502 E Wellington AVE, Santa Ana, CA 92701
502 E Wellington AVE, Santa Ana, CA 92701
502 E Wellington AVE, Santa Ana, CA 92701
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$1,495,000
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8,276 Sqft Lot
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502 E Wellington AVE Santa Ana, CA 92701

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Darren Wade

Darren Wade

+1(559) 312-7467

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25101546

HOA Y/N No

Year Built 1929

Tax Year 2025

Lot Size 8,276 Sqft

Property Sub-Type Multi Family

Property Description

Located in Santa Ana's French Park, we have a 6-unit apartment complex, all 2-bedroom, 1-bath units separated between 2 buildings on this corner lot. Two of the units sit above two 1-car garages, with dedicated surface parking for the other four units. Both buildings are 2-story Mediterranean-style with wood-frame windows, washer/dryer hookup in each unit, exterior balconies, and good curb appeal. This is a great value-add opportunity with favorable floor plans. May qualify for the Mills Act property tax act. Call city for details.
Potential rents $ 2,295 x6= $137, 700 Actual rents are $90,024

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Fireplace No

Laundry Common Area, In Kitchen, Laundry Room, Outside, Stacked

Exterior

Fence Block

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Spanish Tile

Present Use Multi-Family

Building

Lot Description 0-1 Unit/Acre, Rectangular Lot

Story 2

Water Public

Others

Tax ID 39803201

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Albert Ricci Ricci Realty 714-231-6058, DRE #01011606

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate License ID: 01910957

+1(559) 312-7467

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502 E Wellington AVE