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. Known for its rich history, diverse culture, and dynamic community, Santa Ana offers a unique blend of urban living and suburban charm. With its warm Mediterranean climate, residents enjoy sunny days year-round, perfect for exploring the city’s beautiful parks, art galleries, and bustling downtown area.

Santa Ana is a hub of creativity, featuring a thriving arts scene that includes the renowned Santa Ana Artists Village, where local artists showcase their talents. The city is also home to a variety of dining options, from trendy cafes to authentic Mexican eateries, making it a culinary delight for food enthusiasts. Additionally, the proximity to major attractions like Disneyland and beautiful Southern California beaches adds to the appeal of this charming city.

For those looking to invest in real estate, Santa Ana offers a diverse range of housing options, including homes with apartment subtypes. These properties are ideal for multi-generational families, investors, or anyone seeking additional rental income. With spacious layouts and modern amenities, homes with apartment subtypes provide the perfect blend of comfort and convenience. Whether you’re looking for a cozy bungalow or a larger family home with an attached apartment, Santa Ana has something to suit every lifestyle.

Embrace the vibrant community spirit and endless opportunities that Santa Ana has to offer. Discover your dream home in this dynamic city, where every day feels like a new adventure!

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.