1516 W 5th

Santa Ana, CA 92703

About this property

Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring, and newly installed AC and heating units for year-round comfort. Externally, the property boasts major aesthetic curb appeal alongside a freshly paved parking lot that provides eight dedicated spots-rendering it exceptionally overparked for a fourplex. Perfect for owner-occupied financing, one unit can be delivered vacant at closing, while the remaining units are leased to qualified residents commanding strong market rents. Situated just minutes from Downtown Santa Ana, Santa Ana College, the Civic Center, and major freeway corridors, this property offers unbeatable access to key local points of interest. Please contact agent to inquire about purchasing the ADJACENT fourplex.

About this property

Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring, and newly installed AC and heating units for year-round comfort. Externally, the property boasts major aesthetic curb appeal alongside a freshly paved parking lot that provides eight dedicated spots-rendering it exceptionally overparked for a fourplex. Perfect for owner-occupied financing, one unit can be delivered vacant at closing, while the remaining units are leased to qualified residents commanding strong market rents. Situated just minutes from Downtown Santa Ana, Santa Ana College, the Civic Center, and major freeway corridors, this property offers unbeatable access to key local points of interest. Please contact agent to inquire about purchasing the ADJACENT fourplex.

Features and Additional Information

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$1,180,000 Active
1,600 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
R L M Equities
1-949-573-5309
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Area Information

699 Not Defined | Orange County |

$ 1,180,000
This listing is play_arrow 56.6% higher than the average in the area
$ 753,500 in the area
1,600 SqFt
This listing is play_arrow 24.3% larger than the average in the area
1,288 SqFt in the area
$ 738 $/SqFt
This listing is play_arrow 24.6% more than the average in the area
$ 592 $/SqFt in the area
13 days on site
This listing is play_arrow 85.4% below the average in the area
89 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Randall Mycorn
Brokerage: R L M Equities

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