Prime Santa Ana Investment Opportunity! Discover an exceptional Four Unit Residential property situated in a highly desirable, walkable neighborhood just steps from local schools and markets. This well maintained building features a versatile unit mix consisting of 3 spacious 2 bedroom 2 bathroom units and an expansive 3 bedroom 2 bathroom unit. Additional income is generated by a convenient on site laundry room adding continues value for investors. This is an excellent long term potential in a thriving community.
Located in a highly desirable neighborhood of Santa Ana, near the Tustin and Orange borders, 2236 E. Franzen Avenue presents investors with the opportunity to acquire a well-maintained, fully occupied multifamily asset featuring an attractive mix of one-, two-, and three-bedroom apartment homes. Averaging more than 1,050 square feet per unit, the spacious floor plans appeal to a broad tenant base and offer a significant advantage over many competing properties in the area. The property provides a variety of sought-after resident amenities, including an on-site laundry facility, private patios and balconies, wall air conditioning, and a fireplace in the three-bedroom unit. Parking is well accommodated with four single-car garages, two open parking spaces, and ample street parking for residents and guests. The property is also individually metered for electricity and gas, helping to minimize owner-paid utility expenses. Ownership has completed several capital improvements, including the re-plumbing of one unit in 2022, reconstruction of the balconies, and installation of new fencing surrounding most of the private patios, reducing near-term capital expenditure requirements. From an investment perspective, 2236 E. Franzen Avenue offers compelling upside potential. Current rental rates are approximately 22% below market, providing a clear value-add opportunity through the implementation of market rents as units turn over. Combined with its desirable location, generous unit sizes, and strong in-place occupancy, the property represents an attractive long-term investment in one of Orange County's most established rental markets.
Multifamily 6 unit apartment complex in Santa Ana. 2 units are 2 bedrooms and 1 bathroom, 4 units are 1 bedroom and 1 bathroom. Each unit has a private patio/deck. Gated parking in back of the building, with electronic access. Each 1 bedroom unit gets one space and the 2 bedrooms get 2 spots. Laundry room has 2 washers and 2 dryers. Great location close to freeways and downtown Santa Ana dining and entertainment district.
Spacious Santa Ana duplex offering a versatile investment or owner-occupant opportunity at 1618 Freeman Avenue. The property features two generously sized units: a remodeled two-bedroom, one-bath residence and a one-bedroom, one-bath residence with original character. Each unit enjoys its own private enclosed backyard - ideal for outdoor relaxation, gardening, and entertaining - as well as a detached one-car garage, interior laundry areas, and central HVAC systems. The large 8,032sf lot offers lush greenery and mature trees. Conveniently located near shopping, local dining, and Santa Ana College, this property offers easy access to everyday amenities and commuter routes.
2 Units up, 2 units Down. New roof about 7-8 years. All new windows changed . Each unis have 2 places parking: 1 in garage, 1 in open place..
FOUR 2-BEDROOM UNITS OFFERED AT $1,099,000. Fully occupied Santa Ana fourplex featuring four matching 2-bedroom, 1-bath units offered at approximately $274,750 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility that generates additional income. Current rents total $4,860 per month, with all units occupied under month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.
**Excellent 6-Unit Investment Opportunity – Priced Right to Sell!** Well-maintained apartment building featuring **6 spacious units**, all with **2 bedrooms and 1 bathroom**. Located in a **high-demand rental area** with **100% occupancy** and **current gross rental income of approximately $13,050 per month**. Recent improvements include **3 fully remodeled bathrooms, 2 remodeled kitchens, and new water heaters**. Quality long-term tenants, strong cash flow, and an excellent location close to shopping, dining, schools, and major freeways. **Priced right to sell—don't miss this outstanding investment opportunity!**
Brand new roofing on all structures! 6 Units in the heart of Santa Ana. Located walking distance from multiple schools, parks, OC Civic Center and Historic Downtown Santa Ana! The Pine Apartments offer an investor STRONG in place cashflow, low maintenance renovated property condition, and low expense operations. All new tenants are on RUBS program, generating extra cashflow. The building contains one and two bedroom floor plans, including cottage style units with no shared walls. Other amenities include: washer/dryer hookups, AC and Heating, Garage and Reserved parking, large private patios, dual pane windows, brand new kitchens and bathrooms, vinyl flooring, and private front and rear entries. The buildings also has a massive basement that is currently unused and unrented!
