$1,499,000
508 W Edinger, Santa Ana CA 92707
Multi-Family (4 Units)
Property type
66 days
On market
$487
Price per sqft
4 cars
Garage
1939
Year built
14,375 sqft
Lot size
Open Houses
Overview
GREAT FRONTAGE APPEAL PROPERTY. 4 COTTAGES SINGLE FAMILY HOME IN 1 LOT. OVER 14300+ SQFT LOT SIZE. HIGH PROTENTIAL TO REBUILD TO GAIN MORE UNITS AND INCOMES. FACING THE EDINGER STREET FRONT ROW. MUST SEE !! 4 ADDRESS : 504, 506, 508 EDINGER W, SANTA ANA AND 1508 ROSS STREET S. SANTA ANA. ALL ARE TENANTS OCCUPIED NOW. VALUE IN LAND. SOLD AS IS. IT IS CONTRACTOR'S...
Listing provided by: Ming Chen DRE #01160056 949-836-7010, RE/MAX Connections
Listing updated: Apr 1, 2026 at 01:13pm.
Last checked: Jun 5, 2026 at 07:01pm
Source: CRMLS #OC26050036
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $1,566 | $18,792 | $25,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,602 | $19,224 | $25,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,669 | $20,028 | $27,600 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,555 | $18,660 | $22,800 | Unfurnished |
# of Buildings: 4
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 4
Rent Control: Yes
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
20.8x
List Price / Annual Gross Rent
Cap Rate
4.0%
NOI / List Price
Gross Scheduled Income: $72,000
Operating Expense: $11,610
Net Operating Income: $60,000
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $9,700
Trash: $0
Water / Sewer: $950
Other Expense: $960
Interior
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Common Walls: No Common Walls
Lot Features: Sixteen To Twenty Units Acre
Pool: None
Water Source: Public
Sewer: Shared Septic, Septic Type Unknown
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 01319332
Additional Parcels: No
Tax Lot: 2
Tax Block: E
Subdivision: Others
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 508 W Edinger, Santa Ana, CA 92707. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,199,200
Total Interest
$1,529,514
Total Payment
$2,728,714
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,291
per month
Property History for 508 W Edinger
Santa Ana Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92707.
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