Est. cap rate

3.0%

Assumed rent, all units

$6,660/mo

Units

3

Price per unit

$449,667

Est. annual NOI

$39,960

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

4

Bathrooms

4

Building size

1,695 sqft

Lot size

4,356 sqft

Year built

1957

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

124

MLS #

243467245

About this property

Excellent opportunity to acquire a well-maintained, fully leased 4-unit residential income property in a central, high-demand Santa Ana location. All units are fully occupied, providing immediate cash flow and stable, long-term tenancy. Each unit has been tastefully updated and offers desirable features such as fresh interior paint, recessed lighting, modern wood-style flooring, and remodeled kitchens with granite countertops, white cabinetry, and stainless-steel appliances. The units enjoy bright, open layouts with upgraded bathrooms showcasing contemporary tile finishes and fixtures. The property includes on-site community laundry facilities, adding convenience for residents. Driveway parking is available for tenants. Located near major freeways, shopping, dining, schools, and employment centers, this multifamily asset benefits from strong rental demand and consistent occupancy.

Location

825 S Shelton Street

Santa Ana, Orange, CA, 92703