For Sale Multi-Family MLS# NP26218335

1516 W 5th

Santa Ana, CA 92703

$1,180,000

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About 1516 W 5th

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.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1951
Stories
1
Living area
1,600 sqft
Price / sqft
$738
Lot
0.14
Original price
$1,180,000
MLS #
NP26218335

Exterior & lot

Features
Parking spaces: 6
Construction
1
Lot
40505407

Schools

District
Santa Ana Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
40505407
Special conditions
Standard

Location

Area
699 - Not Defined
County
Orange
Neighborhood
Artesia Pilar
Directions
Northwest Block of 1st and Bristol

Ask about this property

Questions on 1516 W 5th, Santa Ana, CA 92703, or want to see it in person?

Listed by Randall Mycorn, R L M Equities

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.