For Sale Multi-Family MLS# LG26219043

2731 W Orion Avenue

Santa Ana, CA 92704

$1,649,000

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About 2731 W Orion Avenue

Ideally situated in the highly desirable South Coast Metro area, along the border of Santa Ana and Costa Mesa, this upgraded fourplex presents an exceptional investment opportunity with strong income potential and room for future rent growth. The property features an attractive unit mix consisting of one 3-bedroom, 2-bathroom unit and three 2-bedroom units, including two 2-bathroom units and one 1-bathroom unit. The property offers an ideal opportunity for both investors and owner-occupants. Live in the front unit while generating rental income from the remaining three units, or maximize the property's income potential by leasing all four units. Additional features include four private garages—one two-car garage and three one-car garages—as well as separate gas and electric meters for each unit. Each unit also has laundry hookups in its respective garage. A separate common laundry room, currently utilized for maintenance storage, offers the potential to create an additional income stream. Enjoy a convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 Freeway, and excellent local schools. With its desirable Covington-style architecture, extensive upgrades, practical amenities, and attractive location, this fourplex offers a compelling combination of rental income, long-term appreciation potential, and future upside through rental growth.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1970
Stories
2
Living area
4,345 sqft
Price / sqft
$380
Lot
0.16
Original price
$1,649,000
MLS #
LG26219043

Interior

Features
Open Floorplan, Bedroom on Main Level, Main Level Primary, Primary Suite, Living Room, Fireplace
Appliances
Dishwasher, Gas Cooktop, Disposal, Gas Range, Water Heater
Flooring
Carpet, Laminate, Tile
Heating
Forced Air
Laundry
Washer Hookup, In Garage, Laundry Room
Windows
Blinds, Drapes, Screens

Exterior & lot

Features
Traditional, Parking spaces: 4
Construction
Frame, Stucco
Roof
Composition
Foundation
Slab
Fence
Vinyl
Parking
Garage
Garage spaces
4

Schools

District
Santa Ana Unified School District

Utilities

Utilities
Public Sewer, Public, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Electricity - On Property
Water
Public
Sewer
Public Sewer
Security
Carbon Monoxide Detector(s), Smoke Detector(s)

Financial

Parcel
41401326
Special conditions
Trust

Location

Subdivision
Other
Area
69 - Santa Ana South of First
County
Orange
Neighborhood
Armstrong
Community
City Street, 0.0
Directions
Fairview Avenue North to Aurora Street, right on Aurora Street, left of Marine Street

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Listed by Matt Perry, Arbor Real Estate

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.