About the Listing OC07859 - SPITTJEF

Rare ROI opportunity in Santa Ana's Wilshire Square—this fully occupied fourplex is delivering exceptional returns with a projected $9,800/month in rental income and a high cap rate that outperforms the market. With separately metered utilities keeping owner expenses minimal and a proven tenant base already in place, this property offers immediate cash flow from day one. Whether you're scaling your multifamily portfolio or making your first investment move, this is the kind of deal that checks every box: strong numbers, solid location, and real upside as Santa Ana continues its revitalization. One unit is currently vacating, opening the door to the new $3,000/month lease that pushes total income from $9,300 to $9,800. This prime 4-unit building features a smart unit mix—two spacious 2-bedroom/1-bath units and two efficient 1-bedroom/1-bath units. The recently remodeled downstairs 2BR is renting for $2,800/month, the upstairs 2BR is being upgraded and will lease at $3,000/month, and both 1BR units (one with a newly updated kitchen) are leased at $2,000/month each. That's $9,800 in stable monthly income. A shared on-site laundry room adds tenant convenience and potential for additional revenue. Location drives value, and this property delivers. Situated in the desirable historic Wilshire Square neighborhood, you're minutes from the Bowers Museum, Santa Ana Zoo, Santa Ana College, and Mater Dei High School, with the cafés, dining, and energy of Main Street and Downtown Santa Ana nearby. Freeway access to the 5, 55, and 22 makes commuting easy, which keeps vacancy low and demand high. This fourplex blends neighborhood character with urban accessibility—exactly what today's renters want and investors need. Drive by only—please do not disturb tenants.

Listing Highlights