This is an amazing investment opportunity. This unit provides flexibility for an owner that may want to live in one unit and rent out the other unit, or simply rent both units for a steady stream of income. This Duplex sits on a corner lot with each unit having its own driveway and garage space. The corner lot provides extra parking for tenants and guests. Both units are currently occupied so you could purchase and already have income immediately from the tenants. This duplex is conveniently located to shopping centers and restaurants. The tenants pay their own utilities with the exception of the water and trash. They are both occupied by long term tenants who have provided steady income for the buyer. Do not miss out on this great investment opportunity. Buyer to verify square footage. The square footage provided is an estimate.
520 East Walnut Street is a 16-unit multifamily investment property located in Santa Ana, CA. Built in 1983, 520 East Walnut Street offers exclusively two-bedroom townhomes with private patios. The property features highly desirable amenities including in-unit laundry hookups, central A/C and heating, controlled pedestrian access, and a gated subterranean parking garage. Currently, there are 12 renovated or partially renovated units that feature high-quality upgrades including appliances, shaker-style cabinets, quartz countertops, plumbing fixtures, recessed lighting, and more. These improvements have allowed ownership to charge a significant rental premium over non-renovated units, with an average rent of $2,795 for the renovated units. Furthermore, current ownership has identified under-utilized community space that could further increase rental income and diversify the overall unit mix through the conversion of a storage room into an accessory dwelling unit (ADU). 520 East Walnut Street benefits from its excellent central Santa Ana location just south of Downtown Santa Ana and its bustling 4th Street, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is within walking distance of Downtown Plaza, gr
615 Civic Center East Drive, a prime 6-unit multifamily investment property located in the desirable French Park Historical Neighborhood of Santa Ana, CA. Built in 1978, this property features large six two-bedroom and two bath floorplans, complete with amenities such as garages, onsite laundry facility, patio or balconies, and fireplace (select units). The property has had recent capital improvements including upgraded windows, upgraded roof, upgraded facia boards, and is SB-721 compliant. Currently the property offering a 13.76 GIM and a 4.82% CAP rate, providing investors a great cashflow in a highly desirable location. Additionally, the property offers the opportunity to convert the garages into an Additional Dwelling Unit (ADU), further increasing the rental income potential. The buyer must verify this possibility with the City of Santa Ana to ensure compliance with local zoning and building regulations. Its prime location is just 0.4 miles from Santa Ana Metrolink Station, and 0.6 miles from the lively 4th Street Market and Downtown Santa Ana, providing tenants with easy access to local businesses, dining, and nightlife. Additionally, the property is within 1.90 miles of Santa Ana College, appealing to students and faculty. With proximity to the 5 Interstate, residents can
2046 S. Main Street offers a prospective investor the rare opportunity to acquire a mixed-use urban investment in the heart of Santa Ana's South Main District. The property has a strong unit mix with three (3) four-bedroom units and one (1) two bedroom unit upstairs, along with three retail spaces downstairs and ample parking, including a private parking area for tenants in the rear of the building.
Built in 1964, this property features five one-bedroom apartments, complete with amenities such as garages and open parking, as well as an on-site laundry facility. This property presents a value-add opportunity with significant rental upside, making it an attractive investment for savvy buyers. Additionally, the property offers the opportunity to convert the garages into an Additional Dwelling Unit (ADU), further increasing the rental income potential. The buyer must verify this possibility with the City of Santa Ana to ensure compliance with local zoning and building regulations. Its prime location is just 1.10 miles from Downtown Santa Ana and the lively 4th Street Market, providing tenants with easy access to local businesses, dining, and nightlife. Additionally, the property is within 1.80 miles of Santa Ana College, appealing to students and faculty. With close proximity to the 5 Interstate, residents can conveniently connect to major employment hubs across Orange and Los Angeles Counties.
Investment opportunity in the North of Santa Ana! Two dwellings on a single lot. The front house, provides an ideal living space for families or those who appreciate room to spread out. The rear house, a cozy retreat with 1 bedroom and 1 bath as a potential income generated unit. Convenience is key with alley access to the property, ensuring easy entry and exit. Located in close proximity to downtown Santa Ana, you'll enjoy the benefits of urban living, with a wealth of dinning, entertainment and cultural options just moments away.
