One of those investment opportunities in Santa Ana that has multiple ways to create value. Located in an area with strong rental demand and low vacancy, this property sits on a large, usable 7,000 sq. ft. lot with plenty of room to grow. The property consists of three units: 2-bedroom 1-bath unit, a 1-bedroom 1-bath unit, and a move-in-ready studio above the rear garage. Continue collecting income from the occupied 2-bedroom unit while renovating the front 1-bedroom unit and maximizing the studio's rental potential to achieve top market rents. This flexible setup makes it an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking to maximize cash flow at market rates. The real story here is the upside. The property includes two separate garage structures that may offer future ADU conversion potential (buyer to verify), giving buyers the opportunity to add additional units and increase income over time. With some improvements, the property has the potential to bring in approximately $6,200 per month in gross rental income. Large lots, multiple units, ample parking, and future development potential are getting harder to find in Santa Ana. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while collecting rent from two additional units, this property offers flexibility with room to improve and grow.

Listed by OMAR ANSARI of eXp Realty of Greater Los Angeles (951) 642-6984



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026