Updated Sep 25, 2026
SOLDMultiFamily
Advanced Real Estate Services Acquires Santa Ana Multifamily For $63.75M
2111 W 17th St, Santa Ana, CA, USA
$63,750,000
$94/SF
Building Size
671,841 SF
Asset Type
MultiFamily
Closing
Dec 3, 2020
About this deal
AI
The multifamily property located at 2111 W. 17th St. in Santa Ana was recently sold for a total of $63,750,000. The transaction took place on December 4, 2020. This property consists of 240 units, resulting in a per unit price of $265,625.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $63,750,000
- Date: 12/04/2020
- Address: 2111 W. 17th St.
- Market: Santa Ana
- Units: 240
- Price Per Unit (PPU): $265,625
The buyer of this property was Advanced Real Estate Services. The brokerage for this transaction was handled by Matthew Kipp and Tyler Leeson, both from Marcus & Millichap.
On the Map
$63,750,000
$94/SF
MultiFamily
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Players
Santa Ana MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.25%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93