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$ 1,250,000
Est. payment /mo
New
1617 Cedar Santa Ana, CA 92707
3 Beds
1 Bath
6,970 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26160740
Bedrooms 3
Lot Size 6,970 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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 three two-bedroom/one-bath homes, including three single-story units and one large one bedroom 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.
Location
State CA
County Orange
Zoning Assessor
Direction Edinger to Cedar
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 01424228
Acceptable Financing Cash
Listing Terms Cash
Listed by Matthew Hoyt, DRE#01426139 Hoyt Real Estate, Inc.