Discover an exceptional income-producing opportunity in the heart of Santa Ana. Situated on a spacious 9,148 sq ft lot, this versatile property offers three total units (a rare find in the neighborhood) making it ideal for investors, multi-generational living, or owners seeking rental income.
The original 1946 front home features 3 bedrooms, a functional layout, and classic charm, offering a solid foundation for updating or customization.
In 1986, two additional units were constructed, each offering 2 bedrooms and 1 bathroom, creating valuable rental potential and enhancing the property’s long-term income stability. These units offer practical living spaces with great upside for modernization or continued steady rental use.
Adding to the property’s desirability, the site includes a remarkable six-garage configuration, providing abundant parking, storage, or the potential for future conversion (buyer to verify with city). The expansive driveway and lot depth further support ease of access and long-term functionality.
Located in a well-established Santa Ana neighborhood, the property sits near schools, parks, shopping, and major transportation routes offering strong appeal for renters and homeowners alike.
Property Sub Type:
Triplex
Property Attached:
Yes
Lot Area:
9,148 sq. ft.850 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1946
(Age: 80)
General Listing Location:
Santa Ana, 70 - Santa Ana North of First
County Or Parish:
Orange
Common Interest:
None
Gross Income:
$105,000
Gross Scheduled Income:
$8,750
Net Operating Income:
$27,330
Rent Control:
Yes
Association Fee:
$0
Land Lease:
No
Insurance Expense:
$1,250
Operating Expense:
$5,670
Trash Expense:
$0
Water and Sewer Expense:
$1,500
Tax Lot:
1
Tax Block:
D
From Main St left on Occidental St right on Cypress Ave
Number of Buildings:
1
# of Electric Meters:
3
# of Gas Meters:
3
# of Water Meters:
1
Community Features:
Storm Drain(s), Street Lights, Sidewalks
Senior Community:
No
Laundry Features:
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup