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1,600 sqft

$1,180,000

1516 W 5th, Santa Ana CA, 92703

Price per sqft$737.50
Built in1951
Property size1,600 sqft
Property typeMulti-family

Overview

Active

Listed Oct 7, 2026

Updated 33h ago

Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring, and newly installed AC and heating units for year-round comfort. Externally, the property boasts major aesthetic curb appeal alongside a freshly paved parking lot that provides eight dedicated spots—rendering it exceptionally overparked for a fourplex. Perfect for owner-occupied financing, one unit can be delivered vacant at closing, while the remaining units are leased to qualified residents commanding strong market rents. Situated just minutes from Downtown Santa Ana, Santa Ana College, the Civic Center, and major freeway corridors, this property offers unbeatable access to key local points of interest. Please contact agent to inquire about purchasing the ADJACENT fourplex.

$7,851/mo

Est. mortgage payment based on a $1,180,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NP26218335

Interior Features

Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Maintenance Expense
$1,400
55+/Senior Community
No

Also listed on CLAW

Listed by Randall Mycorn, R L M Equities, CA DRE 02078223

Listing Contact: 949-573-5309 

Based on information from the CRISNet MLS as of 10/9/2026, 7:03 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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