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Santa Ana Multifamily Investment Opportunity
For Sale
$1,650,000

1519 N Ross, Santa Ana, CA 92706

Five updated units, including new ADU, in prime location.

Property SizeContact for details
Days on Market103

Property Features for 1519 N Ross

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1945
Listing Agency: own it now realty
Listed By: Eric Perez · License #01457748
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 4 at 8:03AM

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 own it now realty

Investment Insights

Based on property information with market context.

This is a five-unit multifamily property in Santa Ana, CA. The property features a four-plex and a new Accessory Dwelling Unit (ADU) built in 2023. All five units have been fully updated with new flooring, remodeled kitchens and bathrooms, and updated plumbing and electrical systems. A new roof and new double-paned windows have been installed. The ADU has paid and owned solar panels for energy efficiency. Each unit has its own private laundry. The property is located in a well-established neighborhood close to shopping, dining, schools, and major commuter routes. The location has a bike score of 67, indicating it is bikeable, a walk score of 89, indicating it is very walkable, and a transit score of 52, indicating good transit options.

Key Highlights

  • New ADU built in 2023 adds immediate value and rental income.
  • Fully updated throughout with new flooring, remodeled kitchens/bathrooms, plumbing, and electrical systems.
  • Each unit has private laundry, a highly desirable amenity for tenants.

Property Analytics

Current Use

Spa Paragon Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,078
Businesses Nearby

Demographics for 92706, CA

35,621
Population
10,473
Households
3.4
Avg Household Size
35
Median Age
23%
College-Educated
69%
High-School Grad
3.5 sq mi
ZIP Area
10,177
Density / Sq Mi
$96,424
Median Household Income
$36,850
Median Earnings
$1,890
Median Rent
$839,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five updated units, including new ADU, in prime location.
Where is this apartment building located?
The property is located at 1519 N Ross Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: New ADU built in 2023 adds immediate value and rental income.; Fully updated throughout with new flooring, remodeled kitchens/bathrooms, plumbing, and electrical systems.; Each unit has private laundry, a highly desirable amenity for tenants.
More about this property
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