$2,900,000
-$75,0001227 W Brook, Santa Ana CA 92703
Multi-Family (11 Units)
Property type
126 days
On market
$327
Price per sqft
4 cars
Garage
1963
Year built
13,504 sqft
Lot size
Open Houses
Overview
1227 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 11 two-bedroom one bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place...
Listing provided by: Mike Marcu DRE #00919594 949-688-1224, Mike Marcu, Broker
Listing updated: May 26, 2026 at 04:58pm.
Last checked: Jun 14, 2026 at 08:30am
Source: CRMLS #OC26030916
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 11 | 2 | 1 | — | $23,248 | $23,248 | $24,750 | Partially |
# of Buildings: 1
# of Units Total: 11
Separate Electric Meters: 12
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
10.4x
List Price / Annual Gross Rent
Cap Rate
6.39%
NOI / List Price
Gross Scheduled Income: $278,976
Vacancy Allowance: $5,580
Vacancy Allowance Rate: 2%
Operating Expense: $88,072
Net Operating Income: $185,324
Annual Operating Expenses
Electric: $2,000
Fuel: $1,500
Insurance: $5,500
Maintenance: $6,875
New Taxes: $34,952
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 Six To Forty Units Acre
Pool: None
Water Source: Public
Sewer: Sewer Tap Paid
Garage and Parking
Parking: Assigned
Garage Spaces: 4
Uncovered Spaces: 10
Parking Total: 14
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 01018250
Additional Parcels: No
Tax Lot: 50
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Urban