Santa Ana Homes with Apartment Subtype

Santa Ana Homes with Apartment Subtype

Welcome to Santa Ana, California – a vibrant city nestled in the heart of Orange County, where the charm of suburban living meets the excitement of urban convenience. Known for its rich cultural heritage, Santa Ana boasts a diverse community and a dynamic arts scene that draws residents and visitors alike. With its warm climate and beautiful parks, this city is perfect for outdoor enthusiasts and families looking for a welcoming environment.

Santa Ana is home to a variety of neighborhoods, each offering unique character and amenities. Among its many housing options, you'll find a delightful selection of homes with apartment subtypes. These residences are perfect for those seeking the flexibility of multi-family living while enjoying the comforts of a single-family home. These homes often feature spacious layouts, modern amenities, and the potential for rental income, making them a smart investment choice.

Living in Santa Ana means you are just minutes away from some of Southern California’s finest attractions. Enjoy a stroll through the historic downtown area, where you can find an array of shops, restaurants, and cultural venues. The nearby Santa Ana Zoo and the beautiful parks provide ample opportunities for family fun and outdoor activities. Plus, with easy access to major highways and public transportation, commuting to nearby cities like Irvine or Anaheim is a breeze.

If you’re looking for a vibrant community with diverse housing options, Santa Ana is the perfect place to call home. Explore the possibilities of homes with apartment subtypes and discover the ideal balance of comfort, convenience, and community spirit in this charming city!

Newest Santa Ana Homes with Apartment Subtype

$1,500,000
PW26165315 MLS Active Status
We are pleased to present the opportunity to acquire a multifamily asset located at 1735 W. Washington Avenue in Santa Ana. The property consists of four (4) units situated on an expansive ±13,068 SF lot, featuring a unique unit mix of (2) detached two-bedroom, one-bathroom single-family homes and (1) duplex comprised of (2) one-bedroom, one-bathroom units. The property is occupied by long-term tenants, providing consistent rental income with significant upside through strategic asset management, renovation of the existing improvements, and the repositioning of rents over time. Investors also have the opportunity to further enhance cash flow through the implementation of a RUBS (Ratio Utility Billing System) program to offset water and trash expenses, while benefiting from future annual rental increases in accordance with the City of Santa Ana's rent control guidelines. The oversized lot presents a rare opportunity to further maximize the property's value through the potential development of ADU’s, creating a compelling long-term value-add investment opportunity (Buyer to verify development potential and feasibility with the City of Santa Ana). Ideally located in one of Santa Ana's established residential neighborhoods, the property benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana, major employment centers, public transportation, and a wide variety of shopping, dining, entertainment, and lifestyle amenities. Residents also enjoy convenient access to the 5, 22, 55, and 57 Freeways, providing excellent regional connectivity throughout Orange County. This offering presents investors with the rare opportunity to acquire a well-located multifamily asset featuring meaningful rental upside, multiple value-add strategies, and long-term development potential in one of Orange County's most sought-after rental markets.

1735 W Washington, Santa Ana

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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.