502 E Wellington AVE, Santa Ana, CA 92701
502 E Wellington AVE, Santa Ana, CA 92701
502 E Wellington AVE, Santa Ana, CA 92701
502 E Wellington AVE, Santa Ana, CA 92701
502 E Wellington AVE, Santa Ana, CA 92701
502 E Wellington AVE, Santa Ana, CA 92701
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$ 1,495,000
Est. payment | /mo

8,276 Sqft Lot


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$ 1,495,000
Est. payment | /mo
Save

8,276 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25101546

HOA Y/N No

Year Built 1929

Tax Year 2025

Lot Size 8,276 Sqft

Property Sub-Type Multi Family

Property Description

Located in Santa Ana's French Park, we have a 6-unit apartment complex, all 2-bedroom, 1-bath units separated between 2 buildings on this corner lot. Two of the units sit above two 1-car garages, with dedicated surface parking for the other four units. Both buildings are 2-story Mediterranean-style with wood-frame windows, washer/dryer hookup in each unit, exterior balconies, and good curb appeal. This is a great value-add opportunity with favorable floor plans. May qualify for the Mills Act property tax act. Call city for details.
Potential rents $ 2,295 x6= $137, 700 Actual rents are $90,024

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Fireplace No

Laundry Common Area, In Kitchen, Laundry Room, Outside, Stacked

Exterior

Fence Block

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Spanish Tile

Present Use Multi-Family

Building

Lot Description 0-1 Unit/Acre, Rectangular Lot

Story 2

Water Public

Others

Tax ID 39803201

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Albert Ricci Ricci Realty 714-231-6058, DRE #01011606

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .
 
Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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502 E Wellington AVE