SANTA ANA, CA, March 1, 2020 – The Leeson Group is excited to announce the sale of Ten Sixty Apartments, a 25-unit apartment property located in Santa Ana, CA. Located at 1060 West 17th Street, Santa Ana, CA this multifamily investment property consisting of one- and two-bedroom units, sold as is for $4,950,000.
Ten Sixty Apartments is within walking distance to Bristol Marketplace and one mile from Downtown Santa Ana providing residents with convenient access to a variety of grocers, shops, restaurants, and entertainment options. The property is also one mile from Interstate 5 offering easy commutes to employment centers in nearby cities. The property is adjacent to Floral Park, one of Orange County’s most established neighborhoods with over 600 vintage homes built from the 1920s through the 1950s.
Anthony Brown, Matthew J. Kipp and Tyler Leeson, of Marcus & Millichap’s Newport Beach Office, represented both the buyer and the seller in this transaction generated multiple offers and ultimately secured an offer with just a 10-day due diligence period with excellent new financing.