8
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$1,350,000
Est. payment /mo
3,554 SqFt
New
223 S Orange Santa Ana, CA 92701
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,554 sqft
Price per Sqft $379
MLS Listing ID CROC25265433
HOA Y/N No
Year Built 1963
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Other
Property Description
Presenting 223 South Orange Avenue, a high-cash-flow five-unit multifamily investment property located in the desirable Pacific Park neighborhood of Santa Ana, California. The property features a spacious Victorian front house configured as a five-bedroom, five-bath unit, complemented by a rear four-plex offering efficient studio floorplans designed to maximize rental income and promote long-term occupancy stability. Residents enjoy desirable amenities including an on-site laundry facility, a shared central courtyard, four individual garage parking spaces, and security screen doors. The property has been professionally managed throughout ownership, ensuring consistent performance and reliable cash flow. A Ratio Utility Billing System (RUBS) is in place, effectively reducing ownership expenses and improving operating efficiency. Recent capital improvements include upgraded electrical panel on the front house. While the property provides strong in-place income, additional interior and exterior renovations present a clear opportunity to further enhance value, elevate curb appeal, and achieve higher market rents. The garages offer an additional value-add opportunity in which buyers may rent them out for supplemental income or explore converting them into an ADU to further maximize re
Location
State CA
County Orange
Interior
Fireplace No
Laundry Other
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 40409307
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Listed by Justin Butler • Kirklen Investment Group
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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