2606 S Rosewood Avenue, Santa Ana, California 92707, Santa Ana, 92707 - bed, bath
ACTIVE$1,399,000
2606 S Rosewood Avenue, Santa Ana, California 92707
0Bed
0Bath
3,500Sqft
6,098Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Quadruplex: The property is a well-maintained 4-plex, offering immediate income potential and a strong investment opportunity in a desirable rental market.
Top Cons:
Absence of Cooling System: The property description only mentions 'wall heating' and does not indicate the presence of air conditioning, which could be a significant drawback for tenants in Santa Ana's climate.
Compared to the nearby listings
Price:$1.40M vs avg $1.13M (+$269,000)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: Despite being built in 1958, the property has undergone significant recent renovations. Two of the four units have been extensively renovated, including modern kitchens with white shaker cabinets, contemporary backsplashes, and updated fixtures, as well as modern bathrooms with floating vanities and vessel sinks, as evidenced by the images. All bathrooms across all units have been renovated. While two units only received partial rehabs and there's an absence of a cooling system, the overall 'well maintained' condition and the quality of the visible renovations make the property move-in ready for at least half the units and generally well-kept throughout.
Year Built
1958
Close
-
List price
$1.4M
Original List price
$1.45M
Price/Sqft
$400
HOA
-
Days on market
-
Sold On
-
MLS number
PW25015602
Home ConditionGood
Features
View-
About this home
2606 South Rosewood Avenue is a well maintained 4-plex located less than 1 mile from South Coast Plaza. The two story structure is 3,500 square feet and sits atop a 6,098 square foot lot. All apartments feature two bedrooms with one bathroom with spacious living areas. Two apartments have been extensively renovated (kitchens, bathrooms, flooring, fixtures, etc) while the remaining two have had partial rehabs. All bathrooms have been renovated with new paint, flooring, baseboards and tile shower surrounds. Additionally, all units feature wall heating, gas cooking, dishwashers, and individual hot water heaters. The subject property is within walking distance from Coastal Communities Hospital, Carl Thornton Park, and the Segerstrom Center for the Arts. 2606 S. Rosewood will be a coveted rental neighborhood for years to come as residents are able to walk to shopping, education, hospitals, and employment opportunities.
Condition Rating
Good
Despite being built in 1958, the property has undergone significant recent renovations. Two of the four units have been extensively renovated, including modern kitchens with white shaker cabinets, contemporary backsplashes, and updated fixtures, as well as modern bathrooms with floating vanities and vessel sinks, as evidenced by the images. All bathrooms across all units have been renovated. While two units only received partial rehabs and there's an absence of a cooling system, the overall 'well maintained' condition and the quality of the visible renovations make the property move-in ready for at least half the units and generally well-kept throughout.
Pros & Cons
Pros
Income-Generating Quadruplex: The property is a well-maintained 4-plex, offering immediate income potential and a strong investment opportunity in a desirable rental market.
Prime Walkable Location: Strategically located less than 1 mile from South Coast Plaza and within walking distance to Coastal Communities Hospital, Carl Thornton Park, and Segerstrom Center for the Arts, ensuring high tenant demand and convenience.
Recent Unit Renovations: Two apartments have been extensively renovated, and all bathrooms across all units have been updated with new paint, flooring, baseboards, and tile shower surrounds, reducing immediate capital expenditure for a new owner.
Individual Unit Amenities: Each unit features wall heating, gas cooking, dishwashers, and individual hot water heaters, enhancing tenant appeal and providing operational efficiency.
Well-Maintained Condition: The property is explicitly described as a 'well maintained 4-plex,' suggesting good overall physical condition and care.
Cons
Absence of Cooling System: The property description only mentions 'wall heating' and does not indicate the presence of air conditioning, which could be a significant drawback for tenants in Santa Ana's climate.
Inconsistent Unit Upgrades: While two units are extensively renovated, the remaining two have only had 'partial rehabs,' suggesting potential for further investment to standardize or fully upgrade all units to the same modern level.
Building Age: Built in 1958, the property's age may imply older infrastructure (e.g., plumbing, electrical systems) that, if not fully updated, could lead to higher maintenance costs or require future capital improvements.