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Sold for $120,000 · Nov 2026

SOLD

Listed at $1,200,000

Sold

1617 Cedar, Santa Ana, CA 92707

Santa Ana, CA

MLS# PW26160740

3,279 Sq Ft • Quadruplex
74 days on market

Listing Agent

Matthew Hoyt

Listing Agent

Hoyt Real Estate, Inc.

DRE #: 01426139

Brokerage: Hoyt Real Estate, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

3,279 sqft

Square Feet

1963

Year Built

6,970 sqft

Lot Size

$37

Price/Sq Ft

4

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

We are pleased to present 1617 S. Cedar Street, a four-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of all two-bedroom/one-bath homes, including three single-story units and one unit over garage — offering tenants the feel of individual home living rarely found in multi-family housing. Each unit includes its own private garage, in-unit laundry hookups, and all units are separately metered for gas and electric — resulting in zero utility expense for the owner. Three of the four units feature large fenced private patios. Additional street and alley parking provides tenants convenience beyond their individual garages. The alley has recently been repaved in concrete, reducing future maintenance costs. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.

Listing description from the November 2026 sale, as reported to CRMLS.

Sale history for 1617 Cedar

1 recorded sale

$120,000
Sold November 2026 · listed $1,200,000, orig. $1,250,000, on market July 2026, 74 days on market · MLS #PW26160740 · Source: CRMLS
Listing Agent: Matthew Hoyt · Listing Office: Hoyt Real Estate, Inc. · Contact: 949-283-1696 · Bought with: Julio Cesar Cruz-Amilcar · Alta Realty Group CA, Inc.

How this sale compares

1617 Cedar sold for $120,000 in November 2026, 90% under its $1,200,000 list price, after 74 days on the market. It was first listed at $1,250,000. Across 113 closed sales in 92707 over the last 12 months, the median sold price is $820,000 and the median is $625 per square foot.

$625
92707 median per sq ft (12 mo)
$820,000
92707 median sold price (12 mo)
113
Closed sales in 92707 (12 mo)
74
Days on market
−90%
Sold vs. list price
QuarterClosed sales in 92707Median sold price
Q1 202610$850,000
Q2 202651$795,000
Q3 202638$835,000
Q4 202614$682,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Ana · Homes for sale in 92707

Recent sales near 1617 Cedar

Closed sales reported in 92707, nearest first, last 12 months. All recent sales in Santa Ana →

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