Ana CA 92701
Multi-Family (20 Units)
Property type
65 days
On market
$386
Price per sqft
6 cars
Garage
1978
Year built
14,810 sqft
Lot size
Open Houses
Overview
VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!! ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! We are pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School,...
Listing provided by: Ruben Khorsandi DRE #01085411, Alliance Investment RE Group
Listing updated: Apr 1, 2026 at 05:58pm.
Last checked: Jun 5, 2026 at 07:01pm
Source: CRMLS #OC26051314
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | — | $6,100 | $6,100 | $8,780 | Unfurnished |
| 16 | 0 | 1 | — | $21,760 | $21,760 | $31,920 | Unfurnished |
# of Buildings: 1
# of Units Total: 20
Separate Electric Meters: 21
Separate Gas Meters: 21
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 20
Financial Snapshot
Gross Rent Multiplier
12.5x
List Price / Annual Gross Rent
Cap Rate
5.41%
NOI / List Price
Gross Scheduled Income: $337,320
Operating Expense: $110,071
Net Operating Income: $227,249
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Sixteen To Twenty Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 6
Uncovered Spaces: 16
Parking Total: 22
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 39813329
Additional Parcels: No
Tax Lot: 15
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1416 N Spurgeon Street, Santa Ana, CA 92701. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,359,920
Total Interest
$4,285,393
Total Payment
$7,645,313
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$25,762
per month
Property History for 1416 N Spurgeon Street
Santa Ana Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92701.
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