Est. cap rate

2.9%

Assumed rent, all units

$8,880/mo

Units

4

Price per unit

$456,250

Est. annual NOI

$53,280

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

Quadruplex

Bedrooms

4

Building size

3,797 sqft

Lot size

6,098 sqft

Year built

1983

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

56

MLS #

243813237

About this property

POTENTIAL SELLER FINANCING. An exceptional investment opportunity, this turnkey 4-unit multifamily property near the Santa Ana Civic Center offers immediate, stabilized cash flow with minimal deferred maintenance. Built in 1983 and extensively renovated in 2024, the asset features a highly desirable mix of four spacious two-bedroom, one-bathroom units. Investors will benefit from significant recent capital expenditures, including modernized interiors, dual pane windows, new flooring, and refreshed fixtures throughout. Every unit boasts its own private balcony or patio and washer/dryer hookups. Situated in one of North Orange County’s strongest rental markets, the property provides excellent proximity to major employment hubs, transit options, and downtown dining. This low-maintenance asset is an ideal addition to any private portfolio or the perfect upleg for a 1031 exchange.

Location

1610 W Civic Center

Santa Ana, Orange, CA, 92703