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626 E 3rd

Santa Ana, CA 92701
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Bed 4

Bed

Bath 4

Bath

SqFt1,740

Sqft

SqFt6,141

Sqft(Lot)

We are pleased to present the opportunity to acquire a turnkey investment property located at 626 E. 3rd St. in Santa Ana. The property consists of four (4) fully updated one-bedroom one-bathroom units that have undergone significant interior and exterior renovations by the current owner. Property upgrades include new appliances, flooring, kitchens, bathrooms, doors, double-pane windows, paint, and A/C units, all of which have been completed to code. A new owner will benefit from all units currently achieving market rents in addition to a recent rental increase for two units, allowing for ease of management and future annual rental increases in accordance with the City of Santa Ana rent control guidelines. There is an ability to further enhance yield with the implementation of a RUBS syste m to minimize the expense for water and trash. The property exudes pride of ownership and is ideally situated within walking distance of Downtown Santa Ana. The asset also benefits from a large ±6,141 SF lot and is zoned SD-84, which may allow for the addition of more units to the site - buyer to verify with the City of Santa Ana. Additionally, the property is conveniently located near public transportation, including Amtrak and Metrolink stations nearby. Residents are within walking distance to numerous downtown amenities, including 4th Street Market, The Copper Door, The Yost Theater, The Frida Cinema, Santa Ana Zoo, Main Place Mall, Riverview Golf Course, along with a variety of restaurants, entertainment, and nightlife destinations. The property also offers convenient access to the 5, 55, and 22 freeways, providing an easy commute throughout Orange County and surrounding areas. DRIVE BY ONLY. Please do not disturb the tenants. Call Listing Agent.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,300,000

AD Id : 79434441

MLS Id : PW26115970

Beds : 4

Lot Size : 6,141 Sqft

Living Area Size : 1,740

Year Built : 1920

County : Orange

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Feature Features

  • Building Information

    Year Built: 1920
    Building Area Total: 1740
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6141 Lot Size Acres: 0.141 Lot Size Source: Owner Lot Size Square Feet: 6,141 Lot Description: Landscaped,Paved

  • Listing Price Information

    Listing Price: $1300000
    Cash, Cash to New Loan, 1031 Exchange

  • Tax Information

    Parcel Number: 39848210 Tax Lot: 5 Tax Block: B

  • Location Information

    Direction: Exit 5 Freeway on 1st St. Head West on 1st St. Take a right on North Lacy St. Take Left on East 3rd St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1514 E 4th, Santa Ana, CA, 92701 $1,000,000 7 3 2,463 2,463 SqFt
626 N Grand, Santa Ana, CA, 92701 $1,200,000 3 2 1,519 1,519 SqFt
831 French Street, Santa Ana, CA, 92701 $849,000 3 4 2,065 2,065 SqFt
406 E Walnut, Santa Ana, CA, 92701 $1,199,900 5 3 2,677 2,677 SqFt
603 S Orange, Santa Ana, CA, 92701 $1,649,000 7 4.5 3,212 3,212 SqFt
335 Beverly, Santa Ana, CA, 92701 $1,060,000 5 3 1,884 1,884 SqFt
335 Beverly, Santa Ana, CA, 92701 $1,060,000 5 3 --
821 S Orange, Santa Ana, CA, 92701 $899,000 2 2 897 897 SqFt
530 S Broadway, Santa Ana, CA, 92701 $1,325,000 5 3.5 2,350 2,350 SqFt
604 S Van Ness Avenue, Santa Ana, CA, 92701 $775,000 1 1 --

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ByOwner last updated this listing 07/29/2026 @ 18:26

MLS: PW26115970 LISTED BY: Christian Espinoza, Greysteel California, Inc. 310-439-5794 SOURCE: CRMLS

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