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626 E 3rd, Santa Ana, CA 92701

Fourplex

626 E 3rd, Santa Ana, CA 92701 Sold September 2026 CRMLS
$1,200,000Sold September 2026

Listing Agent: Christian Espinoza (DRE #02062988) · Listing Office: Greysteel California, Inc. · Contact: 9493079469 · Bought with: Christian Espinoza · Greysteel California, Inc. · MLS #PW26115970 · Source: CRMLS

6,141 sqft
Lot Size
1920
Year Built
Fourplex
Type
2
Stories
0
Garage

How this sale compares

626 E 3rd sold for $1,200,000 in September 2026, 5.9% under its $1,275,000 list price, after 84 days on the market. It was first listed at $1,300,000. Across 66 closed sales in 92701 over the last 12 months, the median sold price is $510,000 and the median is $508 per square foot.

$508
92701 median per sq ft (12 mo)
$510,000
92701 median sold price (12 mo)
66
Closed sales in 92701 (12 mo)
84
Days on market
−5.9%
Sold vs. list price
QuarterClosed sales in 92701Median sold price
Q1 20263$910,000
Q2 202631$540,000
Q3 202632$487,800

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 92701

Description

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, double-pane windows, paint, and A/C units, all of which have been completed to code. A new owner will benefit from all units currently achieving market rents in addition to a recent rental increase for two units, allowing for ease of management and future annual rental increases in accordance with the City of Santa Ana rent control guidelines. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. The property exudes pride of ownership and is ideally situated within walking distance of Downtown Santa Ana. The asset also benefits from a large ±6,141 SF lot and is zoned SD-84, which may allow for the addition of more units to the site - buyer to verify with the City of Santa Ana. Additionally, the property is conveniently located near public transportation, including Amtrak and Metrolink stations nearby. Residents are within walking distance to numerous downtown amenities, including 4th Street Market, The Copper Door, The Yost Theater, The Frida Cinema, Santa Ana Zoo, Main Place Mall, Riverview Golf Course, along with a variety of restaurants, entertainment, and nightlife destinations. The property also offers convenient access to the 5, 55, and 22 freeways, providing an easy commute throughout Orange County and surrounding areas.

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

Sale history

$1,200,000
Sold September 2026 · listed $1,275,000, orig. $1,300,000, on market May 2026, 84 days on market · MLS #PW26115970 · Source: CRMLS
Listing Agent: Christian Espinoza · Listing Office: Greysteel California, Inc. · Contact: 9493079469 · Bought with: Christian Espinoza · Greysteel California, Inc.

Recent sales near 626 E 3rd

Closed sales reported in 92701, nearest first, last 12 months. All recent sales in Santa Ana →

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