Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

4

Building size

4,553 sqft

Lot size

7,841 sqft

Year built

1970

Stories

2

Garage spaces

4

Cooling

None

Pool

None

Status

Active

Days on market

0

MLS #

248741724

About this property

Unlock a rare, high-yield multifamily asset in the heart of Orange County. Located at 732 W. Orion Ave, Santa Ana, this coveted "Covington Style" fourplex stands out as a prime investment built for strong rental demand and long-term appreciation. The diverse, high-occupancy unit mix features one 3BR/2BA, one 2BR/2BA, one 2BR/1.5BA, and one 2BR/1BA unit—all meticulously maintained, showcasing true pride of ownership. Investors can immediately boost their bottom line and maximize yields by implementing a RUBS system for water and trash utilities. Further driving tenant retention are four private, dedicated garages that offer lucrative secondary income potential. Positioned just minutes from world-class destinations like South Coast Plaza, Segerstrom Center, and John Wayne Airport, with effortless access to the 405, 55, and 5 freeways, this property commands premium rental rates.

Location

2732 W Orion

Santa Ana, Orange, CA, 92704