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(909) 215-5431
Real Estate Company
2731 W Orion Avenue, Santa Ana, CA 92704
- $1,649,000
- List Price
- $1,649,000
- Status
- ACTIVE
- MLS#
- LG26219043
- Year Built
- 1970
- Lot Size
- 6,970
- Acres
- 0.16
- Lot Location
- 0-1 Unit/Acre, Corner Lot, Front Yard, Garden, Lawn, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Yard
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Other
Property Description
Ideally situated in the highly desirable South Coast Metro area, along the border of Santa Ana and Costa Mesa, this upgraded fourplex presents an exceptional investment opportunity with strong income potential and room for future rent growth. The property features an attractive unit mix consisting of one 3-bedroom, 2-bathroom unit and three 2-bedroom units, including two 2-bathroom units and one 1-bathroom unit. The property offers an ideal opportunity for both investors and owner-occupants. Live in the front unit while generating rental income from the remaining three units, or maximize the property's income potential by leasing all four units. Additional features include four private garages—one two-car garage and three one-car garages—as well as separate gas and electric meters for each unit. Each unit also has laundry hookups in its respective garage. A separate common laundry room, currently utilized for maintenance storage, offers the potential to create an additional income stream. Enjoy a convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 Freeway, and excellent local schools. With its desirable Covington-style architecture, extensive upgrades, practical amenities, and attractive location, this fourplex offers a compelling combination of rental income, long-term appreciation potential, and future upside through rental growth.
Additional Information
- Appliances
- Dishwasher, Gas Cooktop, Disposal, Gas Range, Water Heater
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Forced Air
- Cooling Description
- None
- Exterior Construction
- Frame, Stucco
- Roof
- Composition
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Open Floorplan, Bedroom on Main Level, Main Level Primary, Primary Suite
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $101,040
- Operating Expense
- 35364
Listing courtesy of Listing Agent: Matt Perry (matt@perrypropertyadvisors.com) from Listing Office: Arbor Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.