Elizabeth Martins Sells Multifamily Asset At 935 West Bishop Street For $3,825,000 With Rod Shehadeh As Buyer's Representative
935 West Bishop Street
$3,825,000
$390/SF
Building Size
9,784 SF
Asset Type
MultiFamily
Closing
Mar 5, 2026
AI
This multifamily property, located at 935 West Bishop Street in Santa Ana, was purchased for $3,825,000. The asset consists of 12 units, providing a price per unit of $318,750. The total square footage of the property is 9,784, leading to a price per square foot of $390.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,825,000
- Address: 935 West Bishop Street
- Market: Santa Ana
- Units: 12
- Price Per Unit: $318,750
- Square Footage: 9,784
- Price Per Square Foot: $390
- Seller: Elizabeth Martins
- Buyer's Representative: Rod Shehadeh - Casa Real Estate
- Seller's Representative: Rick Applebaum
The transaction was facilitated by Rod Shehadeh representing the buyer and Rick Applebaum representing the seller. Their involvement highlights the professional support in the real estate deal, ensuring a smooth transaction process for both parties.
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
4.15%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93