92706 Homes with Quadruplex Subtype

Welcome to the vibrant community of Santa Ana, California, nestled in the heart of Orange County and known for its rich cultural heritage and dynamic urban lifestyle. The zip code 92706 encompasses a diverse array of neighborhoods, each offering its unique charm and character. With its close proximity to major freeways and public transportation, residents enjoy easy access to all that Southern California has to offer, from stunning beaches to bustling city life.

One of the standout features of this area is the availability of quadruplex homes, perfect for those looking to invest in multi-family living or generate rental income. Quadruplexes in 92706 provide an excellent opportunity for both seasoned investors and first-time buyers. These properties typically consist of four separate units, allowing for a smart and efficient investment strategy. With the rising demand for rental properties in Santa Ana, owning a quadruplex can be a lucrative venture, offering the potential for significant returns.

In addition to investment potential, living in a quadruplex can foster a sense of community. Residents can enjoy the benefits of close-knit relationships with neighbors while maintaining their privacy. The surrounding neighborhoods boast a variety of amenities, including parks, shopping centers, and dining options, ensuring that every resident finds something to love about their new home.

Whether you're looking to invest or seeking a unique living arrangement, the quadruplex homes in the 92706 area of Santa Ana offer a fantastic opportunity to embrace the California lifestyle while making a smart financial decision. Explore the possibilities today and discover your new home in this thriving community!

Newest 92706 Homes with Quadruplex Subtype

$1,475,000

PW26165315 MLS ⋅ Active Status

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 demand driven by its close proximity to Santa Ana College, Downtown Santa Ana, major employment centers, public transportation, and a wide variety of shopping, dining, entertainment, and lifestyle amenities. Residents also enjoy convenient access to the 5, 22, 55, and 57 Freeways, providing excellent regional connectivity throughout Orange County. This offering presents investors with the rare opportunity to acquire a well-located multifamily asset featuring meaningful rental upside, multiple value-add strategies, and long-term development potential in one of Orange County's most sought-after rental markets.

1735 W Washington, Santa Ana

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.