
Santa Ana, California 92706
Analysis of 1519 N Ross, Santa Ana, California 92706 is currently available with a list price of $1,699,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property qualifies as excellent due to extensive recent renovations and the addition of a brand-new ADU built in 2023. According to the listing and images, all units have been fully updated with new flooring, remodeled kitchens and bathrooms, new double-paned windows, and a new roof. Furthermore, major systems including plumbing and electrical have been updated, and the ADU features owned solar panels, indicating virtually no deferred maintenance.
The property is in turnkey condition featuring updated plumbing, electrical systems, a new roof, and double-paned windows, significantly reducing immediate capital expenditure for investors.
Each of the five units is equipped with private laundry facilities and the 2023 ADU includes owned solar panels, providing high rental appeal and energy efficiency.
The combination of a renovated 4-plex and a brand-new ADU creates a robust 5-unit multifamily asset with strong cash flow potential in a well-established neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 8881.
The 'drive-by only' and 'do not disturb occupants' requirement limits a buyer's ability to perform a thorough interior inspection prior to submitting an offer.
While some nearby schools are rated well, others in the immediate vicinity have ratings as low as 2/10, which may impact long-term demand from tenant families.
Exceptional 5-unit multifamily opportunity in Santa Ana 92706! This property features a 4-plex plus a new ADU built in 2023, offering a total of five units, all fully updated throughout. Renovations include new flooring, remodeled kitchens and bathrooms, along with updated plumbing and electrical systems. A new roof and new double-paned windows add long-term durability and paid/owned solar installed on ADU for energy efficiency. Each unit is equipped with its own private laundry, a highly desirable feature for tenants and investors alike. Located in a well-established neighborhood close to shopping, dining, schools, and major commuter routes, this property offers strong rental appeal and long-term investment potential. Do not disturb occupants. Drive-by only. Buyer to verify all information including permits, unit count, square footage, and property details to their satisfaction.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,342 | 1,585.5 | 75% |
| Lot Size | 8,712 | 7,548 | 50% |
| Price | $1.70M | $1.27M | 50% |
| Price per sq ft | $508 | $525 | 50% |
| Built year | 1945 | 1957 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 104 | 204 | 25% |
Apr 2, 2026
$1,699,000
$1,750,000
-3% Price Drop
Initial Listing
Mar 24, 2026
$1,750,000
$1,798,000
-3% Price Drop
Initial Listing
Jan 8, 2026
$1,798,000
Initial Listing