We are pleased to present the opportunity to acquire a multifamily asset located at 1735 W. Washington Avenue in Santa Ana. The property consists of four (4) units situated on an expansive ±13,068 SF lot, featuring a unique unit mix of (2) detached two-bedroom, one-bathroom single-family homes and (1) duplex comprised of (2) one-bedroom, one-bathroom units. The property is occupied by long-term tenants, providing consistent rental income with significant upside through strategic asset management, renovation of the existing improvements, and the repositioning of rents over time. Investors also have the opportunity to further enhance cash flow through the implementation of a RUBS (Ratio Utility Billing System) program to offset water and trash expenses, while benefiting from future annual rental increases in accordance with the City of Santa Ana's rent control guidelines. The oversized lot presents a rare opportunity to further maximize the property's value through the potential development of ADU’s, creating a compelling long-term value-add investment opportunity (Buyer to verify development potential and feasibility with the City of Santa Ana). Ideally located in one of Santa Ana's established residential neighborhoods, the property benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana, major employment centers, public transportation, and a wide variety of shopping, dining, entertainment, and lifestyle amenities. Residents also enjoy convenient access to the 5, 22, 55, and 57 Freeways, providing excellent regional connectivity throughout Orange County. This offering presents investors with the rare opportunity to acquire a well-located multifamily asset featuring meaningful rental upside, multiple value-add strategies, and long-term development potential in one of Orange County's most sought-after rental markets.
Exceptional value-add opportunity! This duplex offers two homes on one lot, making it an ideal investment for those looking to renovate, increase value, and maximize rental income. Whether you choose to live in one home while updating and leasing the other, create a multi-generational living arrangement, or add to your investment portfolio, the possibilities are endless. The front residence at 726 Euclid offers approximately 1,139 square feet with 2 bedrooms, 2 bathrooms, and a spacious family room that could easily serve as a third bedroom, home office, or additional living area. The rear residence at 728 Euclid features approximately 1,200 square feet with 3 bedrooms, 2 bathrooms, plus a dedicated office that can function as a fourth bedroom. Both homes offer spacious floor plans, separate 2-car garages, and an excellent layout ready for your personal vision and improvements. With the right updates, this property presents tremendous upside for increased rental income and long-term appreciation. Conveniently located just minutes from the vibrant Little Saigon district, residents will enjoy easy access to renowned dining, shopping, entertainment, and major freeways. Properties with two detached homes on one lot are a rare find, and this one offers an outstanding opportunity for investors, owner-occupants, or buyers seeking flexible living options with significant upside. Bring your imagination and transform this property into a standout income-producing asset.
Unbeatable Cash-Flow Fourplex in Santa Ana’s Historic Wilshire Square! This turnkey asset is built for maximum passive income, generating a strong $9,450 per month ($113,400 annually) with a high cap rate that outperforms comparable local multifamily investments. Operating expenses stay extremely low thanks to separately metered electric, gas, and water utilities. The fully occupied property features a high demand unit mix consisting of a remodeled downstairs 2-bedroom/1-bath unit leasing for $2,800 per month, an upgraded upstairs 2-bedroom/1-bath unit leased at $2,650 per month, and two 1-bedroom/1-bath units (featuring updated kitchens) leased at $2,000 per month each. An on site shared laundry room provides added tenant convenience and extra income potential. Huge potential would be converting the garages into 2 ADU's since the garages are free standing to increase the income and building value!!! Positioned just minutes from Downtown Santa Ana, Main Street dining, Bowers Museum, and Santa Ana College, with rapid access to the 5, 55, and 22 freeways, this high performing cash cow ensures rock solid, perpetual tenant demand. Rare opportunities like this don't stay on the market long act fast! Drive by only, please do not disturb tenants.
Diamond in the rough, needs some tlc. Don't miss your opportunity to own an investment property in Northwest Santa Ana. Unlock incredible value and potential in one of Santa Ana’s most conveniently located neighborhoods! Sitting on a large 8,000+ square-foot lot, this classic 1950 property offers approximately 1,382 square feet of interior living space. A nice investment, minutes away from local parks, dining, shopping, and major commuter routes including the 22 and 5 freeways.
Great Bread and Butter Duplex. Each unit is approximately 930 Sq ft. , per Public Records. Buyer to verify. The lot is nearly 10,000 sq. ft., per public records. Buyer to verify. 2 one car garages at rear of property. Alley access to garages. Pedestrian access from garage to units. One major point on this with this large of a lot is that the potential for an ADU certainly exists. Each unit is 2 bedrooms, 1 bath. Property is in clean basic rent ready condition, or live in one and rent the other. 2 electric meters, 2 gas meters, 1 water meter. Original windows were replaced. Close to urban and downtown amenities. Center of Santa Ana in the heart of Orange County. 5 minute drive to 4th St. Renaissance . Artists Village, Main Place Mall, Santa Ana College. Property is delivered vacant in order that the new owner can rent at market rent, which is believed to be $2750 a unit. Buyer to conduct their own rent survey. Pro Forma $66,000 a year or owner occupy
Presenting the Bishop Apartments, a well-maintained multifamily investment opportunity in the heart of Santa Ana. The property features a unit mix of one- and two-bedroom units including one non conforming unit (1BD / 1BA), generating stable cash flow via strong tenant demand. Recent capital improvements, including seismic retrofitting, combined with on-site laundry, private patio space, and ample parking position the property for continued strong performance and future upside. The Bishop Apartments offers investors a compelling opportunity to acquire a quality asset with stable in-place income and long-term appreciation potential in one of Orange County's strongest rental markets.
We are pleased to present 1617 S. Cedar Street, a four-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of three two-bedroom/one-bath homes, including three single-story units and one large one bedroom unit over garage — offering tenants the feel of individual home living rarely found in multi-family housing. Each unit includes its own private garage, in-unit laundry hookups, and all units are separately metered for gas and electric — resulting in zero utility expense for the owner. Three of the four units feature large fenced private patios. Additional street and alley parking provides tenants convenience beyond their individual garages. The alley has recently been repaved in concrete, reducing future maintenance costs. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.
An Exceptional Value+Add Opportunity on Nearly Half an Acre! Rare opportunity to acquire one of the largest Residential Income parcels currently available in this price range in central Orange County. This approximately 18,000 sq. ft. (0.41-acre) Residential Income property features two detached single-story homes on one expansive lot in a prime central Santa Ana location near Fairview, South Coast Metro, shopping, dining, Santa Ana College, major freeways, and employment centers. This unique property offers tremendous flexibility for investors, developers, contractors, or owner-users. The homes feature updated kitchens and remodeled bathrooms, individual gas and electric meters, private yard areas, and ample on-site parking. The oversized lot presents outstanding long-term potential for renovation, expansion, redevelopment, or future improvements. Whether you're seeking a value-add investment, multi-generational living, or a property with significant land value and future upside, opportunities like this are increasingly difficult to find. Conveniently located near the 22, 57, and 5 Freeways with excellent access to South Coast Plaza, Downtown Santa Ana, and Orange County's major employment corridors. Properties with this combination of lot size, location, and future upside rarely become available. Don't miss this exceptional investment opportunity, which is sure to please!
We are pleased to present 1621 S. Cedar Street, a four-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of three two-bedroom/one-bath homes, including three single-story units and one large one bedroom unit over garage — offering tenants the feel of individual home living rarely found in multi-family housing. Each unit includes its own private garage, in-unit laundry hookups, and all units are separately metered for gas and electric — resulting in zero utility expense for the owner. Three of the four units feature large fenced private patios. Additional street and alley parking provides tenants convenience beyond their individual garages. The alley has recently been repaved in concrete, reducing future maintenance costs. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.
We are pleased to present 1613 S. Cedar Street, a three-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of one single-story two-bedroom/one-bath home and two townhouse-style two-bedroom/one-and-a-half-bath units — offering tenants a distinctive living experience rarely found in multi-family housing. Each unit includes its own private garage, with one unit featuring direct interior garage access, and all units offer large fenced private patios and in-unit washer and dryer hookups. All units are separately metered for gas and electric — resulting in zero utility expense for the owner. Additional street and alley parking provides tenants convenience beyond their individual garages. Two of the three units have received nearly complete interior renovations including new drywall, flooring, granite countertops, new cabinetry, updated kitchen and bathroom fixtures, gas range, and forced air heating and cooling. The exterior has also been upgraded with new windows throughout, enhancing curb appeal and energy efficiency. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.
