$3,100,000

1114 S Pacific Ave Santa Ana, CA 92704

Mid-City Neighborhood

Estimated payment $19,552/month

Total Views 5,794
1 Bed
1 Bath
8,400 Sq Ft
$369 Price per Sq Ft

Highlights

  • Senior Community
  • 0.35 Acre Lot
  • Laundry Room

About This Home

This pride-of-ownership offering consists of two well-maintained eight-unit apartment buildings on contiguous parcels. The buildings offer all one-bedroom/one-bath units, on-site laundry, ample surface parking in the rear, and a large fenced courtyard.1110-1114 South Pacific Avenue is located near the intersection of McFadden Avenue and Bristol Street, within easy walking distance of a major grocery store and dining options, one block from an elementary school, and a half-mile to Mater Dei High School.Current rents offer a new investor 19 percent rental upside, making this a great opportunity for any investor looking to acquire a desirable asset in a strong Orange County rental location.

Listing Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 04/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • 10941104

Interior Spaces

  • 8,400 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 3070
  • Assessor Parcel Number 10941103
  • $2,123 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 16 Separate Electric Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • CapRate: 5.46
  • Price Per Unit: 193750
  • Property Attached: No
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 10941103
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 369.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 16.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 10941104
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15177.00
  • Lot Size Acres: 0.3484

Multi Family

  • Gross Multiplier: 10.40
  • Lot Size Area: 15177.0000 Square Feet
  • Number Of Separate Electric Meters: 16
  • Number Of Units Total: 16
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 747.01
  • Tax Lot: 66
  • Tax Tract Number: 3070
  • TaxOtherAnnualAssessmentAmount: 2123.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $3,100,000 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25076815

California Regional Multiple Listing Service (CRMLS)

California Orange County Santa Ana 92704 Mid-City

1114 S Pacific Ave, Santa Ana, CA

This home is located at 1114 S Pacific Ave, Santa Ana, CA 92704 and is currently priced at $3,100,000, approximately $369 per square foot. This property was built in 1957. 1114 S Pacific Ave is a home located in Orange County with nearby schools including Monte Vista Elementary School, Gerald P. Carr Intermediate School, and Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Listing Agent
Steve Bogoyevac
Section Image
Steven M. Bogoyevac, Broker
(657) 551-5980