Santa Ana, CA 92703,1516 W 5th St
Santa Ana, CA 92703,1516 W 5th St
Santa Ana, CA 92703,1516 W 5th St
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$875,000
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4 Beds
4 Baths
1,572 SqFt
Price Dropped by $24K

1516 W 5th St Santa Ana, CA 92703

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,572 sqft

Price per Sqft $556

MLS Listing ID 25598753

Bedrooms 4

Year Built 1951

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Multi-Family

Property Description

Two adjacent fourplex buildings in central Santa Ana, located at 1512 W 5th Street and 1516 W 5th Street. Each property is on its own parcel and can be purchased together as a portfolio or separately, giving investors flexibility in their approach.Both buildings were constructed in 1951 and share identical layouts, with each consisting of four 1-bedroom, 1-bathroom units. The properties are occupied by long-term, month-to-month tenants, creating a stable foundation with the potential to reposition and increase overall performance.The buildings are situated in a desirable part of Santa Ana, just minutes from City Hall, the Civic Center, and major employment hubs. The central location also offers convenient access to retail, dining, and public transportation, making the area attractive to renters and supporting long-term demand.This offering provides a rare chance to acquire classic mid-century rental assets with strong upside in one of Orange County's most dynamic multifamily markets.

Location

State CA

County Orange

Area Santa Ana North Of First

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Other

Exterior

Parking Features Driveway

Garage Spaces 4.0

Waterfront Description None

View Y/N No

View None

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Exp Commercial of California, Inc.

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Roddy De La Garza

Roddy De La Garza

Broker Associate | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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1516 W 5th St