
Santa Ana, California 92707
This Quadruplex Residential Income Asset represents a Strong Value Opportunity, listed at $1,389,900, which aligns with its $1,389,900 Fair Market Value. Featuring a Condition Rating of 3, the property offers modern upgrades including four new mini-split AC units and refreshed interiors. Its location near the South Coast Metro provides high rental demand, while the rare seven-space parking ratio ensures long-term tenant retention. This stable, income-producing property is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a move-in ready, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2516 S Rosewood Subject | $1,389,900* List Price | 0 | 0 | 3,500 | $397 | - |
A 2606 S Rosewood Sold | $1,350,000 | 0 | 0 | 3,500 | $386 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1958, the property has undergone significant recent renovations. The bathrooms feature modern marble-style tiling and updated vanities consistent with a <10-year-old refresh. Major systems have been addressed with the installation of four new mini-split AC units, and the exterior shows well-maintained stucco and updated vinyl windows, making it move-in ready.
Situated near the highly desirable South Coast Metro area of Santa Ana, this property offers strong rental demand due to its proximity to major employment, shopping, and dining hubs.
The inclusion of four new mini-split AC systems provides energy-efficient climate control for all units, significantly increasing tenant comfort and reducing immediate capital expenditure for the buyer.
With four single-car garages plus three additional parking spots, the property provides a total of seven spaces, a rare and valuable asset in a high-density rental market like Santa Ana.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6030.
Built in 1958, the property may require more frequent maintenance or future upgrades to core systems such as plumbing and electrical compared to newer residential income assets.
With 80 days on the market and multiple price fluctuations, the property may face buyer hesitation or perceived overvaluation relative to current market trends.
Nice 4plex near South Coast Metro area od Santa Ana. The property is in a very nice shape, so many upgrades including 4 new mini split ACs. 4 single car garages and 3 parking spots.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.1 |
| Square foot | 3,500 | 1,895.889 |
| Lot Size | 6,098 | 28,507.667 |
| Price | $1.39M | $911.2K |
| Price per sq ft | $397 | $477 |
| Built year | 1958 | 1956 |
| HOA | $0 | $438 |
| Days on market | 86 | 83 |
Jul 31, 2026
$1,389,900
$1,399,900
-1% Price Drop
Initial Listing
Jul 10, 2026
$1,399,900
$1,379,900
+1% Price Increase
Initial Listing
Jun 15, 2026
$1,379,900
Initial Listing
May 5, 2023
$1,265,000
Public Record
Mar 16, 2018
$1,120,000
Public Record