RECORD BREAKING SALE OF SANTA ANA PROPERTY
Santa Ana, California– Investment Property Group is proud to announce a record breaking sale of a 6-unit property in Santa Ana. Located at 425 S. Birch Street, the 6 units sold at an astounding price of $306 per square foot for one bedroom units according to Justin White, Managing Partner of IPG.
The century-old craftsman style property was renovated in 2013. The seller, a local family chose IPG over the company that represented them on their original purchase. The out of area buyer was sourced through IPG’s collaborative marketing platform.
"Santa Ana is one of the hottest markets in Southern California. Investors are starting to realize all the efforts to revitalize downtown are working and are attracting quality tenants who pay higher rents,” states IPG’s Santa Ana Specialist Agent, Daniel Chavez.
Investment Property Group is the leading seller of 40-100 unit apartment properties in Orange County and south Los Angeles County since 2013. IPG has offices in Irvine, Phoenix and Torrance.