$2,900,000
-$75,0001221 W Brook, Santa Ana CA 92703
Multi-Family (11 Units)
Property type
126 days
On market
$324
Price per sqft
5 cars
Garage
1962
Year built
13,504 sqft
Lot size
Open Houses
Overview
1221 West Brook Street is an 11-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 10 two-bedroom one bath and 1 two-bedroom two bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional...
Listing provided by: Mike Marcu DRE #00919594 949-688-1224, Mike Marcu, Broker
Listing updated: May 26, 2026 at 04:52pm.
Last checked: Jun 14, 2026 at 08:30am
Source: CRMLS #OC26030800
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 10 | 2 | 1 | — | $20,844 | $20,844 | $22,500 | Unfurnished |
| 1 | 2 | 2 | — | $2,570 | $2,570 | $2,750 | Unfurnished |
# of Buildings: 1
# of Units Total: 11
Separate Electric Meters: 12
Separate Gas Meters: 12
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
10.3x
List Price / Annual Gross Rent
Cap Rate
6.46%
NOI / List Price
Gross Scheduled Income: $280,968
Vacancy Allowance: $5,619
Vacancy Allowance Rate: 2%
Operating Expense: $88,075
Net Operating Income: $187,274
Annual Operating Expenses
Electric: $2,000
Fuel: $1,500
Insurance: $5,500
Maintenance: $6,875
New Taxes: $34,955
Professional Management: $14,905
Trash: $3,848
Water / Sewer: $9,900
Other Expense: $8,592
Interior
Laundry: Common Area
Entry Location: 1 & 2
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Thirty One To Thirty Five Units Acre
Pool: None
Water Source: Public
Sewer: Sewer Tap Paid
Garage and Parking
Parking: Assigned
Garage Spaces: 5
Uncovered Spaces: 9
Parking Total: 14
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 01018249
Additional Parcels: No
Tax Lot: 49
Subdivision: other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Urban