2729 S Rosewood Ave Santa Ana, CA 92707
Sunwood Central Neighborhood
2
Beds
2
Baths
3,960
Sq Ft
7,687
Sq Ft Lot
About This Home
As of August 20252729 S. Rosewood Street is a 4-unit multifamily value-add investment opportunity located in the highly sought-after Rosewood Baker neighborhood of Santa Ana, California. Built in 1961, the property features four spacious 2-bedroom, townhome-style units averaging 990 square feet, each equipped with a private garage, private patios, and separately metered utilities for gas and electricity. In 2025, 50% of the units underwent significant renovations, including new kitchen cabinetry, granite countertops, vinyl plank flooring, and updated bathroom fixtures, reflecting attentive ownership and setting the stage for further improvements. With substantial rental upside, this asset presents a compelling value-add opportunity through strategic unit upgrades and rental repositioning. Ideally located less than 1.4 miles from South Coast Plaza, 3.3 miles from John Wayne Airport, and under 4.4 miles from Orange Coast College, the property appeals to a broad tenant base, including families, professionals, and students. Its proximity to major transportation corridors, including the I-405 and 55 Freeway, offers convenient access to key employment centers throughout Orange and Los Angeles Counties, making this a rare opportunity to acquire a well-located, quality multifamily asset with strong income growth potential.
Last Agent to Sell the Property
Kirklen Investment Group Brokerage Phone: 949-202-7255 License #02092220 Listed on: 07/17/2025
Last Buyer's Agent
Kirklen Investment Group Brokerage Phone: 949-202-7255 License #02092220 Listed on: 07/17/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,687 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 2 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,960 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 3680
- Assessor Parcel Number 41041304
- $1,072 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,400
- Insurance Expense $2,879
- Maintenance Expense $2,800
- Other Expense $1,802
- Trash Expense $2,313
- Water Sewer Expense $2,273
- New Taxes Expense $15,817
- Operating Expense $30,284
- Gross Income $62,400
- Net Operating Income $30,244
Similar Homes 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 |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Sold | $1,175,000 | -11.3% | $297 / Sq Ft |
| 07/19/2025 07/19/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | For Sale | $1,325,000 | -- | $335 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Justin Butler
Seller's Agent in 2025
Justin Butler
Kirklen Investment Group
(949) 202-7255
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25161383
APN: 410-413-04
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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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