$2,975,000

1221 W Brook, Santa Ana, CA 92703

  • 8,950 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $332/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 floorplans and solid in-place operations. At the asking price, the property is offered at a 10.59 Gross Rent Multiplier and a 6.35% capitalization rate, providing an attractive basis with embedded upside through rental growth. Additional offerings within the Brook Street portfolio include 1235–1239 West Brook Street (12 units), 1207-1213 West Brook Street (18 units), and 1227 West Brook Street (11 units). These four properties are structured to close concurrently; however, they may be purchased individually or in any combination, offering investors flexibility in structuring acquisition size and capital deployment. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways, supporting long-term rental demand and investment stability.

Listing Status:
Active
Date Added:
February 10, 2026
Data Last Updated:
April 2, 2026 at 7:07AM
Listing Office:
Mike Marcu, Broker : 909-371-1322
Listing Agent:
Mike Marcu : 949-688-1224
MLS ID:
CROC26030800
  • Laundry: Common Area
  • Parking: Assigned
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Orange
  • Zoning: 01018249
  • Utilities: Other Water/Sewer
  • Water: Other
  • Sewer: Other
  • Source: CRMLS

This listing courtesy of Mike Marcu , Mike Marcu, Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

D

Dr. Martin Luther King Jr. Elementary School

1001 Graham Ln, Santa Ana, CA, 92703

Grades KG-5

0.13 miles away

P

Pio Pico Dual Language Academy

931 Highland St, Santa Ana, CA, 92703

Grades KG-8

0.33 miles away

L

Lorin Griset Academy

1915 W McFadden Ave, Santa Ana, CA, 92704

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby