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Rachel Hanson

rachelhansonrealty@gmail.com +1(951) 215-7772

$1,900,000

Est. payment - /mo

7,840 Sqft Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Other.

MLS Listing ID OC26225906

HOA Y/N No

Year Built 1970

Lot Size 7,840 Sqft

Property Sub-Type Apartment

Property Description

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

State CA

County Orange

Area 69 - Santa Ana South Of First

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Parking Features None

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Senior Community No

Tax ID 41401201

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Benny Huynh Advance Estate Realty 714-757-6283, DRE #01756802

NEARBY SCHOOL & BUSINESS

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2732 W Orion Santa Ana, CA 92704