$1,180,000
 $6,334 est/mo Sourced by Back At You

1516 W 5th,Santa Ana, CA 92703

Santa Ana, CA 92703

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Description

Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring, and newly installed AC and heating units for year-round comfort. Externally, the property boasts major aesthetic curb appeal alongside a freshly paved parking lot that provides eight dedicated spots-rendering it exceptionally overparked for a fourplex. Perfect for owner-occupied financing, one unit can be delivered vacant at closing, while the remaining units are leased to qualified residents commanding strong market rents. Situated just minutes from Downtown Santa Ana, Santa Ana College, the Civic Center, and major freeway corridors, this property offers unbeatable access to key local points of interest. Please contact agent to inquire about purchasing the ADJACENT fourplex.

Details

MLS #NP26218335
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1951
Days On Site26
Listing Provided ByR L M Equities | Randall Mycorn

Features

SQ Feet1,600
Story(s)1
Units4
Building(s)1
Acreage0.14

Exterior

Lot FeaturesEleven To Fifteen Units Acre

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesSuburban

Area Information

StateCA
CountyOrange
CitySanta Ana
Zip Code92703
Area699 Not Defined
Listing VS Median (in 92703)
Price:
$1,180,000
low | high
Med:
$799,000
82.28813559322% of Average
sqft:
1,600
low | high
Med:
1,092
81.75% of Average
$ / sqft:
$738
low | high
Med:
$732
50.788477059663% of Average
On site:
26
low | high
Med:
108
24.074074074074% of Average
Sourced by Back At You

Market Activity 92703

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Learn More About This Property

StateCA
CountyOrange
CitySanta Ana
Zip Code92703
Area699 Not Defined
Listing VS Median (in 92703)
Price:
$1,180,000
low | high
Med:
$799,000
82.28813559322% of Average
sqft:
1,600
low | high
Med:
1,092
81.75% of Average
$ / sqft:
$738
low | high
Med:
$732
50.788477059663% of Average
On site:
26
low | high
Med:
108
24.074074074074% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $885K - $1.475M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
1411 W 7th Street Property Photo 1
$1,375,000
1411 W 7th Street
Santa Ana, CA 92703
613 N. Raitt St. Property Photo 1
$1,149,000
613 N. Raitt St.
Santa Ana, CA 92703
Listing Updated: October 7, 2026 at 11:38:14 AM PDT