Residential Income Property with
New
For Sale
$499,000
1272 E McFadden, Santa Ana, CA 92705
The two-level layout separates living and dining areas, with bedrooms upstairs and a private covered patio outside.
Property Size1,095 SF
Price / SF$455.71
Days on Market6
Property Features for 1272 E McFadden
General Information
Standard status
Active
Size
1,095 SF
Total Parking Spaces
1
Property subtype
Commercial
Site & Location
Neighborhood
Cornerstone Village
Additional Details
Multifamily Units
1
Amenities
indoor laundry area
private covered patio
Building Details
Year Built
1972
Listing Agency:
Greenfield Realty
Listed By:
Eric Tran erictran1@kim-es.com
Source:
Viewsandiegohouses
Added: Oct 26
Changed: Oct 30
Last Checked: Oct 30 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greenfield Realty
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Investment Insights
Based on property information with market context.
This two-story condominium contains approximately 1,095 square feet, with three bedrooms and one full bathroom plus a half bath. The living room and separate dining area connect to a kitchen finished with granite countertops, wood cabinetry, and tile flooring. Bedrooms are upstairs and feature laminate wood floors and closets. Additional features include indoor laundry and a covered private patio. A one-car garage provides overhead storage. The building dates to 1972.
The property is in Santa Ana, with access to shopping, dining, and major roadways. Interior finishes include ceiling fans and a granite countertop vanity in the full bathroom, which has a shower-over-tub configuration with sliding glass doors.
The property is in Santa Ana, with access to shopping, dining, and major roadways. Interior finishes include ceiling fans and a granite countertop vanity in the full bathroom, which has a shower-over-tub configuration with sliding glass doors.
Key Highlights
- Two‑story condominium with approximately 1,095 square feet
- 3 bedrooms, 1 full bathroom, and 1 half bathroom
- Built in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,600
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,000
$352.0K
Cap Rate 7%
$251,429
$251.4K
Cap Rate 9%
$195,556
$195.6K
Market Conditions
NOI Build-Up for 1,095 SF
Gross rent
$33.5K $30.60/SF
− Vacancy
−$1.5K −$1.38/SF
EGI
$32.0K $29.22/SF
− OpEx
−$14.4K −$13.15/SF
NOI
$17.6K $16.07/SF
Area
ZIP 92705
Vacancy
4.50%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,000
Cap Rate 7%
$251,429
Cap Rate 9%
$195,556
Alternative Uses
Best Use
Apartment 5plus
$251.4K
$220.0K – $293.3K
NOI $17,600 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$329.1K
$288.0K – $383.9K
NOI $23,036 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,722
Businesses Nearby
Explore this area
Business Placement
Demographics for 92705, CA
45,902
Population
16,642
Households
2.8
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
11.8 sq mi
ZIP Area
3,890
Density / Sq Mi
$125,928
Median Household Income
$51,830
Median Earnings
$2,250
Median Rent
$1,135,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The two-level layout separates living and dining areas, with bedrooms upstairs and a private covered patio outside.
Where is this residential income property located?
The property is located at 1272 E McFadden Santa Ana, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑story condominium with approximately 1,095 square feet; 3 bedrooms, 1 full bathroom, and 1 half bathroom; Built in 1972
