2732 W Orion, Santa Ana, CA 92704

$1,900,000

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List Price
$1,900,000
Status
ACTIVE
MLS#
OC26225906
Year Built
1970
Lot Size
7,841
Acres
0.18
Lot Location
0-1 Unit/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Other.

Property Description

Unlock a rare, high-yield multifamily asset in the heart of Orange County. Located at 732 W. Orion Ave, Santa Ana, this coveted "Covington Style" fourplex stands out as a prime investment built for strong rental demand and long-term appreciation. The diverse, high-occupancy unit mix features one 3BR/2BA, one 2BR/2BA, one 2BR/1.5BA, and one 2BR/1BA unit—all meticulously maintained, showcasing true pride of ownership. Investors can immediately boost their bottom line and maximize yields by implementing a RUBS system for water and trash utilities. Further driving tenant retention are four private, dedicated garages that offer lucrative secondary income potential. Positioned just minutes from world-class destinations like South Coast Plaza, Segerstrom Center, and John Wayne Airport, with effortless access to the 405, 55, and 5 freeways, this property commands premium rental rates.

Additional Information

Pool Description
None
Cooling Description
None
Garage Spaces Total
4
Sewer
Sewer Tap Paid
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$9,733
Operating Expense
1200

Listing courtesy of Listing Agent: Benny Huynh (benz_era@yahoo.com) from Listing Office: Advance Estate Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.