Santa Ana, CA - Golden Terrace Apartments

$5,850,000

819 W Washington Ave, Santa Ana, CA 92706

For Sale

Multifamily

Active

Last Updated: 09/26/2025

Details:

Cap Rate: 5.63%

NOI: $277,300

Building Size: 15,760 sqft

Lot Area: 0.25 acres

Zoning: R3 - Multi-Family Residence

Offered by

Matthew Mousavi

Sr Managing Principal & Co-Head of National Net Lease

SRS Capital Markets

#CA License No. 01732226

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Patrick Luther

Sr Managing Principal & Co-Head of National Net Lease

SRS Capital Markets

#CA License No. 01912215

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Description:

• 100% occupancy providing investors with stable in-place income.
• $1 million in capital improvements to common areas, exterior and roof made in last 5 years. Majority of units have been renovated partially or completely

• Immediate access to major freeways including I-5, SR-22, and SR-55, connecting residents to job centers in Irvine, Anaheim, and Los Angeles
• Less than 15 minutes to John Wayne Airport and major regional employers in South Coast Metro and Irvine Business Complex
• Upcoming OC Streetcar (operational ~2026) will run through Downtown Santa Ana, enhancing transit connectivity and renter appeal