1308 N Sycamore ST Santa Ana, CA 92701

Welcome to 1308-1320 N. Sycamore Street, an 11-unit apartment complex located in the heart of Santa Ana within an opportunity zone. Comprised of a 4-unit & 7-unit building on separate parcels (which can be purchased together or separately), 1308-1320 N. Sycamore Street has been beautifully & extensively renovated with 7 out of the 11 units remodeled and over $185,000 in recent improvements. Inside select renovated units you will find new kitchens with granite countertops, stainless steel appliances, new bathrooms with new vanities, tile shower walls and high-efficiency toilets and LED recessed lighting The exterior shines with new exterior paint, windows, asphalt, replaced and repaired roof and fresh landscaping. This investment opportunity is desirably located near Downtown Santa Ana, The County of Orange Federal & Judicial Buildings, Bowers Museum & Main Place Mall, allowing tenants to work and enjoy shopping, dining and entertainment all within city limits. 1308-1320 N. Sycamore offers immediate cash flow to a new investor with the opportunity to increase cash flow by renovating the remaining 4 units making this an excellent investment opportunity. *Opportunity Zone Investment, *4.8%CAP Rate on Current Rents, *3.9% Fixed Rate Financing with 32% Down Payment, 4-Plex & 7-Units on Separate Parcels (Can Be Purchased Together or Separately), *Major Renovations and Upgrades Completed- Interiors & Exterior, *In-Demand Rental Location Near Downtown Santa Ana & Bowers Museum