Detailed Introduction Of This Home
We are pleased to present 1146-1150 W. Brook Street, a bread butter portfolio consisting of 14 apartment units. Priced at only $197,000 per unit, this portfolio is the most affordable asset on the market in Orange County. With a projected 37% in rental upside the new investor can realize an immediate cash flow on the current rents with tremendous growth built in for the future.
Located within the Pico – Lowell neighborhood, a quiet suburban community within arm’s reach of Santa Ana’s finest amenities. Several grocery stores and corner markets around the neighborhood make it easy to pick up daily necessities without having to drive anywhere. Lowell, Pio Pico, and Martin Luther King Jr. Elementary Schools and Mater Dei High School are all within easy walking distance of most homes in the neighborhood, giving local students the option to head to class on foot. Just northeast of the neighborhood, folks have direct access to Flower Street Park and Angels Community Park, as well as the dining, entertainment, and artistic attractions surrounding Historic 4th Street. These attractive attributes are what keep long-term paying tenants and occupied units.