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1920 Sherry Ln
Santa Ana, CA 92705

Sherry Lane Garden Homes · Residential Property For Sale · 62 Units

Investment Highlights

  • Untapped Upside: Only 28 of the 62 units (45%) have been renovated affording the Buyer recaptures over 22% Loss-to-Lease
  • Best of Santa Ana: 2022 "The Best of Santa Ana" Award Winning Community
  • Location: Highly sought-after & centralized Orange County community.
  • Highly Desirable Floor Plans: 2-bed/2-bath Single Story Floor Plans in a Low Density setting
  • Access to Tustin Schools: Residents have access to the reputable Tustin School District.

PROPERTY FACTS

No. Units 62
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 6.30 AC
Building Size 65,119 SF
Average Occupancy 97%
Number of Floors 1
Year Built/Renovated 1964/2019
Parking Ratio 2.03/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Dining Room
  • Window Coverings

Site Amenities

  • Property Manager on Site
  • Cabana
  • Package Service
  • Maintenance on site
  • Sundeck

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+2 62 £2,495 1,080

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
396-031-15
Land Assessment
£17,851,469
Improvements Assessment
£4,057,152
Total Assessment
£21,908,621

zoning

Zoning Code R4 (The underlying zoning is R3 Class I (22 units per Acre))
R4 (The underlying zoning is R3 Class I (22 units per Acre))
  • Listing ID: 25414368

  • Date on Market: 06/04/2022

  • Last Updated:

  • Address: 1920 Sherry Ln, Santa Ana, CA 92705

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