Courtesy of Marcus & Millichap RE Invest, Tyler Leeson. IDX Contact: 949-419-3200

401 Nobel Avenue Santa Ana, CA 92707
$1,700,000
beds
0 baths
sq ft

Contact Us to Learn More

David Oronoz

David Oronoz

Principal | Multifamily Investments

DRE# 01838862

Bobby Aschtiani

Bobby Aschtiani

Principal | Multifamily Investments

DRE# 02048373

Chris Pettit

Chris Pettit

Founder

DRE# 01983950

Property Description

401 Nobel Avenue is a 4-unit multifamily investment property located in Santa Ana, California. Situated on a 0.17-acre lot, 401 Nobel Avenue consists of one, two, and three-bedroom units and includes amenities such as garage and open parking, security doors, private patios or balconies, and on-site laundry. 401 Nobel Avenue has an excellent south Santa Ana location, situated less than 0.80 miles from South Coast Plaza, one of the largest retail destinations in the United States. Additionally, the bustling retail thoroughfare of Bristol Street is within 10 minutes of the property, which provides residents with convenient access to their everyday needs. Furthermore, 401 Nobel Avenue is 0.45 miles away from the Interstate 405 and State Route 55 interchange, providing residents with easy access to employment hubs throughout Orange and Los Angeles Counties.

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1969

House

  • 2 total stories
  • Built in 1969
  • Stories: 2
  • 4213 total building sqft
  • No Common Walls
  • Two

Community

  • Curbs
  • Sidewalks

Expenses

  • Electric Expense: $915
  • Fuel Expense: $915
  • Insurance Expense: $1,700
  • Maintenance Expense: $2,400
  • Operating Expense: $30,749
  • Other Expense: $3,780
  • Water Sewer Expense: $915

Garage

  • 4 garage spaces

Income

  • Gross Income: 89700
  • Gross Scheduled Income: 87300
  • Net Operating Income: 56332

Laundry

  • Common Area

Listing

  • Listed on 2021-10-13
  • Rent controlled

Location

  • County: Orange

Lot

  • 7405 sqft
  • 0.17 acres
  • Area: 0.17
  • Lawn
  • Level
  • Street Level

Parking

  • 3 open parking spaces
  • 7 total parking spaces

Property

  • Single building
  • 4 units

Sewer

  • Public Sewer

Taxes

  • New Taxes: $19,209

Utilities

  • 4 separate electric meters
  • 4 separate gas meters

Mortgage Calculator

Let’s Talk

You’ve got questions and we can’t wait to answer them.

We use cookies and tracking technology in connection with your activities on our website. By viewing and using our website, you consent to our use of cookies and tracking technology in accordance with our Privacy Policy.