1617 Cedar St Santa Ana, CA 92707
Southeast Industrial District NeighborhoodEstimated payment $8,049/month
Highlights
- No HOA
- Laundry Facilities
- 3-minute walk to Madison Park
About This Home
We are pleased to present 1617 S. Cedar Street, a four-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of three two-bedroom/one-bath homes, including three single-story units and one large one bedroom unit over garage — offering tenants the feel of individual home living rarely found in multi-family housing.
Each unit includes its own private garage, in-unit laundry hookups, and all units are separately metered for gas and electric — resulting in zero utility expense for the owner. Three of the four units feature large fenced private patios. Additional street and alley parking provides tenants convenience beyond their individual garages. The alley has recently been repaved in concrete, reducing future maintenance costs.
The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away.
Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.
Listing Agent
Hoyt Real Estate, Inc. Brokerage Phone: 949-283-1696 License #01426139 Listed on: 07/23/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 6,970 Sq Ft Lot
- No Common Walls
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,279 Sq Ft Home
- 2-Story Property
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Additional Features
- Urban Location
- Sewer Paid
Listing and Financial Details
- Tax Lot 43
- Tax Tract Number 3594
- Assessor Parcel Number 01424228
- $1,109 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Professional Management Expense $3,000
- Trash Expense $3,000
- Water Sewer Expense $3,000
- New Taxes Expense $14,000
- Operating Expense $26,000
- Gross Income $93,084
- Net Operating Income $67,084
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,221 | $1,171,292 | $1,063,781 | $107,511 |
| 2024 | $13,851 | $1,148,326 | $1,042,923 | $105,403 |
| 2023 | $13,509 | $1,125,810 | $1,022,473 | $103,337 |
| 2022 | $13,367 | $1,103,736 | $1,002,425 | $101,311 |
| 2021 | $13,056 | $1,082,095 | $982,770 | $99,325 |
| 2020 | $13,082 | $1,071,000 | $972,693 | $98,307 |
| 2019 | $12,827 | $1,050,000 | $953,620 | $96,380 |
| 2018 | $2,164 | $108,261 | $34,395 | $73,866 |
| 2017 | $2,142 | $106,139 | $33,721 | $72,418 |
| 2016 | $2,106 | $104,058 | $33,059 | $70,999 |
| 2015 | $2,077 | $102,495 | $32,562 | $69,933 |
| 2014 | -- | $100,488 | $31,924 | $68,564 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | For Sale | $1,250,000 | +19.0% | $381 / Sq Ft | |
| 11/30/2018 11/30/18 | Sold | $1,050,000 | 0.0% | $320 / Sq Ft | View Prior Sale |
| 09/19/2018 09/19/18 | Pending | -- | -- | -- | |
| 09/18/2018 09/18/18 | Price Changed | $1,050,000 | -4.5% | $320 / Sq Ft | |
| 08/20/2018 08/20/18 | Price Changed | $1,100,000 | -4.3% | $335 / Sq Ft | |
| 07/06/2018 07/06/18 | For Sale | $1,150,000 | 0.0% | $351 / Sq Ft | |
| 06/15/2018 06/15/18 | Pending | -- | -- | -- | |
| 05/04/2018 05/04/18 | For Sale | $1,150,000 | -- | $351 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Old Republic Title | |
| Grant Deed | $1,050,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $735,000 | Adjustable Rate Mortgage/ARM |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26160740
APN: 014-242-28
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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