Property History
Property Type
Property Type
Property Subtype
Asking Details
Asking Cap Rate
Marketing Description
Morgan Skenderian, Inc., is pleased to present 2201-2205 Kilson Drive, a fully renovated six-unit investment opportunity located in the exceptionally strong rental market of Santa Ana. Desirably comprised of side-by-side triplexes, the Kilson Drive Apartments has an attractive unit mix of all 2-bedroom units with a majority of the units being single story. Current ownership amplifies the meaning of pride of ownership by infusing nearly $220,000 (2016) of capital to create luxury interiors that have been treated to complete remodels and a stunningly attractive exterior full of upgrades listed below. A current master lease occupies the property eliminating the need for any management and the current tenant covers the cost of utilities and nearly all of the maintenance expenses. This creates a passive investment opportunity with below-average operating expenses and increased profit margins. The Kilson Drive Apartments is a rare investment opportunity to purchase a turnkey asset with little to no management or capital needed, making this a stand-out to any investor.
Investment Highlights
- Side-by-Side Triplexes with Individual Parcels
- All 2-Bedroom Units with majority Single-Story Layout
- Approximately $220,000 Infused in Recent Interior & Exterior Upgrades
- New Kitchens w/Quartz Countertops & Stainless Steel Appliances, New Bathrooms & New Flooring
- New Roof, New Windows, New Landscaping & Crisp New Exterior Paint
- Master Lease Offers management Free Asset & Elevated Returns
- Attractive Finaicning Available with Only 25% Down Payment
Loan History
Financial History
****** Data
Net Operating Income
Reporting Date
Tax History
Contact Information
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error
Ownership Information
Property Details
There are no additional details for this property
Contacts
Map
Comparable Properties
Rental Market Overview
Santa Ana, CA median rent ******** *** ****** **** *** ******** ***
National median ********
Compare median rents across marketsStudio ********
1 bed ********
2 bed ********
Studio ********
1 bed ********
2 bed ********
Studio ********
1 bed ********
2 bed ********
Santa Ana, CA (this market)
Tustin, CA
Costa Mesa, CA

Does any data look off? Help us improve Crexi by offering your feedback!














