
Santa Ana, California 92701
This Versatile Residential Income Triplex is listed at $1,699,000, representing a premium asset with High Income Potential. While the $1,311,185 Fair Market Value reflects local averages, this property stands out with a massive 5-bedroom main house and two independent units on a 9,224 sq. ft. lot. Boasting a Fair Condition Rating with a turnkey exterior and updated windows, the site includes rare 4 single-car garages, a private patio, and RV/Boat parking. It is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-capacity house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 603 S Orange Subject | $1,699,000* List Price | 0 | 0 | 3,212 | $408 | - |
A 600 N Grand Avenue Sold | $1,311,250 | 0 | 0 | 3,260 | $402 | 1.0 mi |
B 406 E Walnut Active | $1,250,000 List Price | 0 | 0 | 2,677 | $467 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1953 and, while the listing describes it as 'turnkey' with recent exterior updates such as new windows, fencing, and wood repairs, it does not show evidence of a full interior renovation. The absence of interior photos, specifically for the kitchens and bathrooms, typically indicates that while the units are functional and maintained, they likely feature dated styles and older appliances. This aligns with the 'Fair' category for aged properties that have undergone occasional updates rather than a complete modern overhaul.
This triplex configuration, featuring a large 5-bedroom main house and two independent 1-bedroom units with separate meters, offers exceptional versatility for high rental yield or multi-generational living.
The property includes four single-car garages and a separate driveway with direct access for RV or boat parking, a rare and highly valuable asset in the Santa Ana market.
With updated windows, newer fencing, and extensive exterior wood repairs, the property is in turnkey condition, reducing the need for immediate maintenance or renovation costs.
The local schools assigned to this address have relatively low ratings, ranging from 2 to 4, which may impact long-term appreciation and appeal to family-oriented tenants.
Built in 1953, the property may have aging underlying systems such as plumbing or electrical that could require significant investment beyond the recent cosmetic and exterior upgrades.
Spacious and versatile Santa Ana investment opportunity, perfect for both investors or owner-occupants! The property features a 5-bedroom front house (2,042 sq. ft.) and two separate 1-bedroom rear units (585 sq. ft. each) on a large 9,224 sq. ft. lot (per assessor). Both the main house and rear units have separate meters and convenient alley access. The rear units are fully independent with private side entrances and no shared backyard space, providing privacy for tenants. Recent upgrades include updated windows, newer fencing, and extensive exterior wood repairs, including improved stair access and landings for the rear units. The property offers a large front yard with lush grass, a decorative cement and wrought-iron fence, a corner location with ample parking, and a low-maintenance backyard. Interior features include wood and tile flooring and interior wood stairs. Additional highlights include four single-car garages under the rear units and a separate driveway with direct access—perfect for RV or boat parking. Well-maintained and turnkey, this property provides strong rental income potential with minimal immediate upkeep.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-8 • 0.5 mi
Grades 6-8 • 0.5 mi
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 | 3,212 | 3,200 | 57% |
| Lot Size | 9,224 | 8,442 | 71% |
| Price | $1.70M | $1.08M | 71% |
| Price per sq ft | $529 | $393 | 71% |
| Built year | 1953 | 1939 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 170 | 14% |
Apr 3, 2026
$1,699,000
Initial Listing
Jul 15, 2019
$1,050,000
Public Record
Oct 7, 1996
$162,000
Public Record