Santa Ana Luxury Apartments Sold For $36.6M To Single Buyer

215 East 15th Street & 510 Mortimer Street

MultiFamily

Sold 116 days ago

Summary

Sale

CALIFORNIA

MultiFamily

Summary of transaction details

Property Type: MultiFamily
Transaction Amount: $36,600,000
Units: 132
Price per Unit: $277,273

Players

All
2

Agents
1
Agencies
1

Tyler Leeson

Senior Managing Director

$283.2M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Tyler Leeson DATE: 01/12/2024 ADDRESS: 215 East 15th Street & 510 Mortimer Street MARKET: Santa Ana ASSET TYPE: MultiFamily BROKER: Tyler Leeson - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $36,600,000 UNITS: 132 ~ PPU: $277,273 NOTE: Santa Ana's Park Tower Luxury Apartments (74 units) and Park City View Luxury Apartments (58 units) were collectively sold for $36.6 million to a single buyer in transactions managed by Marcus & Millichap. Both properties, less than a mile apart, closed on the same day, emphasizing the submarket's positive rental conditions and economic growth.

View on map

Address215 East 15th Street & 510 Mortimer Street

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want