1526 East 4th Street

Santa Ana, CA 92701

$850,000
Last Sold Price
4
Beds
4
Baths
2,250 Sq. Ft.
$378 / Sq. Ft.
2,250
Sq. Ft.
$378
per Sq. Ft.

Description

1526-28 E 4th St./327-329 Eastside Ave is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1953, the property offers 4 one-bedroom, one-bath units, in addition to tremendous rental upside potential with an interior renovation plan. The property is situated on a large lot of +/-11,102 SF and is zoned P (Professional), allowing a developer the option to build an office building, banks, finance companies ect., or add 5+ units, which increases the potential of multiple ADU...1526-28 E 4th St./327-329 Eastside Ave is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1953, the property offers 4 one-bedroom, one-bath units, in addition to tremendous rental upside potential with an interior renovation plan. The property is situated on a large lot of +/-11,102 SF and is zoned P (Professional), allowing a developer the option to build an office building, banks, finance companies ect., or add 5+ units, which increases the potential of multiple ADU additions, should the buyer want more rental income and additional tax benefits with the property being situated in an opportunity zone. There is potential to further enhance yield with the implementation of a RUBS program for water, sewer, and trash. The property is located minutes from Downtown Santa Ana, the Santa Ana Metrolink, 4th St Market, the OC Streetcar rail, Santa Ana Zoo, Main Place Mall, and the Santa Ana DMV. The property is ideally located near the 5 & 55 FWY for an easy commute.
  1. Listed by David Harrington • DRE #01320460 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services

Property Details for 1526 East 4th Street

Parcel Number
39843103
Total Units
4.0
Living Area
2250
Source Living Area
Vendor Enhanced
Area
Santa Ana North of First (70)
Vacancy Rate
3
Lot Size Area
11191
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Sold By Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Add your commute
LISTING UPDATED: 09/26/2022 11:31 AM

Property Details for 1526 East 4th Street

StatusSold
MLS #22-190571
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.26 AC / 11,191 SF
CountyOrange County

Location

Listing Courtesy of Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Sold By Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Add your commute

Building Information for 1526 East 4th Street

Stories-Residences-Year Built1953Building Size-Lot Size0.26 AC / 11,191 SF

Payment Calculator

$5,510 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$871

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1526 East 4th Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 4 Units
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $45,864
  • Net Operating Income: $27,884.00
  • Gross Income: $46,800
  • Gross Rent Multiplier: $20.30
  • Total Annual Expense: 17980
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2569
  • Lot Size Square Feet: 11191
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached, Public
  • Total Parking: 4
  • Parking Features: Public
  • Attached Garage: Yes
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-17-2022
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $975.00
  • Unit Actual Rent: $3,900.00
  • Unit Projected Rent: $6,400.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $51,612.00
  • Assessed Improvement Percent: 48.68
  • Assessed Land Value: $54,407.00
  • Assessed Land Percent: 51.32
  • Assessed Total Value: $106,019.00

Property History for 1526 East 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1526 East 4th Street

Taxable ValueLand$758,048Additions$91,952Total$850,000
Tax Record2023$10,453 ($871 / month)
Home Facts
Total Finished SqFt2,250 SqFtAbove Grade Finished SqFt2,250 SqFtLot Size11,102 SqFtStyleMulti-Family Res (5+ Units)Year Built1953CountyORANGEAPN398-431-03

Schools near 1526 East 4th Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Theodore Roosevelt Elementary School
PublicK to 5

Sierra Preparatory Academy
Public6 to 8

Century High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.