The Mogharebi Group | Multifamily Investment Advisory

Property Summary

Price	Call for Details
Price Per Unit	$237,500
Units	20
Year Built	1978
Parking Ratio	1.50

Investment Highlights

Fully Occupied with Immediate Rental Upside
Upside with RUBS Implementation
Value-Add Opportunity
Within Minutes of Downtown Santa Ana
Less than a Mile from Upcoming OC Streetcar
Regional Connectivity and Access to Jobs

Property Description

The Mogharebi Group is pleased to present the opportunity to acquire 1416 North Spurgeon Street, a 20-unit multifamily property located in Santa Ana, California. Built in 1978, the property comprises a two-story apartment building on 0.34 acres with a unit mix of studio and one-bedroom floor plans ranging from 500 to 715 square feet.

1416 North Spurgeon Street
Santa Ana, CA 92701

1416 North Spurgeon is strategically positioned within a five-minute drive of the bustling Downtown Santa Ana commercial district centered around its revitalizing 4th Street corridor. The property is convenient to schools, shops, restaurants, and service-based businesses in the surrounding neighborhood. The I-5 Highway is also within easy access, providing regional connectivity to major retail, entertainment, dining, and employment opportunities throughout Orange County.