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Real estate news: 83-year-old Santa Ana apartment building sells for $3.1 million

CBRE said the $345,000 price per unit "set an all-time high watermark for a multifamily sale in Santa Ana."

This nine-unit apartment building dating to 1941 at 425 E. Wellington Ave. in Santa Ana sold Nov. 1 for $3,105,000 or $345,000 per unit. (Photo courtesy of CBRE)
This nine-unit apartment building dating to 1941 at 425 E. Wellington Ave. in Santa Ana sold Nov. 1 for $3,105,000 or $345,000 per unit. (Photo courtesy of CBRE)
Samantha Gowen ADDITIONAL INFORMATION: 9/22/09 - blogger.mugs - Photo by Leonard Ortiz, The Orange County Register - New mug shots of Orange County Register bloggers.
By | sgowen@scng.com | Orange County Register
UPDATED:

CBRE said the $345,000 price per unit "set an all-time high watermark for a multifamily sale in Santa Ana."

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