$1,300,000
626 E 3rd, Santa Ana CA 92701
Multi-Family (Fourplex)
Property type
8 days
On market
$747
Price per sqft
0 cars
Garage
1920
Year built
6,141 sqft
Lot size
Open Houses
Overview
We are pleased to present the opportunity to acquire a turnkey investment property located at 626 E. 3rd St. in Santa Ana. The property consists of four (4) fully updated one-bedroom one-bathroom units that have undergone significant interior and exterior renovations by the current owner. Property upgrades include new appliances, flooring, kitchens, bathrooms, doors,...
Listing provided by: Christian Espinoza DRE #02062988 949-307-9469, Greysteel California, Inc.
Listing updated: May 29, 2026 at 01:27pm.
Last checked: Jun 2, 2026 at 11:00am
Source: CRMLS #PW26115970
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,900 | $1,900 | $1,950 | Unfurnished |
| 1 | 1 | 1 | — | $1,900 | $1,900 | $1,950 | Unfurnished |
| 1 | 1 | 1 | — | $1,950 | $1,950 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,950 | $1,950 | $2,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
14.1x
List Price / Annual Gross Rent
Cap Rate
5.34%
NOI / List Price
Gross Scheduled Income: $92,400
Operating Expense: $20,257
Net Operating Income: $69,371
Annual Operating Expenses
Electric: $110
Fuel: $614
Insurance: $2,175
Maintenance: $1,200
New Taxes: $14,554
Trash: $629
Water / Sewer: $975
Interior
Laundry: Common Area
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Landscaped, Paved
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned, Driveway
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 39848210
Additional Parcels: No
Tax Lot: 5
Tax Block: B
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 626 E 3rd, Santa Ana, CA 92701. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,040,000
Total Interest
$1,326,463
Total Payment
$2,366,463
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,078
per month
Property History for 626 E 3rd
Santa Ana Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92701.
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