2201 S Kilson Drive

Santa Ana, CA 92707

  • 12 beds
  • 6 baths
  • 4,816 sqft
  • 10,454 sqft lot

$2,200,000

  • Active
  • NP18162312

PROPERTY DESCRIPTION

Located on a quiet street in an up-and-coming neighborhood within Santa Ana, Kilson Drive Apartment Homes offers a rare investment opportunity, primed for buyers looking to take advantage of 2-4 unit residential financing and/or a turnkey 1031 upleg. The property is comprised of two side-by-side parcels with separate addresses and APNs for a total of 6-units, providing an opportunity for prospective buyers to maximize their ROI by taking advantage of today’s low conventional rates. All units are 2 bed/1 bath configurations, generating annualized current income of $120,000 and due to bump another 5% next year. The property underwent a significant remodel in 2016 including new landscaping, exterior and interior paint, floors, kitchens, bathrooms, wall heaters, windows and recessed lighting. Both building’s plumbing was completely re-piped and front and back gates installed. The property offers two on-site laundry rooms, covered garage parking and storage below each stairwell and behind each parking spot.

Listing Details

Address:   2201 S Kilson Drive, Santa Ana, CA 92707
  • Listing Type
    Multifamily Apartments
  • Listing Status
    Active
  • MLS #
    NP18162312
  • Year Built
  • Square Foot
    4,816
  • Stories
  • Parking Spaces
  • Subdivision
    Other (OTHR)
  • Bathrooms
    6
  • Half Bathrooms
    0
  • Lot Size
    10,454