$1,649,000
$50K PRICE DROP

Estimated payment $10,171/month

Total Views 15,622
7 Beds
5 Baths
3,212 Sq Ft
$513 Price per Sq Ft

Highlights

  • Gated Parking
  • No HOA
  • 4 Car Garage
  • Corner Lot
  • Central Heating and Cooling System

About This Home

Spacious and versatile Santa Ana investment opportunity, perfect for both investors or owner-occupants! The property features a 5-bedroom front house (2,042 sq. ft.) and two separate 1-bedroom rear units (585 sq. ft. each) on a large 9,224 sq. ft. lot (per assessor). Both the main house and rear units have separate meters and convenient alley access. The rear units are fully independent with private side entrances and no shared backyard space, providing privacy for tenants. Recent upgrades include updated windows, newer fencing, and extensive exterior wood repairs, including improved stair access and landings for the rear units. The property offers a large front yard with lush grass, a decorative cement and wrought-iron fence, a corner location with ample parking, and a low-maintenance backyard. Interior features include wood and tile flooring and interior wood stairs. Additional highlights include four single-car garages under the rear units and a separate driveway with direct access—perfect for RV or boat parking. Well-maintained and turnkey, this property provides strong rental income potential with minimal immediate upkeep.

Listing Agent

Justin Miller

First Team Real Estate Brokerage Phone: 949-759-5747 License #01292458 Listed on: 04/03/2026

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 9,224 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • 3 Open Parking Spaces
  • Carport
  • Parking Available
  • Gated Parking

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Dining Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 746
  • Assessor Parcel Number 40410307
  • $1,373 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,000
  • Maintenance Expense $1,500
  • New Taxes Expense $16,500
  • Operating Expense $20,000
  • Gross Income $103,500
  • Net Operating Income $83,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

9,224 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 5.10
  • Property Attached: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 40410307
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Levels: Two
  • Price Per Square Foot: 513.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Gated, Carport
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 9224.00
  • Lot Size Acres: 0.2118

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 103500.00
  • Gross Operating Income: 103500.00
  • Gross Scheduled Income: 103500.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9224.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 83500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 20000.00
  • Rent Control: Yes
  • Total Actual Rent: 8625.00
  • Total Expenses: 20000.00

Tax Info

  • New Taxes Expense: 16500.00
  • Tax Lot: 65
  • Tax Tract Number: 746.02
  • TaxOtherAnnualAssessmentAmount: 1373.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,228 $1,148,326 $1,036,359 $111,967
2024 $13,855 $1,125,810 $1,016,038 $109,772
2023 $13,510 $1,103,736 $996,116 $107,620
2022 $13,363 $1,082,095 $976,585 $105,510
2021 $13,056 $1,060,878 $957,436 $103,442
2020 $13,078 $1,050,000 $947,618 $102,382
2019 $8,187 $618,077 $511,910 $106,167
2018 $7,891 $605,958 $501,872 $104,086
2017 $7,823 $594,077 $492,031 $102,046
2016 $7,674 $582,429 $482,383 $100,046
2015 $7,576 $573,681 $475,137 $98,544
2014 $7,445 $562,444 $465,830 $96,614
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2026 06/18/26 Price Changed $1,649,000 -2.9% $513 / Sq Ft
04/03/2026 04/03/26 For Sale $1,699,000 +62.9% $529 / Sq Ft
07/15/2019 07/15/19 Sold $1,043,000 0.0% $317 / Sq Ft View Prior Sale
07/05/2019 07/05/19 Rented $4,400 0.0% --
06/06/2019 06/06/19 For Rent $4,400 0.0% --
05/31/2019 05/31/19 Pending -- -- --
05/31/2019 05/31/19 Price Changed $1,075,000 -1.8% $326 / Sq Ft
04/09/2019 04/09/19 Price Changed $1,095,000 -4.8% $332 / Sq Ft
01/14/2019 01/14/19 For Sale $1,150,000 -- $349 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,050,000 Pacific Coast Title Company
Grant Deed -- Pacific Coast Title Company
Grant Deed -- North American Title Co Inc
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Quit Claim Deed -- Ticor Title Nls Orange
Interfamily Deed Transfer -- California Counties Title Co
Grant Deed $162,000 South Coast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $742,000 New Conventional
Closed $735,000 New Conventional
Previous Owner $417,000 Commercial
Previous Owner $427,350 FHA
Previous Owner $415,000 Commercial
Previous Owner $150,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $386,000 Purchase Money Mortgage
Previous Owner $161,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26071918

California Regional Multiple Listing Service (CRMLS)

APN: 404-103-07

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