We are pleased to present 1609 S. Cedar Street, a three-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of one single-story two-bedroom/one-bath home and two townhouse-style two-bedroom/one-and-a-half-bath units — offering tenants a distinctive living experience rarely found in multi-family housing. Each unit includes its own private garage, with one unit featuring direct interior garage access, and all units offer large fenced private patios and in-unit washer and dryer hookups. All units are separately metered for gas and electric — resulting in zero utility expense for the owner. Additional street and alley parking provides tenants convenience beyond their individual garages. Two of the three units have received nearly complete interior renovations including new drywall, flooring, granite countertops, new cabinetry, updated kitchen and bathroom fixtures, gas range, and forced air heating and cooling. The exterior has also been upgraded with new windows throughout, enhancing curb appeal and energy efficiency. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.
Excellent investment opportunity to own a well-located triplex in the heart of Santa Ana. Situated on an approximately 8,581 square foot lot, this property features three one-bedroom, one-bathroom units totaling approximately 1,801 square feet of living space. Two units are approximately 602 square feet each, while the third unit is approximately 597 square feet. One of the units enjoys exclusive use of a detached two-car garage and a private backyard, providing added appeal for tenants or a future owner-occupant. The property also offers additional on-site parking and individual electric meters. All tenants are currently on month-to-month rental agreements, subject to applicable California and local tenant protection laws, providing future ownership flexibility for an investor seeking to maximize the property's long-term potential or an owner looking to occupy one unit while generating rental income from the others. The spacious lot and functional layout offer excellent long-term investment potential. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major freeways, this property provides easy access to employment centers throughout Orange County. Whether you are expanding your investment portfolio, completing a 1031 exchange, or purchasing your first income property, this triplex presents an outstanding opportunity in a strong rental market. Buyers are encouraged to verify all information, including square footage, permits, zoning, and intended use, to their own satisfaction.
Exceptional turnkey fourplex ideally located just minutes from South Coast Plaza, offering a rare opportunity to own a pride-of-ownership investment property with strong cash flow potential. A brand-new roof has recently been installed, and all four spacious two-bedroom, townhome-style units have been extensively renovated with luxury vinyl plank flooring, upgraded electrical sub-panels, modern cabinetry and countertops, reglazed tubs, remodeled bathrooms, dual-pane vinyl windows, fresh interior paint, and updated lighting and electrical fixtures, while select units also feature brand-new heating systems. Each unit includes a private patio and its own garage, providing amenities that attract and retain quality tenants. A RUBS (Ratio Utility Billing System) has been implemented to help reduce operating expenses and increase net operating income. Conveniently located near South Coast Plaza, world-class shopping, dining, entertainment, and major freeways, this low-maintenance asset presents an outstanding investment opportunity.
Exceptional opportunity to own a well-maintained duplex in the heart of Santa Ana. Located at 4617-4619 W. 3rd Street, this income-producing property offers two separate residences, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking steady rental income with significant upside potential. Each unit features its own private entrance, functional floor plan and dedicated living spaces designed for comfort. The property and surrounding neighborhood offer ample parking for added convenience and tenant appeal. In addition a large side yard / backyard area makes it ideal for young families or backyard grillers. Conveniently situated near shopping, dining, schools, parks and major freeways, this centrally located property provides easy access to all that Orange County has to offer. Whether you are looking to expand your investment portfolio or purchase a property with long-term income potential, this is an opportunity you wont want to miss.
