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$ 1,180,000
Est. payment /mo
New
1516 W 5th Santa Ana, CA 92703
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP26218335
HOA Y/N No
Year Built 1951
Lot Size 6,098 Sqft
Property Sub-Type Quadruplex
Property Description
Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring, and newly installed AC and heating units for year-round comfort. Externally, the property boasts major aesthetic curb appeal alongside a freshly paved parking lot that provides eight dedicated spots—rendering it exceptionally overparked for a fourplex. Perfect for owner-occupied financing, one unit can be delivered vacant at closing, while the remaining units are leased to qualified residents commanding strong market rents. Situated just minutes from Downtown Santa Ana, Santa Ana College, the Civic Center, and major freeway corridors, this property offers unbeatable access to key local points of interest. Please contact agent to inquire about purchasing the ADJACENT fourplex.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Suburban
Total Parking Spaces 6
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 40505407
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Randall Mycorn R L M Equities 949-573-5309, DRE #02078223
NEARBY SCHOOL & BUSINESS
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