2701 S Baker St Santa Ana, CA 92707
Sunwood Central Neighborhood
8
Beds
8
Baths
3,963
Sq Ft
6,950
Sq Ft Lot
Highlights
- No Units Above
- Corner Lot
- No HOA
- Property is near a park
- Private Yard
- 3-minute walk to Segerstrom Triangle Park
About This Home
As of April 2025Minutes from South Coast Plaza, this very desirable 4-unit apartment building of all two bedroom one and a half bath townhouse units. Featuring private patios, individual metering for gas and electricity, individual water heaters, four garages, three open parking spaces and a laundry room, an investor can purchase 2701 S Baker in combination with 2709, 2717, 2725, 2729, and 2809 S Baker Street. Directly across the street from Saddleback High School the location is minutes from the 405 Freeway, South Coast Plaza, Segerstrom Center for the Arts and Cal Thornton Park. The South Coast Metro area is one of the most dynamic in Southern California.
With current rents approximately half of market, additional revenue upside exists through implementation of a RUBS program for water/sewer, garage rent, and/or adding at least one ADU unit, which could add as much as $33,000 a year to the income. When a unit turns a renovation can add substantial rental income. Expenses are an average of all 24 units over a 12-month period of time.
This opportunity to acquire up to six 4-unit assets, covering an entire city block, in a low velocity market from long term owners is unique.
Last Agent to Sell the Property
Mike Marcu, Broker Brokerage Phone: 562-260-0940 License #00919594 Listed on: 06/21/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,950 Sq Ft Lot
- No Units Above
- End Unit
- No Units Located Below
- 1 Common Wall
- Corner Lot
- Level Lot
- Private Yard
- Density is 6-10 Units/Acre
Parking
- 3 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,963 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Location
- Property is near a park
- Property is near public transit
Additional Features
- Exterior Lighting
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 13
- Tax Tract Number 3680
- Assessor Parcel Number 41041201
- $1,035 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $608
- Fuel Expense $486
- Gardener Expense $1,400
- Insurance Expense $2,460
- Maintenance Expense $3,575
- Trash Expense $4,219
- Water Sewer Expense $2,241
- New Taxes Expense $17,931
- Operating Expense $32,930
- Gross Income $450
- Net Operating Income $40,550
Similar Home in Santa Ana, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $1,710,000 | -4.7% | $431 / Sq Ft |
| 02/09/2025 02/09/25 | Price Changed | $1,795,000 | -2.2% | $453 / Sq Ft |
| 02/03/2025 02/03/25 | For Sale | $1,835,000 | +51.3% | $463 / Sq Ft |
| 08/30/2024 08/30/24 | Sold | $1,213,000 | -20.5% | $306 / Sq Ft |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- |
| 06/21/2024 06/21/24 | For Sale | $1,525,000 | -- | $385 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Randall Mycorn
Seller's Agent in 2025
Randall Mycorn
R L M Equities
(949) 862-1020
1 in this area
32 Total Sales
-
Enny Wiratiya
Buyer's Agent in 2025
Enny Wiratiya
Century 21 On Target
(562) 253-7812
1 in this area
16 Total Sales
-
Mike Marcu
Seller's Agent in 2024
Mike Marcu
Mike Marcu, Broker
(562) 260-0940
6 in this area
19 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
None MRML
(646) 541-2551
7 in this area
5,733 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24119706
APN: 410-412-01
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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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