The Washington Avenue Apartments is a 30-unit apartment community located in the very desirable French Court neighborhood of Santa Ana, one of the strongest rental markets in Southern California. The City of Santa Ana is a historic city with a vibrant downtown located in Orange County. Built in 1964, the subject property offers a very attractive unit mix comprised of one-, two-, and three-bedroom units totaling 26,707 square feet situated on just over one acre of land. Approximately 75% of the unit mix consists of two- and three-bedroom units. Some amenities include gated entry with a large courtyard, ample on-site parking including carports, BBQ area, patios/balconies, and an on-site laundry facility. Some recent renovations and upgrades of interiors and exterior include granite countertops, vinyl/plank flooring, new tubs and showers, new appliances, new windows and sliders, new railings, a substantial deck replacement/resurfacing, new A/C units, some new bathrooms and kitchens, and the bulk of the individual water heaters have been replaced. This offering represents an opportunity for an investor to achieve a 5.88% CAP Rate and 6.14% Cash-on-Cash return, on current income, for a well-located and stable/turnkey investment property in the desirable rental market of Santa Ana, California. Additionally, The Washington Avenue Apartments are well suited to provide investors with strong returns and value appreciation over the long-term investment horizon.
These extensively remodeled homes are in the heart of Downtown Santa Ana. 519 E 5th St (MLS# PW16103278) and 520 E. 6th St. (MLS# PW16103280). Both homes have updated copper plumbing, sewer, electrical and central HVAC! As you enter, you notice the original baseboards and wood detail throughout the entire home. Bedrooms and living room have original refinished hardwood floors. The Kitchens both are equipped with luxury wood like vinyl plank flooring and custom white shaker cabinetry with quartz countertops. Bathrooms offer updated vanities, shower surround, vinyl flooring and subway tile back splash. Laundry rooms are both inside of each property. 1 Car garage located at 519 E 5th and a 2-car garage at 520 E 6th st. **Potential redevelopment opportunity with street-to-street coverage. Rectangular shaped lots with a combine coverage of approximately 12,500 square feet. Transit zoning code, per the city of Santa Ana the “UN2 zoning” of these properties is “intended to accommodate a variety of housing types with some opportunities for live-work, neighborhood-serving retail, and dining establishments. Appropriate building types include single dwellings, duplexes, triplexes, and quadplexes, courtyard housing, rowhouses, and live work. Interested parties must refer to city documentation and verify any details regarding the opportunities and restrictions within the city’s zoning code as it applies to this project.**
We are pleased to present the Chestnut Avenue Property in Santa Ana, CA. Constructed in 1985, this property features copper plumbing and offers an over 1.5:1 parking ratio with 34 covered parking spaces. The property consists of 14 one-bed units and 8 two-bed, two-bath units. Over half of the units have balconies, and the amenities include two on-site laundry facilities, an elevator, individual water heaters, and individual gas and electric meters. The property boasts a 5.1% cap rate on current income, with the potential to achieve nearly 8% on market rents. With the potential for a 35% increase in rental income, investors can expect strong in-place cash flow while strategically implementing a plan to maximize their investment returns.
Discover a prime opportunity boasting three zoned offices upfront, each 500 sq. ft. with its own bathroom. The upcoming trolley car will pass right by, enhancing accessibility and appeal. The property also features a charming 1,500 sq. ft. house with 2 bedrooms, 1 bathroom, kitchen, and laundry room. Additionally, three studios, each 500 sq. ft. with a full kitchen, bathroom, and dedicated parking, provide further rental opportunities. This versatile property combines residential and commercial potential in a highly sought-after location.
GREAT INVESTMENT OPPORTUNITY. Welcome to a well maintained 4 plex located at 606 E Walnut St, in the heart of Santa Ana. This 2 levels investment building boast an excellent unit mix comprised of 1 unit 3bed, 2.5 baths down stair with its own 2 cars garage, and other three units with 2bed, 2 bath and 1 car garage for each. Garages are located in the rear with alley access. Community laundry room and separate electricity and gas meter for each unit, made it more convenience for potential investor. Walk in distance to many stores on First Street and Downtown Plaza plus in high demand rent area and very low vacancy, this fantastic investment opportunity won’t last long.
