600 N Grand Avenue, Santa Ana, California 92701, Santa Ana, 92701 - bed, bath

600 N Grand Avenue, Santa Ana, California 92701 home-pic-0
ACTIVE UNDER CONTRACT$1,350,000
600 N Grand Avenue, Santa Ana, California 92701
0Bed
0Bath
3,260Sqft
19,602Lot
Year Built
1970
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$414
HOA
-
Days on market
-
Sold On
-
MLS number
PW25230609
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.35M(71th), sqft - 3260(71th), beds - undefined(50th), baths - undefined(50th).

The Grand Avenue 4-plex apartments present an exceptional opportunity for an owner user or investor to acquire an updated, well run four unit apartment building located across the street from the Amazon Distribution Center Development. All four apartments feature 2 bed 1 bath apartments with newer kitchen cabinets, granite countertops and newer bathroom vanities. Over the past 7 years the owner has completed many capital improvements to the building including: new composition shingle roof, new bedroom and living room windows, new exterior paint, new wrought iron rolling gate, and new decking in front of the upstairs apartments. Tenants enjoy private patios (downstairs apartments), balconies (upstairs apartments), gated parking, onsite laundry facility (owned machines), and a large, fenced yard area.

Price History

Date
Event
Price
10/02/25
Listing
$1,350,000
Condition Rating
Fair

Built in 1970, this property has undergone significant recent updates within the last 7 years, including a new roof, windows, exterior paint, newer kitchen cabinets, granite countertops, and updated bathroom vanities. The living areas feature new laminate flooring. However, the kitchen appliances (stove) appear dated, popcorn ceilings are visible, and there's no mention of updates to major systems like HVAC, electrical, or plumbing, which are likely original or older given the building's age. While well-maintained and move-in ready, these factors indicate an aged property with functional but outdated components, aligning with a 'Fair' condition.
Pros & Cons

Pros

Strategic Location: Located directly across from the Amazon Distribution Center Development, offering strong potential for tenant demand from employees and future area growth.
Extensive Capital Improvements: Significant upgrades completed over the past 7 years, including a new roof, windows, exterior paint, wrought iron gate, and decking, reducing immediate capital expenditure for a new owner.
Updated Unit Interiors: All four 2-bed, 1-bath units feature newer kitchen cabinets, granite countertops, and updated bathroom vanities, enhancing tenant appeal and rental readiness.
Tenant-Friendly Amenities: The property offers desirable amenities such as private patios/balconies, gated parking, an onsite laundry facility (owned machines), and a large, fenced yard area, attracting and retaining tenants.
Investment/Owner-User Opportunity: Presents an excellent opportunity for both investors seeking a well-maintained income property and owner-users looking to live in one unit while generating rental income from the others.

Cons

Age of Building: Built in 1970, the property is over 50 years old, which may imply potential for older infrastructure (e.g., plumbing, electrical) not explicitly covered by recent cosmetic and exterior renovations.
Lack of HVAC Mention: The property description does not specify the presence of air conditioning or central heating, which could be a significant comfort concern for tenants in Santa Ana's climate.
Proximity to Commercial Hub: While beneficial for tenant demand, being directly across from a large distribution center could lead to increased traffic, noise, and potentially less desirable views or ambiance for some residents.

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