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Sold for $1,535,000 · Nov 2023

SOLD

Listed at $1,600,000

Sold

2516 S Baker Street, Santa Ana, CA 92707

Santa Ana, CA

MLS# OC23158196

3,500 Sq Ft • Quadruplex
36 days on market

Listing Agent

Shelly Kay Hilliard

Listing Agent

Coldwell Banker Realty

DRE #: 01968101

Brokerage: Coldwell Banker Realty

Property Details

N/A

Bedrooms

N/A

Bathrooms

3,500 sqft

Square Feet

1958

Year Built

6,098 sqft

Lot Size

$439

Price/Sq Ft

4

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

Introducing an extraordinary opportunity: an exclusive 4-unit multi-family investment nestled in the heart of Santa Ana, boasting an attractive 5% Cap rate. Experience a blend of excellence with (4) 2 Bed/1 Bath units, offering a total of 3,500 square feet of rentable space. Enhancing the allure, each tenant enjoys the luxury of a private 1-car garage, while Unit A & B offer their own secluded backyard/patio retreats. Recent light renovations have graced each unit, infusing a touch of modernity and revitalization. Elevating convenience, every unit is individually equipped with gas and electricity meters. Commanding a prime position on an expansive 6098 square foot lot, this property enjoys a coveted location within a mile of South Coast Metro and the central artery of Orange County's freeway network. This facilitates direct routes to Los Angeles, San Diego, and the Inland Empire. Notably, the property's accessibility is exceptional: a mere (5) minutes from John Wayne Airport, (45) minutes from LAX, and just (60) minutes from San Diego.

Listing description from the November 2023 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
WallWindowUnits
Heating
WallFurnace

Sale history for 2516 S Baker Street

1 recorded sale

$1,535,000
Sold November 2023 · listed $1,600,000, on market August 2023, 36 days on market · MLS #OC23158196 · Source: CRMLS
Listing Agent: Shelly Kay Hilliard · Listing Office: Coldwell Banker Realty · Contact: 714-580-4500 · Bought with: Kristine Ng · COMPASS

How this sale compares

2516 S Baker Street sold for $1,535,000 in November 2023, 4.1% under its $1,600,000 list price, after 36 days on the market. Across 111 closed sales in 92707 over the last 12 months, the median sold price is $820,000 and the median is $624 per square foot.

$624
92707 median per sq ft (12 mo)
$820,000
92707 median sold price (12 mo)
111
Closed sales in 92707 (12 mo)
36
Days on market
−4.1%
Sold vs. list price
QuarterClosed sales in 92707Median sold price
Q1 202610$850,000
Q2 202651$795,000
Q3 202638$835,000
Q4 202612$765,000

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 2516 S Baker Street

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

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