$1,495,000

502 E Wellington Avenue, Santa Ana, CA 92701

5,018 sqft

Multi-Family Home
Built in 1929
8,276sqft lot
—— car garage
$298/sqft
Listed 1 year ago

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

Listing Status:: Active
Date Added:: May 13, 2025
Data Last Updated:: May 20, 2026 at 3:16PM
Listing Office:: Ricci Realty : 714-633-3600
Listing Agent:: Albert Ricci : 714-633-3600
MLS ID:: PW25101546

Laundry: Common AreaIn KitchenLaundry RoomOutsideStacked

Roofing: Spanish Tile
General: Stucco2

Originating MLS: CRMLS_CRM
County: Orange

Zoning: 39803201
Fencing: Block
Current Use: Multi-Family

Utilities: Electricity ConnectedSewer ConnectedWater ConnectedStandard
Water: Public

Source: CRMLS_CRM
Exclusions: All tenants personal property

This listing courtesy of Albert Ricci , Ricci Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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