1512 W 5th, Santa Ana, California 92703, Santa Ana, 92703 - 0 bed, 0 bath
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1512 W 5th
Santa Ana, California 92703
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,600Sq Ft
6,223Lot Size
Property Price
LIST PRICE$1,269,000
EST. MARKET VALUE
$1,263,521
SUMMARY
This Turnkey Quadruplex represents a Strong Value Opportunity, listed at $1,269,000—positioned well below the $1,263,521 Fair Market Value (Note: Market parity). Featuring Mint Condition Rating with a new roof, HVAC, and modern interiors, this asset minimizes capital expenditure. The property offers an Exceptional Parking Ratio of eight spots, a rare advantage for the area. With one unit deliverable vacant, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants utilizing house-hacking strategies to leverage stabilized market rents in a high-demand location.
Estimated Market Value
$1,263,521
Based on Realkey algorithm analyzing recent comparable sales in Santa Ana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1512 W 5th Subject | $1,269,000* List Price | 0 | 0 | 1,600 | $790 | - |
A 825 S Shelton Street Active | $1,325,000 List Price | 0 | 0 | 1,695 | $782 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1951, the property has undergone a comprehensive recent renovation including brand-new modern kitchens and bathrooms, new flooring, and major system upgrades (new roof, electrical, and HVAC), placing it in mint, turnkey condition.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The property features extensive recent upgrades including a new roof, upgraded electrical, and modern interior finishes, significantly reducing immediate capital expenditure for a new owner.
- Exceptional Parking Ratio
With eight dedicated parking spots for a fourplex, the property is significantly overparked for the area, providing a major competitive advantage in a high-density rental market.
- Owner-Occupant Opportunity
The ability to deliver one unit vacant at closing makes this property eligible for favorable owner-occupied financing while benefiting from stabilized market rents on the remaining units.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-01-02. The sold price is $755,000.00.
- Small Unit Footprints
With only 1,600 total square feet across four units, the average unit size is approximately 400 square feet, which may limit the tenant profile and long-term stay potential.
- Low School Ratings
The assigned local elementary and middle schools have low performance ratings, which could impact the property's appeal to families and affect long-term appreciation rates.
About 1512 W 5th
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1951
- Lot Size
- 6,223 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Ana Unified Schools
Fremont Elementary School
Grades K-5 • 0.5 mi
3/10
Lydia Romero-Cruz Elementary School
Grades K-5 • 0.9 mi
3/10
Riverdale Elementary School
Grades K-6 • 1.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.1 |
| Square foot | 1,600 | 1,895.889 |
| Lot Size | 6,223 | 28,507.667 |
| Price | $1.27M | $911.2K |
| Price per sq ft | $793 | $477 |
| Built year | 1951 | 1956 |
| HOA | $0 | $438 |
| Days on market | 6 | 83 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,269,000
Initial Listing
Sold
Jan 2, 2026
$755,000
Public Record