2516 2516 S Rosewood, Santa Ana, California 92707, Santa Ana, 92707 - bed, bath
ACTIVE$1,399,900
2516 2516 S Rosewood, Santa Ana, California 92707
0Bed
0Bath
3,500Sqft
6,098Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: Explicitly described as an 'excellent investment' and 'bread and butter property to hold long term,' indicating a stable income-generating asset with a desirable quadruplex configuration.
Top Cons:
Age of Building: Built in 1958, the property is over 60 years old, which may imply potential for higher long-term maintenance costs for major structural components, plumbing, and electrical systems not explicitly mentioned as updated.
Compared to the nearby listings
Price:$1.40M vs avg $1.13M (+$269,900)67%
Size:3,500 sqft vs avg 2,625 sqft53%
Price/sqft:$400 vs avg $43040%
More Insights
Built in 1958 (67 years old).
Condition: Built in 1958, this property is aged but appears well-maintained with some notable updates. The kitchen features updated white shaker-style cabinets and clean countertops, but the appliances (electric coil-burner range, countertop microwave) are clearly older and outdated. A significant positive is the installation of new mini-split AC units in each unit. While the description claims 'excellent conditions,' the visible kitchen elements suggest a property that has undergone occasional updates rather than a comprehensive recent renovation. It is functional and move-in ready, but requires minor updates, particularly in the kitchen appliances, to meet modern aesthetic standards.
Year Built
1958
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$400
HOA
-
Days on market
-
Sold On
-
MLS number
PW25232330
Home ConditionFair
Features
View-
About this home
A nice bread and butter property to hold long term. It is an excellent investment. It is a one building structure with 4 identical units, 2 up, 2 down, each unit consists of 2 bedrooms and 1 bath. All units are in excellent conditions. New mini-split AC for each unit. 4 single car garages and 3 extra parking spots (which is hard to find). South Coast Metro area and conveniently located to all central OC amenities.
Condition Rating
Fair
Built in 1958, this property is aged but appears well-maintained with some notable updates. The kitchen features updated white shaker-style cabinets and clean countertops, but the appliances (electric coil-burner range, countertop microwave) are clearly older and outdated. A significant positive is the installation of new mini-split AC units in each unit. While the description claims 'excellent conditions,' the visible kitchen elements suggest a property that has undergone occasional updates rather than a comprehensive recent renovation. It is functional and move-in ready, but requires minor updates, particularly in the kitchen appliances, to meet modern aesthetic standards.
Pros & Cons
Pros
Strong Investment Potential: Explicitly described as an 'excellent investment' and 'bread and butter property to hold long term,' indicating a stable income-generating asset with a desirable quadruplex configuration.
Excellent Unit Condition: All units are stated to be in 'excellent conditions,' suggesting minimal immediate renovation or repair costs for a new owner and attractive living spaces for tenants.
Modern HVAC System: The installation of 'new mini-split AC for each unit' provides modern comfort and energy efficiency, enhancing tenant appeal and property value.
Ample Parking: The property offers '4 single car garages and 3 extra parking spots,' which is a significant and rare advantage for a multi-unit property in an urban area, highly desirable for tenants.
Prime Location: Located in the 'South Coast Metro area' and 'conveniently located to all central OC amenities,' ensuring high rental demand, accessibility, and potential for property appreciation.
Cons
Age of Building: Built in 1958, the property is over 60 years old, which may imply potential for higher long-term maintenance costs for major structural components, plumbing, and electrical systems not explicitly mentioned as updated.
Generic Subdivision Name: The 'subdivision_name: "other"' might indicate a lack of a defined community or specific neighborhood identity, which could be a minor consideration for some investors or tenants seeking established areas.
Limited Renovation Specifics: While units are in 'excellent conditions,' the description lacks specific details on recent renovations beyond the AC units (e.g., updated kitchens, bathrooms, flooring), which could be a point of inquiry for potential buyers seeking fully modernized interiors.