Exceptional duplex opportunity in the heart of Santa Ana, perfect for homeowners, investors, or those looking for multi generational living. Offering a total of 5 bedrooms, 3 bathrooms, and 1,884 square feet of living space, this versatile property provides flexibility and outstanding income potential. The front unit features 3 spacious bedrooms and 2 bathrooms with a comfortable layout designed for everyday living. The back unit offers 2 bedrooms and 1 bathroom, making it an excellent option for extended family, guests, or rental income. Live in one unit while renting the other to help offset your mortgage, or lease both units as an investment property. Each unit offers comfortable living spaces with plenty of natural light and functional floor plans that maximize space and privacy. The property presents an excellent opportunity for buyers seeking immediate rental potential while building long term equity. Conveniently located near shopping, restaurants, schools, parks, and major freeways, this property combines everyday convenience with exceptional investment value. Whether you are looking to expand your real estate portfolio or purchase a home with built in rental income, this duplex offers endless possibilities. Don't miss this rare opportunity to own a versatile income producing property in a desirable Santa Ana location.
Charming, character-rich, and full of upside — this 100-year-old duplex in Santa Ana’s coveted Museum District, adjacent to Floral Park, is a rare find for the savvy investor. Zoned for Commercial & Residential, the possibilities are endless! Live in one and work in the other. The property features a spacious 2-bedroom, 1-bath unit and a cozy 1-bedroom, 1-bath unit, both brimming with the vintage detail and craftsmanship you’d expect from a home of this era. Best of all, the property sits on Santa Ana’s Historic Registry, opening the door to potential Mills Act designation — meaning significant, ongoing property tax savings for the right buyer. But the real surprise is out back: a huge, private backyard oasis offering serious future potential, whether that’s an additional ADU or even a second duplex (buyer to verify with the city). It’s quiet, secluded, and full of possibilities. Location seals the deal — you’re walking distance to the Bowers Museum, Discovery Cube, and MainPlace Mall, which is undergoing an exciting transformation into a mixed-use indoor/outdoor entertainment and lifestyle destination. Also close by and walkable is the reinvisioned Park Santiago with playgrounds, walking trails, and Lawn Bowling for the outdoor enthusiasts. Character. Cash flow. Tax advantages. Room to grow. This one checks every box — don’t miss it!
TWO DETACHED RIVERVIEW WEST HOMES ON A 16,010 Sq Ft R1 CORNER LOT. Discover a unique opportunity with this exceptional offering in Riverview West where each home has its own street address, separate utilities and frontage. 4301 W. Lilac Ave. features 3 bedrooms plus an office/flex room, 1 bathroom, and spans 1,008 sq ft. It has been recently remodeled with an updated kitchen, Shaker cabinetry, new countertops, fresh paint, hard-surface flooring, new central heating and A/C, a new roof, new windows, and new turf landscaping. It also includes a 2-car garage with laundry hookups. This property is positioned on the larger approximately 10,000 sq ft portion of the lot. 1223 S. Gates St. includes 2 bedrooms and 1 bathroom, covering 948 sq ft. It has a 1-car garage, washer/dryer hookups, and a large, fenced yard of about 6,000 sq ft. Both homes have been county-confirmed, permitted, and are reflected on title. Currently, both homes are tenant-occupied and generating income—the 3-bedroom home is leased through October 2026, while the 2-bedroom home is on a month-to-month lease. This setup is ideal for investors, owner-occupants, or multigenerational living situations. Massive Lot Potential for Split. A licensed surveyor has confirmed that this over 16,000 sq ft corner lot can be divided into two independent parcels. A buyer who occupies one of the homes may pursue a potential SB 9 urban lot split to officially divide the property, with the possibility of adding an Accessory Dwelling Unit (ADU) and potentially a Junior Accessory Dwelling Unit (JADU) on each side. Buyers should independently verify SB 9 eligibility, ADU/JADU allowances, and all development potential with the City of Santa Ana. Situated in a prime location this property is just minutes away from Mile Square Regional Park, which offers 640 acres of trails, ball fields, golf courses, and playgrounds. It also provides quick access to the 22 and 405 freeways. Notable locations like South Coast Plaza are only 3 miles away, with Disneyland and Knott's Berry Farm less than 7 miles away, and Old Towne Orange located 3 miles to the east. The homes are served by the Garden Grove Unified School District, which includes Fitz Intermediate Language Academy (B+ rating, 7/10 on GreatSchools), a distinguished feature for a Santa Ana address. Please note that the property is sold as-is and we kindly ask that you do not disturb the occupants.
Santa Ana is located in California. 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.
