Request More Info
Schedule a Showing
Share
Print
|
One of those investment opportunities in Santa Ana that has multiple ways to create value. Located in an area with strong rental demand and low vacancy, this property sits on a large, usable 7,000 sq. ft. lot with plenty of room to grow. The property consists of three units: 2-bedroom 1-bath unit, a 1-bedroom 1-bath unit, and a move-in-ready studio above the rear garage. Continue collecting income from the occupied 2-bedroom unit while renovating the front 1-bedroom unit and maximizing the studio's rental potential to achieve top market rents. This flexible setup makes it an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking to maximize cash flow at market rates. The real story here is the upside. The property includes two separate garage structures that may offer future ADU conversion potential (buyer to verify), giving buyers the opportunity to add additional units and increase income over time. With some improvements, the property has the potential to bring in approximately $6,200 per month in gross rental income. Large lots, multiple units, ample parking, and future development potential are getting harder to find in Santa Ana. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while collecting rent from two additional units, this property offers flexibility with room to improve and grow.
Property Type(s):
Residential Income
| Last Updated | 7/1/2026 | Tract | Unknown |
|---|---|---|---|
| Year Built | 1940 | Community | 69 - Santa Ana South of First |
| Garage Spaces | 8.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Range, Water Heater |
| AREA | 69 - Santa Ana South of First |
| GARAGE | Yes |
| HEAT | Floor Furnace |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Front Yard, Rectangular Lot |
| LOT DIMENSIONS | 6970 |
| PARKING | Direct Access, Driveway, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Unknown |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with eXp Realty of Greater Los Angeles
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email