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    2732 West Orion Ave Santa Ana, CA 92704

    For Sale
    $1,710,000

    Four-unit multifamily property in Santa Ana, near South Coast Plaza.

    Lot size:
    0.18 Acres

    Property Features for 2732 West Orion Ave

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1970

    Source: Nara Advisors Agent Christian Espinoza

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

    Overview

    Santa Ana Multifamily Investment Property

    Located in Santa Ana, CA, 2732 W. Orion Ave is a Covington Style four-unit multifamily investment property. Constructed in 1970, the property comprises one 3-bedroom 2-bath unit, one 2-bedroom 2-bath unit, one 2-bedroom 1.5-bath unit, and one 2-bedroom 1-bath unit. Each unit includes a private garage, increasing tenant demand and offering additional income potential. The property shows pride of ownership. There is an opportunity to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. The property is ideally located minutes from South Coast Plaza, Metro Pointe, The Camp, The Lab, Segerstrom Center, John Wayne Airport, Orange County Museum of Art, Santa Ana College, Mater Dei High School. The property is ideally located near the 405, 55 and 5 FWY for an easy commute. This property is being sold alongside another property at 3626 S. Marine St., and can be sold as a portfolio or individually.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.905995
    Latitude
    33.69885

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Santa Ana, near South Coast Plaza.
    Where is this quadplex located?
    The property is located at 2732 West Orion Ave Santa Ana, CA.
    What is the asking price?
    The asking price for this property is $1,710,000.
    What are key features of this property?
    This property features: - Four-unit multifamily investment property in Santa Ana.; - Includes **four private garages, enhancing tenant demand and income potential.**; - Unit mix: (1) 3-bedroom 2-bath, (1) 2-bedroom 2-bath, (1) 2-Bedroom 1.5-Bath and (1) 2- bedroom 1-Bath.
    (949) 307-9469
    Request Owner's contact information
    2732 West Orion Ave Santa Ana, CA 92704
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    Santa Ana, CA 92704
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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
    2732 West Orion Ave Santa Ana, CA 92704
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