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825 S Shelton Street, Santa Ana, California 92703, Santa Ana, 92703 - bed, bath

825 S Shelton Street, Santa Ana, California 92703 home-pic-0
ACTIVE$1,299,000
825 S Shelton Street, Santa Ana, California 92703
0Bed
0Bath
1,695Sqft
4,356Lot
Year Built
1957
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$766
HOA
-
Days on market
-
Sold On
-
MLS number
PW25269250
Home ConditionExcellent
Features
View-

About this home

We found 5 Cons,5 Pros. Rank: price - $1.30M(82th), sqft - 1695(64th), beds - undefined(50th), baths - undefined(50th).

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.

Nearby schools

4/10
Pio Pico Elementary School
Public,•K-5•0.2mi
3/10
Lowell Elementary School
Public,•K-5•0.3mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•0.6mi
2/10
Willard Intermediate School
Public,•5-8•1.5mi
3/10
Santa Ana High School
Public,•9-12•0.6mi

Price History

Date
Event
Price
12/02/25
Listing
$1,299,000
03/21/25
Sold
$915,000
06/28/22
Sold
$805,000
07/30/13
Sold
$415,000
08/02/99
Sold
$172,500
Condition Rating
Excellent
Despite being built in 1957, the property has undergone extensive and recent interior renovations, bringing its condition to an excellent standard. The kitchens feature modern white cabinetry, granite/quartz countertops, and stainless-steel appliances. Bathrooms are upgraded with contemporary tile finishes and fixtures. Throughout the units, there is modern wood-style flooring, fresh paint, and recessed lighting, indicating a thorough and high-quality renovation within the last few years. While the underlying infrastructure is older, the visible and functional components of the living spaces, especially the kitchens and bathrooms, are virtually new and meet current quality standards.
Pros & Cons

Pros

Immediate Cash Flow & Stable Tenancy: The property is fully leased with all four units occupied, providing immediate cash flow and stable, long-term tenancy for an investor.
Prime Central Location: Located in a high-demand Santa Ana area, offering excellent proximity to major freeways, shopping, dining, schools, and employment centers, ensuring strong rental demand.
Modernized Unit Interiors: Each unit has been tastefully updated with fresh interior paint, recessed lighting, modern wood-style flooring, remodeled kitchens with granite countertops and stainless-steel appliances, and upgraded bathrooms.
Convenient On-Site Amenities: The property includes on-site community laundry facilities and dedicated driveway parking, adding significant convenience and appeal for residents.
Strong Investment Performance: The property has shown significant historical price appreciation, indicating robust market demand and potential for continued value growth as an income-generating asset.

Cons

MLS Listing Discrepancy: 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.
Recently Sold Property: The property was recently sold within the past year on 2025-03-21. The sold price is $915,000.00.
Potentially Small Unit Sizes: With a total square footage of 1695 sqft for four units, individual unit sizes may be relatively small, which could limit the tenant pool or rental premium compared to larger units.
Aging Infrastructure: Built in 1957, the property's underlying infrastructure (e.g., plumbing, electrical, roof) may be older, potentially leading to higher maintenance costs or future capital expenditures despite interior cosmetic updates.
Unit Count Discrepancy: The property description states it is a '4-unit' residential income property, while the 'sub_type' is listed as 'Triplex,' which requires clarification during due diligence.

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