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626 East 3rd Street
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for purchase in Santa Ana.
- Property is a fully stabilized asset for immediate investment.
- Listing price for the California investment is 1.3 million dollars.
- Current asset performance reflects a cap rate of 5.34 percent.
- Located in the dense and active Orange County apartment market.
What's Special
This multifamily apartment building at 626 East 3rd Street in Santa Ana, California, represents a fully stabilized investment opportunity within the Orange County market. Santa Ana maintains a consistent demand for rental housing due to its central location and proximity to major employment hubs throughout Southern California. The property sits within an established urban environment, positioned well for investors seeking stable cash flow in a dense, supply-constrained region. Multifamily assets in this submarket often serve a diverse resident base looking for access to regional transit and local services. Given the current occupancy status, the building provides a functional addition to a portfolio focused on long-term holding strategies. The 5.34% cap rate reflects the established nature of this income-producing asset, suitable for professional investors focused on the Southern California apartment sector.
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