Detached Duplex with Private
For Sale
$1,000,000
2430 W 6th A&B, Santa Ana, CA 92703
Two single-story residences feature updated kitchens, remodeled bathrooms, separate utility meters, private yards, and on-site parking.
Property Size2,113 SF
Lot Size0.41 Acres
Days on Market35
Property Features for 2430 W 6th A&B
General Information
Standard status
Active
Size
2,113 SF
Lot size
0.41 Acres
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Building Details
Building Size
2,113 SF
Year Built
1910
Buildings
2
Stories
1
Listing Agency:
Harcourts Place
Listed By:
Danny Gascon · License #01965646
Source:
Stephanieyounggroup
Added: Aug 2
Changed: Sep 3
Last Checked: Sep 5 at 4:33AM
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 Harcourts Place
Investment Insights
Based on property information with market context.
This duplex property includes two detached, single-story residences on one approximately 18,000-square-foot lot. Each home has an updated kitchen and remodeled bathroom, while individual gas and electric meters support separate utility service. Private yard areas and on-site parking are also included. The property was built in 1910.
The Santa Ana location places the residences near Fairview, South Coast Metro, Santa Ana College, shopping, dining, employment centers, and major transportation routes. Access is available to the 22, 57, and 5 Freeways, with South Coast Plaza and Downtown Santa Ana also nearby. The expansive parcel provides room for renovation, expansion, redevelopment, or other future improvements, subject to applicable approvals.
The Santa Ana location places the residences near Fairview, South Coast Metro, Santa Ana College, shopping, dining, employment centers, and major transportation routes. Access is available to the 22, 57, and 5 Freeways, with South Coast Plaza and Downtown Santa Ana also nearby. The expansive parcel provides room for renovation, expansion, redevelopment, or other future improvements, subject to applicable approvals.
Key Highlights
- Approximately 18,000 sq. ft. on a 0.41‑acre residential income parcel
- Two detached single‑story homes on one lot
- Updated kitchens and remodeled bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,258
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$765,160
$765.2K
Cap Rate 7%
$546,543
$546.5K
Cap Rate 9%
$425,089
$425.1K
Market Conditions
NOI Build-Up for 2,113 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.1K $27.00/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$54.7K $25.87/SF
− OpEx
−$16.4K −$7.76/SF
NOI
$38.3K $18.11/SF
Area
ZIP 92703
Vacancy
4.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$765,160
Cap Rate 7%
$546,543
Cap Rate 9%
$425,089
Alternative Uses
Best Use
Multifamily LT 5
$546.5K
$478.2K – $637.6K
NOI $38,258 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$506.3K
$443.0K – $590.7K
NOI $35,441 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$611.6K
$535.1K – $713.5K
NOI $42,810 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
Explore this area
Business Placement
Demographics for 92703, CA
65,621
Population
14,644
Households
4.5
Avg Household Size
34
Median Age
13%
College-Educated
60%
High-School Grad
4.2 sq mi
ZIP Area
15,624
Density / Sq Mi
$80,817
Median Household Income
$33,363
Median Earnings
$1,922
Median Rent
$585,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two single-story residences feature updated kitchens, remodeled bathrooms, separate utility meters, private yards, and on-site parking.
Where is this duplex located?
The property is located at 2430 W 6th A&B Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 18,000 sq. ft. on a 0.41‑acre residential income parcel; Two detached single‑story homes on one lot; Updated kitchens and remodeled bathrooms
