$1,950,000
$50K PRICE DROP

Estimated payment $12,627/month

Total Views 7,718
9 Beds
7 Baths
4,553 Sq Ft
$428 Price per Sq Ft

Highlights

  • Private Yard
  • Recessed Lighting
  • Central Air
  • Segerstrom High School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

2726 W. Orion Avenue is a generational asset nestled in the vibrant South Coast Metro area of Santa Ana. This Covington-style fourplex offers a diverse mix of spacious floor plans, including a generous 3-bedroom/2-bathroom unit, two charming 2-bedroom/2-bathroom units, and an inviting 2-bedroom/1-bathroom unit. As a landlord, your responsibilities are minimal, encompassing only exterior lighting, water, trash removal, and landscaping—allowing for a passive income opportunity with low overall expenses. Imagine living in the front unit, enjoying the comforts of home, while the other units provide valuable rental income. The property features a convenient 2-car garage, three individual 1-car garages, and an additional uncovered carport parking spot, ensuring ample parking for both residents and guests. Patios and greenery create a welcoming outdoor ambiance, perfect for relaxation and social gatherings. Many units showcase stylish remodeled interiors, complete with spacious walk-in closets and tastefully updated bathrooms. A shared laundry facility is readily available for residents' convenience. The location is superb, situated just a stone’s throw from the upscale shopping experience at South Coast Plaza, the dynamic offerings of Metro Pointe Shopping Center, and highly regarded schools. Each unit is equipped with separate electric and gas meters, enhancing privacy and control over utility expenses. This property truly represents an incredible opportunity to invest in a thriving community.

Listing Agent

Elizabeth Do

Keller Williams Realty Brokerage Email: Liz@ElizabethDo.com License #01473012 Listed on: 05/08/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 1 Open Parking Space
  • 5 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,553 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 6827
  • Assessor Parcel Number 41401202
  • $1,072 per year additional tax assessments

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $450
  • Insurance Expense $3,548
  • Professional Management Expense $4,800
  • Trash Expense $2,715
  • Water Sewer Expense $2,715
  • New Taxes Expense $21,007
  • Operating Expense $35,235
  • Net Operating Income $88,989

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1970 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Other Phone Description: 714-317-7243
  • Price Per Unit: 487500
  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2715.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 450.00
  • Parcel Number: 41401202
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 428.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2715.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Gross Scheduled Income: 124224.00
  • Insurance Expense: 3548.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 88989.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 35235.00
  • Rent Control: No
  • Total Expenses: 35235.00

Tax Info

  • New Taxes Expense: 21007.00
  • Tax Census Tract: 741.06
  • Tax Lot: 7
  • Tax Tract Number: 6827
  • TaxOtherAnnualAssessmentAmount: 1072.00

Map

Range of Values:

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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
07/22/2025 07/22/25 Price Changed $1,950,000 -2.5% $428 / Sq Ft
05/08/2025 05/08/25 For Sale $2,000,000 +63.3% $439 / Sq Ft
05/17/2016 05/17/16 Sold $1,225,000 -5.7% $269 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $1,299,000 -- $285 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25099299

California Regional Multiple Listing Service (CRMLS)

APN: 414-012-02