Two-Unit Duplex with Private
For Sale
$1,150,000
1514 E 4th, Santa Ana, CA 92701
Separate residences offer individual outdoor space, laundry areas, and shared access to a two-car garage.
Property Size2,463 SF
Lot Size0.22 Acres
Days on Market142
Property Features for 1514 E 4th
General Information
Standard status
Active
Size
2,463 SF
Lot size
0.22 Acres
Property subtype
Duplex
Units
Unit Mix
1 x 5BR/1.5BA, 1 x 2BR/1.5BA
Multifamily Units
2
Amenities
fireplace
covered patio
private yard
laundry area
mature fruit trees
Building Details
Building Size
2,463 SF
Year Built
1948
Listing Agency:
Circa Properties, Inc.
Listed By:
Young Park · License #01930023
(949) 433-8988
Source:
Stephanieyounggroup
Added: Jun 1
Changed: Oct 20
Last Checked: Oct 19 at 4:45PM
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 Circa Properties, Inc.
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Investment Insights
Based on property information with market context.
This 1948 duplex at 1514 E 4th in Santa Ana includes two separate residences on an approximately 9,583 SF parcel. The front home provides approximately 1,750 SF with 5 bedrooms and 1.5 bathrooms, along with dual-pane windows, hardwood floors, two fireplaces, a kitchen, and a covered patio. The rear residence is positioned behind the garage and contains approximately 750 SF, 2 bedrooms, and 1.5 bathrooms.
Each unit has a private yard and laundry area. The property also includes shared access to a spacious 2-car garage, additional on-site parking, and mature orange, lemon, fig, and persimmon trees. Located near Santa Ana’s downtown district, the property is zoned for professional use; permitted uses should be verified with the City of Santa Ana.
Each unit has a private yard and laundry area. The property also includes shared access to a spacious 2-car garage, additional on-site parking, and mature orange, lemon, fig, and persimmon trees. Located near Santa Ana’s downtown district, the property is zoned for professional use; permitted uses should be verified with the City of Santa Ana.
Key Highlights
- Two separate residences on an approximately 9,583 SF lot
- Front residence offers approximately 1,750 SF, 5 bedrooms, and 1.5 bathrooms
- Rear residence includes approximately 750 SF, 2 bedrooms, and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,347
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,066,940
$1.1M
Cap Rate 7%
$762,100
$762.1K
Cap Rate 9%
$592,744
$592.7K
Market Conditions
NOI Build-Up for 2,463 SF
Gross rent
$79.8K $32.40/SF
− Vacancy
−$3.6K −$1.46/SF
EGI
$76.2K $30.94/SF
− OpEx
−$22.9K −$9.28/SF
NOI
$53.3K $21.66/SF
Area
ZIP 92701
Vacancy
4.50%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,066,940
Cap Rate 7%
$762,100
Cap Rate 9%
$592,744
Alternative Uses
Best Use
Multifamily LT 5
$762.1K
$666.8K – $889.1K
NOI $53,347 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$699.3K
$611.9K – $815.9K
NOI $48,953 @ 7.0% cap · market cap 4.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,455
Businesses Nearby
Explore this area
Business Placement
Demographics for 92701, CA
48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences offer individual outdoor space, laundry areas, and shared access to a two-car garage.
Where is this duplex located?
The property is located at 1514 E 4th Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two separate residences on an approximately 9,583 SF lot; Front residence offers approximately 1,750 SF, 5 bedrooms, and 1.5 bathrooms; Rear residence includes approximately 750 SF, 2 bedrooms, and 1.5 bathrooms
