2516 S Baker Street, Santa Ana, CA 92707

About this fourplex

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.

Sale history

$1,535,000

Sold November 2023 · listed $1,600,000, on market August 2023 · MLS #OC23158196 · Source: CRMLS

Listing Agent: Shelly Kay Hilliard · Listing Office: Coldwell Banker Realty · Contact: 714-580-4500 · Bought with: Kristine Ng · COMPASS

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