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    208 N Wright St Santa Ana, CA 92701

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    For Sale
    $1,550,000

    Three-unit property with long-term tenants and potential rent increases.

    Lot size:
    0.25 Acres

    Property Features for 208 N Wright St

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1979

    Source: Action Star Realty, Inc. Agent Wayne Yang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Triplex in Santa Ana

    This well-maintained triplex features a 1,500 square foot freestanding house with three bedrooms and two bathrooms, complemented by front and back yards. At the rear of the lot, there are two additional apartments, each with two bedrooms and one bathroom, situated in an up-and-down configuration. The property is currently occupied by long-term tenants. The units are easy to rent, and there is an opportunity to increase rents. The property is separately metered for gas and electric. It is located close to schools, shopping, the zoo, public transportation, and other amenities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.8473221
    Latitude
    33.7466691

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    FAQs

    What type of property is this?
    Triplex - Three-unit property with long-term tenants and potential rent increases.
    Where is this triplex located?
    The property is located at 208 N Wright St Santa Ana, CA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Well-maintained 3-plex in great condition.; - Front house is a freestanding 3 bed, 2 bath home with front and back yard.; - Opportunity to increase rents.
    (909) 612-9083
    Request Owner's contact information
    208 N Wright St Santa Ana, CA 92701
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    Santa Ana, CA 92701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    208 N Wright St Santa Ana, CA 92701
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