2609 S Rosewood, Santa Ana, California 92707, Santa Ana, 92707 - 6 bed, 3 bath
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2609 S Rosewood
Santa Ana, California 92707
ACTIVE UNDER CONTRACT
CONDITION: POOR
6Beds
3Baths
2,625Sq Ft
6,098Lot Size
Property Price
LIST PRICE$900,000
EST. MARKET VALUE
$984,512
8% BelowMARKET VALUE
SUMMARY
This triplex presents a Strong Value Opportunity with a List Price of $900,000—positioned well below the $984,513 Fair Market Value by 8%. This valuation gap offers $84,513 in Instant Equity for buyers. With a Condition Rating of 5, the property requires substantial renovations, providing a clear path to force appreciation through strategic updates. Located near South Coast Plaza, this Residential Income Asset is ideal for Buy-and-Hold Investors or Contractors seeking to maximize rental yields in a high-demand market.
Estimated Market Value
$984,512+$84,512 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Ana.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1958 (66 years old) with no record of recent renovations. The listing explicitly states the property needs 'substantial updating and renovations' and offers 'value-add potential,' indicating that kitchens, bathrooms, and major systems likely require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Family Income Potential
As a triplex in a high-demand rental market, this property offers multiple revenue streams, making it an ideal asset for investors looking to build a residential income portfolio.
- Strategic Location
The property is ideally situated near South Coast Plaza, diverse dining, and major freeways, ensuring long-term tenant desirability and low vacancy rates.
- Significant Value-Add Opportunity
With a clear need for renovation, this listing provides a prime opportunity for investors to force appreciation and maximize rental yields through strategic repositioning.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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 = 6277.
- Extensive Renovation Required
The property requires substantial updating and repairs, which will necessitate a significant upfront capital investment and a comprehensive construction timeline.
- Aging Infrastructure
Built in 1958, the property may have outdated electrical, plumbing, or structural systems that could lead to unforeseen costs during the remodeling process.
About 2609 S Rosewood
Excellent investment opportunity in a desirable Santa Ana location near South Coast Plaza. This three-unit property offers significant value-add potential for buyers looking to renovate and reposition an existing multifamily investment. The property is in need of substantial updating and renovations, providing an opportunity to make improvements and enhance its long-term potential. Conveniently located near shopping, dining, entertainment, and major freeways.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1958
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 3.0 | 2.1 |
| Square foot | 2,625 | 2,241.667 |
| Lot Size | 6,098 | 23,123.25 |
| Price | $900.0K | $972.9K |
| Price per sq ft | $343 | $457 |
| Built year | 1958 | 1957 |
| HOA | $0 | $438 |
| Days on market | 13 | 79 |
Pricing History
Listed for Sale
Oct 12, 2026
$900,000
Initial Listing