2738 W Keller Ave Santa Ana, CA 92704
South Coast Metro NeighborhoodEstimated payment $10,477/month
Highlights
- No HOA
- Laundry Room
- 5 Car Garage
- Segerstrom High School Rated A-
- Central Heating
About This Home
Exceptional South Coast Metro 4-Plex in a prime location! This well-located and highly desirable Covington 4-Plex is situated in a sought-after rental neighborhood near South Coast Plaza and directly across the street from Calvary Chapel, a strong draw for tenants. Located in one of the best 4-Plex tracts in Orange County near Fairview and Sunflower in Santa Ana, it’s within walking distance of South Coast Plaza and offers close access to the 405 freeway. The property features a spacious single-story 3-bedroom, 2-bathroom main unit with a double-car garage, a cozy fireplace, and no unit above. Additionally, there are two large 2-bedroom, 2-bathroom units (stacked) and a 2-bedroom, 1-bathroom unit above the garages. Each unit has its own garage, laundry hookups, and private patio or balcony, with the added convenience of a single-loaded alley offering garages on one side only. This prime property is also near Metro Pointe Shopping Center and top-rated schools. All units are currently occupied with good-paying tenants, making this a turn-key investment opportunity in an unbeatable location. Act quickly—this one won’t last!
Listing Agent
OCProperties Brokerage Phone: 714-842-3159 License #00967215 Listed on: 10/31/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 7,405 Sq Ft Lot
- Two or More Common Walls
- Sprinkler System
Parking
- 5 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Parking Lot
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,366 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Central Heating
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 6798
- Assessor Parcel Number 41402227
- $1,072 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $619
- Trash Expense $4,013
- Water Sewer Expense $2,824
- New Taxes Expense $18,614
- Operating Expense $26,070
- Gross Income $107,700
- Net Operating Income $81,619
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2025 12/20/25 | Price Changed | $1,675,000 | +1.8% | $384 / Sq Ft |
| 12/10/2025 12/10/25 | Price Changed | $1,645,000 | -1.8% | $377 / Sq Ft |
| 10/31/2025 10/31/25 | For Sale | $1,675,000 | -- | $384 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25251189
APN: 414-022-27
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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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