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Excellent investment opportunity! This spacious quadruplex features four 2-story units, each offering 2 bedrooms and 1.5 bathrooms, central heating, private patios, and laminate flooring throughout. Units 2, 3, and 4 have been updated within the past year with newer interiors and modern cabinets, while Unit 1 remains in original condition—offering potential for added value with future upgrades. None of the units have A/C, but all are well-maintained. The property is fully tenant-occupied, including long-term and Section 8 tenants. All rents paid on time. Tenants cover their own electricity and gas. Additional features include: 1. Coin-operated community laundry. 2. Three assigned parking spaces per unit, plus two guest spots. Convenient access to 22, 5, and 57 freeways. Close proximity to Santa Ana College and Costco. Don’t miss this turnkey investment with reliable cash flow and room to increase value!
Property Type(s):
Residential Income
| Last Updated | 4/24/2025 | Year Built | 1961 |
|---|---|---|---|
| Community | Santa Ana North of First | County | Orange |
Additional Details
| AREA | Santa Ana North of First |
|---|---|
| GARAGE | Assigned, Guest |
| HOA DUES | 0 |
| LOT | 10271 sq ft |
| LOT DESCRIPTION | Paved, Rectangular Lot |
| PARKING | Assigned,Guest |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Patio Home |
| WATER | Public |
Location
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Listed with eXp Realty of California Inc
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.
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