$1,689,000

Estimated payment $11,289/month

Total Views 951
8 Beds
6 Baths
4,671 Sq Ft
$362 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Laundry Room
  • Block Wall Fence
  • No HOA
  • Controlled Entrance
  • Wall Furnace

About This Home

Multifamily 6 unit apartment complex in Santa Ana. 2 units are 2 bedrooms and 1 bathroom, 4 units are 1 bedroom and 1 bathroom. Each unit has a private patio/deck. Gated parking in back of the building, with electronic access. Each 1 bedroom unit gets one space and the 2 bedrooms get 2 spots. Laundry room has 2 washers and 2 dryers. Great location close to freeways and downtown Santa Ana dining and entertainment district.

Listing Agent

Nickolas White

Seven Gables Real Estate Brokerage Phone: 714-608-1009 License #01767819 Listed on: 08/10/2026

Seven Gables Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1980

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Front Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Controlled Entrance

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,671 Sq Ft Home
  • 2-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 3 / C
  • Tax Tract Number 312
  • Assessor Parcel Number 40407503
  • $1,655 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $1,560
  • Gardener Expense $1,500
  • Insurance Expense $3,000
  • Trash Expense $4,740
  • Water Sewer Expense $2,160
  • New Taxes Expense $18,880
  • Operating Expense $32,190
  • Gross Income $146,964
  • Net Operating Income $114,774

Property Details

Home Type

Apartment

Year Built

Built in 1980

Lot Details

6,534 Sq Ft Lot

Parking

8

Listing Details

  • CapRate: 6.47
  • Inclusions: Refrigerator in one unit
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2160.00
  • Architectural Style: Traditional
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 40407503
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 361.59

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Covered, Controlled Entrance, Private
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Community, Common Area
  • Sewer: Public Sewer
  • Trash Expense: 4740.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Front Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500
  • Latitude Manual: 33.74329000

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 360.00
  • Fuel Expense: 1560.00
  • Gross Income: 146964.00
  • Gross Multiplier: 11.49
  • Gross Operating Income: 146964.00
  • Gross Scheduled Income: 146964.00
  • Insurance Expense: 3000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 114774.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Number With Refrigerator: 1
  • Operating Expense: 32190.00
  • Rent Control: Yes
  • Total Actual Rent: 12147.00
  • Total Expenses: 32190.00

Tax Info

  • New Taxes Expense: 18880.00
  • Tax Block: C
  • Tax Lot: 3
  • Tax Tract Number: 312
  • TaxOtherAnnualAssessmentAmount: 1655.00

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
2026 $23,634 $2,002,498 $1,623,648 $378,850
2025 $23,634 $1,963,234 $1,591,812 $371,422
2024 $23,020 $1,924,740 $1,560,600 $364,140
2023 $22,452 $1,887,000 $1,530,000 $357,000
2022 $22,221 $1,850,000 $1,500,000 $350,000
2021 $13,240 $1,054,805 $555,162 $499,643
2020 $13,259 $1,043,990 $549,470 $494,520
2019 $13,011 $1,023,520 $538,696 $484,824
2018 $12,528 $1,003,451 $528,133 $475,318
2017 $12,421 $983,776 $517,777 $465,999
2016 $12,180 $964,487 $507,625 $456,862
2015 $8,447 $630,536 $353,137 $277,399
2014 -- $618,185 $346,219 $271,966
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
08/10/2026 08/10/26 For Sale $1,689,000 -8.7% $362 / Sq Ft
09/10/2021 09/10/21 Sold $1,850,000 0.0% $396 / Sq Ft View Prior Sale
05/27/2021 05/27/21 For Sale $1,850,000 +94.7% $396 / Sq Ft
04/16/2015 04/16/15 Sold $950,000 -2.5% $203 / Sq Ft View Prior Sale
03/04/2015 03/04/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $974,000 -- $209 / 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 $1,850,000 Ticor Title Orange County Br
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $950,000 Lawyers Title
Grant Deed -- Accommodation
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- --
Grant Deed $533,000 Lawyers Title Company
Grant Deed $297,000 Fidelity National Title Ins
Interfamily Deed Transfer -- --
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
Previous Owner $250,000 Commercial
Previous Owner $617,500 Commercial
Previous Owner $340,000 Commercial
Previous Owner $373,100 Commercial
Previous Owner $209,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26172416

California Regional Multiple Listing Service (CRMLS)
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