Marcus & Millichap, as the exclusive listing agent, is pleased to Npresent the opportunity to acquire 2129 South Center Street, a 3-unit multifamily investment property located in Santa Ana, one of the premier housing markets nationwide.
Built in 1960, 2129 South Center Street consists of one- and twobedroom units and offers amenities including security doors, garage parking, and gated access. 2129 South Center Street is within walking distance to Adams Elementary School and Adams Park. The property is also one mile from Valley High School and South Coast Plaza, Orange County’s premier shopping destination with over 24 million visitors annually.
Named the county seat in 1889, Santa Ana is also known as the financial and governmental center of Orange County. It’s been in recent competition with its fast growing neighbor, the city of Irvine in regards to commercial growth. As the city’s commercial wealth grows, average household income growth is also projected to rise by 15.42 percent to $89,467 by 2023.
Given the strong market dynamics and unique appeal of the subject property, 2129 South Center Street is well suited to provide investors with strong returns and value appreciation over the long-term investment horizon.