NOT LISTED FOR SALE

1925 W Washington Ave Santa Ana, CA 92706

Artesia Pilar Neighborhood
12 Beds
6 Baths
5,339 Sq Ft
0.45 Acres

Last Sold September 21, 2023

Last sale price $1,465,000 $274 Per Sq Ft

4 Days on Market

Highlights

  • 0.45 Acre Lot
  • Laundry Facilities
  • 5-minute walk to El Salvador Park

About This Home

As of September 2023

5-Unit apartment in Santa Ana, CA. Built in 1968, this property is located at 1925-29 W. Washington Ave and consists of (1) 3- bedroom 1- bath house with a 2-car garage, (1) 3-bedroom 2-bath house with a single car garage/separate storage unit, and (3) single story 2-bedroom 1-bath units with each unit having their own single car garage. in addition to tremendous rental upside potential with an interior renovation plan and adding an ADU. The property is situated on a +/- 19,612 SF lot. This provides an investor with the potential of an ADU conversion to the existing garages for more rental income, or a ground up ADU development. There are laundry units on-site for additional income. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. We encourage all interested parties to do their own due diligence with Santa Ana's planning and development division regarding any ADU potential

Last Agent to Sell the Property

Charles Wright

Matthews Real Estate Investment Services License #01985584 Listed on: 08/14/2023

Last Buyer's Agent

Charles Wright

Matthews Real Estate Investment Services License #01985584 Listed on: 08/14/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.45 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • 5,339 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 405-101-29

Community Details

Overview

  • 4 Buildings
  • 5 Units

Additional Features

  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5339
  • Lot Acreage: 0.4500
  • Probate: No
  • Year Built: 1968
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Laundry: Community
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 327.78

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Total Parking: 6

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.11
  • Assessed Improvement Value: 281485
  • Assessed Land Percent: 69.89
  • Assessed Land Value: 653347
  • Total Assessed Value: 934832
  • Assessor Parcel Number: 405-101-29
  • Lot Size Area: 19612

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.66
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 33758
  • Type Of Units: Multifamily
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $1,465,000 -16.3% $274 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $1,750,000 -- $328 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Charles Wright

    Seller's Agent in 2023

    Charles Wright

    Matthews Real Estate Investment Services

    (866) 889-0550

    1 in this area

    21 Total Sales

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Map

Source: The MLS

MLS Number: 23-300825

The MLS

California Orange County Santa Ana 92706 Artesia Pilar

1925 W Washington Ave, Santa Ana, CA

This home is located at 1925 W Washington Ave, Santa Ana, CA 92706 since 14 August 2023. This property was built in 1968. 1925 W Washington Ave is a home located in Orange County with nearby schools including Fremont Elementary School, Romero-Cruz Academy, and Valley High School.

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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