
Santa Ana, California 92703
This High-Potential Investment Opportunity is a fully leased Triplex listed at $1,325,000, which aligns with its $1,325,000 Fair Market Value. Featuring a Mint Condition Rating due to recent comprehensive renovations, including Granite Kitchens and modern flooring, this asset requires no immediate capital expenditure. The property offers immediate, stable cash flow in a high-demand Santa Ana location. While local school ratings are modest, the turnkey status and strong rental occupancy make this a premier acquisition for Buy-and-Hold Investors or Passive Income Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 825 S Shelton Street Subject | $1,325,000* List Price | 4 | 4 | 1,695 | $782 | - |
A 1512 W 5th Active | $1,269,000 List Price | 0 | 0 | 1,600 | $793 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1957, the property has undergone a comprehensive recent renovation (likely <5 years) featuring remodeled kitchens with granite countertops and stainless steel appliances, upgraded bathrooms with contemporary tile, new wood-style flooring, recessed lighting, and fresh paint, placing it in mint, move-in ready condition.
The property features extensive modern updates including granite countertops, stainless steel appliances, and wood-style flooring, minimizing immediate capital expenditure for new owners.
Being fully leased and well-maintained, this multi-unit asset provides stable, long-term tenancy and immediate rental income from the date of acquisition.
Situated in a central Santa Ana location near major freeways and employment hubs, the property benefits from a consistently strong rental market and low vacancy rates.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 5257. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local schools are rated low (2-4 out of 10), which may deter families seeking higher-quality educational districts and potentially impact long-term appreciation.
With four units situated on a modest 4,356 square foot lot, the high density results in limited outdoor space and potentially constrained parking for tenants.
Excellent opportunity to acquire a well-maintained, fully leased 4-unit residential income property in a central, high-demand Santa Ana location. All units are fully occupied, providing immediate cash flow and stable, long-term tenancy. Each unit has been tastefully updated and offers desirable features such as fresh interior paint, recessed lighting, modern wood-style flooring, and remodeled kitchens with granite countertops, white cabinetry, and stainless-steel appliances. The units enjoy bright, open layouts with upgraded bathrooms showcasing contemporary tile finishes and fixtures. The property includes on-site community laundry facilities, adding convenience for residents. Driveway parking is available for tenants. Located near major freeways, shopping, dining, schools, and employment centers, this multifamily asset benefits from strong rental demand and consistent occupancy.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 2.1 |
| Square foot | 1,695 | 1,895.889 |
| Lot Size | 4,356 | 28,507.667 |
| Price | $1.32M | $911.2K |
| Price per sq ft | $782 | $477 |
| Built year | 1957 | 1956 |
| HOA | $0 | $438 |
| Days on market | 92 | 83 |
Aug 25, 2026
$1,325,000
$1,349,000
-2% Price Drop
Initial Listing
Jun 9, 2026
$1,349,000
Initial Listing
Mar 21, 2025
$915,000
Public Record
Jun 28, 2022
$805,000
Public Record
Jul 30, 2013
$415,000
Public Record
Aug 2, 1999
$172,500
Public Record