1735 Washington, Santa Ana, CA 92706
Local realty services provided by:ERA North Orange County Real Estate
1735 Washington,Santa Ana, CA 92706
$1,475,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christian espinoza
Office: greysteel california, inc.
MLS#:PW26165315
Source:MLSListings
Price summary
- Price:$1,475,000
About this home
We are pleased to present the opportunity to acquire a multifamily asset located at 1735 W. Washington Avenue in Santa Ana. The property consists of four (4) units situated on an expansive ±13,068 SF lot, featuring a unique unit mix of (2) detached two-bedroom, one-bathroom single-family homes and (1) duplex comprised of (2) one-bedroom, one-bathroom units. The property is occupied by long-term tenants, providing consistent rental income with significant upside through strategic asset management, renovation of the existing improvements, and the repositioning of rents over time. Investors also have the opportunity to further enhance cash flow through the implementation of a RUBS (Ratio Utility Billing System) program to offset water and trash expenses, while benefiting from future annual rental increases in accordance with the City of Santa Ana's rent control guidelines. The oversized lot presents a rare opportunity to further maximize the property's value through the potential development of ADU’s, creating a compelling long-term value-add investment opportunity (Buyer to verify development potential and feasibility with the City of Santa Ana). Ideally located in one of Santa Ana's established residential neighborhoods, the property benefits from strong and consistent rental dema...
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Home facts
- Year built:1950
- Listing ID #:PW26165315
- Added:58 day(s) ago
- Updated:September 28, 2026 at 04:40 PM
Structure and exterior
- Year built:1950
- Lot area:0.3 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,475,000
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