$1,850,000
Multi-Family (Fourplex)
Property type
1 day
On market
$487
Price per sqft
0 cars
Garage
1983
Year built
6,098 sqft
Lot size
POTENTIAL SELLER FINANCING. An exceptional investment opportunity, this turnkey 4-unit multifamily property near the Santa Ana Civic Center offers immediate, stabilized cash flow with minimal deferred maintenance. Built in 1983 and extensively renovated in 2024, the asset features a highly desirable mix of four spacious two-bedroom, one-bathroom units. Investors will benefit...
Listing provided by: Randall Mycorn DRE #02078223, R L M Equities
Listing updated: Jun 16, 2026 at 08:03pm.
Last checked: Jun 16, 2026 at 08:30pm
Source: CRMLS #NP26127122
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 1 | — | $2,658 | $5,316 | $2,695 | Unfurnished |
| 2 | 2 | 1 | — | $2,555 | $5,110 | $2,595 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 5
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Gross Rent Multiplier
14.2x
List Price / Annual Gross Rent
Cap Rate
4.61%
NOI / List Price
Gross Scheduled Income: $129,853
Vacancy Allowance Rate: 3%
Operating Expense: $40,631
Net Operating Income: $85,327
Electric: $107
Gardener: $2,500
Fuel: $0
Insurance: $2,688
Maintenance: $4,890
New Taxes: $21,659
Trash: $5,398
Water / Sewer: $2,389
Other Expense: $1,000
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: 1
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage Spaces: 0
Uncovered Spaces: 8
Carport Spaces: 4
Parking Total: 12
Land Lease: No
Common Interest: None
Parcel #: 40504404
Additional Parcels: No
Tax Lot: 38
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban
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.
Data last updated: 8:30 pm on June 16, 2026.
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