2516 S Rosewood, Santa Ana, California 92707, Santa Ana, 92707 - 0 bed, 0 bath
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Santa Ana, California 92707
This Value-Add Quadruplex Asset is listed at $1,399,000, situated in a Strategic Santa Ana Location near South Coast Plaza. While the Fair Market Value is $1,230,950, the property offers exceptional Multi-Unit Income Potential and long-term appreciation in an Established Rental Market. Currently maintaining a Condition Rating of 4, the 1958 structure presents opportunities for forced appreciation through system upgrades and cosmetic renovations. With a 6,098 sqft lot and distant mountain views, this is a strategic play for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2516 S Rosewood Subject | $1,379,000* List Price | 0 | 0 | 3,500 | $394 | - |
A 1023 W Central Avenue Sold | $1,275,000 | 0 | 0 | 4,198 | $304 | 0.1 mi |
B 2717 S Baker Sold | $1,745,000 | 0 | 0 | 3,963 | $440 | 0.2 mi |
C 2606 S Rosewood Active | $1,375,000 List Price | 0 | 0 | 3,500 | $393 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this quadruplex shows a mix of conditions across its units. While some kitchens and bathrooms feature recent cosmetic updates like new laminate flooring, white shaker cabinets, and modern tile surrounds (e.g., Image 6 & 8), other units retain older appliances (coil-top stove in Image 5) and more dated bathroom finishes (Image 7). The exterior appears maintained but is visibly dated. Given the property's age, major systems (HVAC, plumbing, electrical) are likely original or have not been extensively updated recently, suggesting potential for significant capital expenditures in the near future. The property is functional and livable, but requires minor updates in some units and likely more substantial investment in core systems to meet modern standards.
As a quadruplex, the property offers four distinct rental units, providing diversified income streams and enhanced cash flow potential for investors, mitigating vacancy risk compared to single-unit properties.
Situated in Santa Ana, a vibrant city within Orange County, the property benefits from strong rental demand, access to urban amenities, and potential for long-term property value appreciation in a desirable Southern California market.
The 6,098 sqft lot provides ample space, which can be advantageous for tenant parking, potential outdoor common areas, or future property enhancements, subject to local zoning regulations.
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 is over six decades old, suggesting a high likelihood of requiring significant capital expenditures for system upgrades (e.g., HVAC, plumbing, electrical), structural repairs, or cosmetic renovations to modernize units and maximize rental income.
The provided details lack specific information on current rental rates, individual unit configurations, or interior conditions, creating uncertainty for investors regarding immediate cash flow, vacancy rates, and necessary renovation budgets.
Exceptional opportunity in Santa Ana. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
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 | 3,500 | 2,887 | 55% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $1.38M | $1.19M | 64% |
| Price per sq ft | $394 | $440 | 27% |
| Built year | 1958 | 1957 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 184 | 18% |
Apr 14, 2026
$1,379,000
$1,399,000
-1% Price Drop
Initial Listing
Jan 5, 2026
$1,399,000
Initial Listing
May 5, 2023
$1,265,000
Public Record
Mar 16, 2018
$1,120,000
Public Record