Discover this well-kept multifamily residence, offering a blend of charm and practicality. Featuring a total of 8 bedrooms and 4 bathrooms across 3 separate units, this property provides ample space for various living arrangements. With 4 dedicated parking spaces, convenience is at your doorstep. Situated near public schools, it's an ideal location for families seeking quality educational options for their children. Enjoy a variety of restaurants within walking distance, making dining out a breeze for residents and guests alike. Nearby stores cover everyday essentials, adding to the property's convenience. Additionally, the property includes a reliable long-term tenant who consistently pays rent on time, enhancing the stability and attractiveness of your investment. Whether you're interested in a solid investment opportunity or a spacious home with rental income potential, this property is a perfect fit. Seize the opportunity to make it your next investment!
This turnkey duplex has seasoned tenants who have been there for a long time. The front unit is 1 bed 1 bath, and the rear unit is 2 beds 2 baths. All 3 bathrooms were renovated last year. The rear tenant is a licensed general contractor so he can take care of any maintenance items quick and easy. For the seller, ownership has been virtually hassle free. The detached 2 car garage has electrical, water, and sewer lines - good for ADU conversion. Lots of upside in proforma rent as well as possible ADU play for seasoned investors. 4 parking spots on site, minutes to shopping, freeways, and schools, including Santa Ana College, Main Place Mall, The Block at Orange, and CHOC Hospital. Recent appraisal supports asking price.
4 Houses On A Huge 0.354 Acre Lot. Drive By Only, Do Not Get Out And Do Not Disturb Tenants. Only 10 Times Gross With Current Super Low Rents. 4 Houses with Total 10 bedrooms, 5 Bathroom and 5 car garage. This property has 2 different addresses: 3317 and 3319 Cam W Camille St Santa ana Ca 92704. Lot 60 Ft X 236 Ft.
Great cashflow! Market CAP Rate is 8.24%. Current CAP is 6%. 20 high demand rental units located in the heart of Orange County. Separate APN numbers so buyer does not need on-site manager. Amenities include a spacious and quiet central courtyard, security doors, on-site laundry, and ample surface parking. Minnie Street is located just south of Santa Ana’s Downtown and is within the Pacific Park neighborhood. The property is within 1 mile of the bustling retail corridor of Downtown Santa Ana which provides residents with convenient access to a plethora of retail, dining, and entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School. Convenient excess to I-5 freeway. Separate electric meters paid by tenants. The landlord pays for water, trash, gas, and sewer. 8-2 bedrooms and 12-1 bedroom. The rent is below market bringing upside opportunity to increase rents by new buyer. Current actual income is $403,404 with 6% CAP. Market rent is $508,800.
Welcome to 2313 Franzen Avenue, a meticulously maintained Covington style 4-plex located in the heart of Northeast Santa Ana. This exceptional property, bordering North Tustin and Orange, is a prime investment opportunity nestled within the highly sought-after Orange Unified School District boundaries. With easy access to the 55 and 22 freeways, as well as plenty of shopping and rapid transit nearby, convenience is just an added bonus to this property. The charming residential architecture at 2313 Franzen Avenue has been brought to life with modern maintenance and care. The strategic unit mix has been in high demand since its inception, and this property is no exception. The Franzen Avenue 4-plex boasts an attractive mix of units: one spacious 3-bedroom, 1.75-bath unit, two comfortable 2-bedroom, 1-bath units, and one cozy 1-bedroom, 1-bath unit. Each unit is thoughtfully designed with balconies for the upstairs units and patios for the downstairs units, providing residents with outdoor spaces to relax and enjoy. Financially, 2313 Franzen Avenue is a standout. With a current annual income of $94,880, new owners will find that there ample opportunity to reach market levels. This turnkey apartment building offers stable and impressive returns right from the start. The location, cha
This charming property, located at the corner of S Broadway and Richland in the heart of Santa Ana, has been completely rebuilt within the last 2 years!! The main house is a 3-bedroom, 2.5-bathroom. It featuring central air and heating. The kitchen includes a laundry area and brand-new stainless steel appliances: a refrigerator, stove, and microwave. The living room boasts a fireplace/chimney. Additionally, a stackable washer and dryer in white are included. The second unit, attached to the main house, is a cozy remodeled 1-bedroom, 1-bathroom space with its own entrance. It also features stainless steel appliances, including a refrigerator and microwave, as well as a laundry area with a stackable washer and dryer. The third unit is a 2-bedroom, 1-bathroom residence. Each unit is equipped with its own electrical and gas meters
VALUE ADD OPPORTUNITY! CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!! We are pleased to offer for sale this well-located gated property in the highly desirable Prime Historic French Park area. This property is also close to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This gated community is located minutes to Downtown Santa Ana, the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community is individually metered for both Gas & Electric (tenant pays for this) and is 100% occupied with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.
VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!! CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! We are pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This property is located just minutes away from the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1978 construction community is individually metered for both Gas & Electric (tenant pays for this) and is 100% occupied with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.
"Prime Location! Rare Opportunity: Two Homes on One Lot!" Welcome to this incredible property located in a prime location with a huge corner lot in the city of Santa Ana! This unique offering features not just one, but two homes on a single lot. Making it a perfect opportunity for investors or new homeowners looking for rental income potential. The main home boasts a beautiful kitchen with granite top counters, three bedrooms, two bathrooms, and an attached 1 car garage. The front home also has a paved driveway that has ample parking spaces and low maintenance yard work. It offers a comfortable and spacious living space, ideal for those looking to make it their primary residence. The second home, situated on the same lot, offers a newly remodeled bathroom with a rain shower, granite kitchen counters, newly installed vinyl flooring, high ceilings for the living area, and two bedrooms with mirror closet doors. This additional dwelling provides the flexibility to generate rental income or accommodate extended family members. Both homes have been well maintained and offer a range of possibilities for customization and personalization. The large corner lot provides ample outdoor space for relaxation, gardening, or entertaining. With its prime location, this property is conveniently lo
Seller very motivated. $130,000 price reduction. & 4.45 % ASSUMABLE LOAN*** read Agt remarks. Market cap 4.88 % Proforma cap close to 6..Building offers 7 units in the city of Santa Ana in Orange county. Santa Ana offers strong rental market in the orange county. Most units have undergone upgrades in last few years. Upgrades such as Kitchen with granite counters, cabinets, bathrooms have newer tubs, vanities, shower walls & tile floors. Property also has newer windows, newer roof, laundry room and 7 parking spaces. Tenant pays gas & electric. Fully occupied. very low maintenance. One of the highest Cap rate in the market. Santa ana Down town Santa Ana offers Vibrant mix of restaurants, shops, art galleries and entertainment Venues. Other places to explore in the city are Discovery Cube (for science enthusiast), Zoo for children ,Bowers museum a renowned cultural & art institution containing art work from around the world.
INVESTORS & DEVELOPERS OPPORTUNITY!!! Three detached single family homes in one huge lot. 3425 & 3419 are located on the corner of Jackson and Camille. Both units are identical model matches with 3 bedrooms, 1 baths. Both units have attached 1 car garages. 3425 W. Camille faces Jackson St. with a detached 2 car garage. Current rental income is $10,050 a month which is close to 5% Cap rate. Property has room for additional ADU or Jr. ADU, please check with city. Don’t let this opportunity get away when rental market are at its highest.
Great investment - legal duplex in Santa Ana is ready for a new owner. Either for owner occupied - live in one and rent out the other to help out with mortgage...or to invest...You cannot go wrong with this property. Conveniently located in the central of Santa Ana - schools, shops, restaurant, freeway. It is a Must See!
One unit has 3 bedrooms 1 bath. Two units have 2 bedrooms 1.5 baths. Close to South Coast Metro Area, Shopping centers and schools. Long term tenants and rents are way below market value.
The median home value in Santa Ana, CA is $680,000. This is lower than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Santa Ana, CA is $680,000. Approximately 44.24% of Santa Ana homes are owned, compared to 52.53% rented, while 3.23% are vacant. Santa Ana real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Ana real estate agent to arrange a tour today!
Santa Ana, California has a population of 313,818. Santa Ana is more family-centric than the surrounding county with 37.94% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Santa Ana, California is $77,283. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Santa Ana is 33 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 46.8 degrees. The average rainfall is approximately 13 inches per year, with 0 inches of snow per year.