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2729 S. Rosewood Street is a 4-unit multifamily value-add investment opportunity located in the highly sought-after Rosewood Baker neighborhood of Santa Ana, California. Built in 1961, the property features four spacious 2-bedroom, townhome-style units averaging 990 square feet, each equipped with a private garage, private patios, and separately metered utilities for gas and electricity. In 2025, 50% of the units underwent significant renovations, including new kitchen cabinetry, granite countertops, vinyl plank flooring, and updated bathroom fixtures, reflecting attentive ownership and setting the stage for further improvements. With substantial rental upside, this asset presents a compelling value-add opportunity through strategic unit upgrades and rental repositioning. Ideally located less than 1.4 miles from South Coast Plaza, 3.3 miles from John Wayne Airport, and under 4.4 miles from Orange Coast College, the property appeals to a broad tenant base, including families, professionals, and students. Its proximity to major transportation corridors, including the I-405 and 55 Freeway, offers convenient access to key employment centers throughout Orange and Los Angeles Counties, making this a rare opportunity to acquire a well-located, quality multifamily asset with strong income growth potential.
Property Type(s):
Residential Income
| Last Updated | 7/17/2025 | Tract | Other |
|---|---|---|---|
| Year Built | 1961 | Community | 69 - Santa Ana South of First |
| Garage Spaces | 4.0 | County | Orange |
Additional Details
| AREA | 69 - Santa Ana South of First |
|---|---|
| GARAGE | Yes |
| LOT | 7688 sq ft |
| LOT DESCRIPTION | Corner Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Other |
| WATER | Public |
Location
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Listed with Kirklen Investment Group
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 2025.
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