Quadplex With Individual
For Sale
$1,799,999
2601 W Juniper, Santa Ana, CA 92704
Four residences include an updated front home and dedicated garage parking.
Property Size7,841 SF
Days on Market59
Property Features for 2601 W Juniper
General Information
Standard status
Active
Size
7,841 SF
Property subtype
Quadruplex
Property Condition
Severity
Minor
Evidence
undergoing some repairs and upgrades
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Building Details
Building Size
7,841 SF
Year Built
1970
Listing Agency:
Realty One Group West
(949) 302-6990
Listed By:
Maty Guiza · License #01936056
Source:
Stephanieyounggroup
Added: Jun 19
Changed: Aug 14
Last Checked: Aug 15 at 12:37PM
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 Realty One Group West
Investment Insights
Based on property information with market context.
This four-unit property includes a front residence of approximately 1,700 square feet with 3 bedrooms and 2 bathrooms. Recent interior work includes new carpet, fresh paint, new flooring, updated bathroom fixtures, and reglazed tubs and showers. The three additional residences are each slightly under 1000 square feet and feature two bedrooms, with two offering 2 bathrooms and one offering 1 bathroom. Repairs and further cosmetic upgrades are underway, including fresh exterior paint.
Parking includes a 2-car garage serving the front home, individual 1-car garages for each additional residence, rear parking, and street parking. The roof has been recently updated. Built in 1970, the property is in Santa Ana near South Coast Plaza and has access to the 405 and 55 Freeways.
Parking includes a 2-car garage serving the front home, individual 1-car garages for each additional residence, rear parking, and street parking. The roof has been recently updated. Built in 1970, the property is in Santa Ana near South Coast Plaza and has access to the 405 and 55 Freeways.
Key Highlights
- Four‑unit property with a 3‑bedroom, 2‑bathroom front residence
- Front home measures approximately 1,700 square feet
- Three additional 2‑bedroom residences are slightly under 1000 square feet
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
$135,236
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
7.51%
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%
$2,704,720
$2.7M
Cap Rate 7%
$1,931,943
$1.9M
Cap Rate 9%
$1,502,622
$1.5M
Market Conditions
NOI Build-Up for 7,841 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
$202.3K $25.80/SF
− Vacancy
−$9.1K −$1.16/SF
EGI
$193.2K $24.64/SF
− OpEx
−$58.0K −$7.39/SF
NOI
$135.2K $17.25/SF
Area
ZIP 92704
Vacancy
4.50%
Lease Rate
$25.80 /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%
$2,704,720
Cap Rate 7%
$1,931,943
Cap Rate 9%
$1,502,622
Alternative Uses
Best Use
Multifamily LT 5
$1.93M
$1.69M – $2.25M
NOI $135,236 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$1.74M
$1.52M – $2.03M
NOI $121,717 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,133 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
Explore this area
Business Placement
Demographics for 92704, CA
82,841
Population
20,887
Households
4
Avg Household Size
35
Median Age
20%
College-Educated
68%
High-School Grad
7.4 sq mi
ZIP Area
11,195
Density / Sq Mi
$94,249
Median Household Income
$37,925
Median Earnings
$2,147
Median Rent
$641,600
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?
Quadplex - Four residences include an updated front home and dedicated garage parking.
Where is this quadplex located?
The property is located at 2601 W Juniper Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Four‑unit property with a 3‑bedroom, 2‑bathroom front residence; Front home measures approximately 1,700 square feet; Three additional 2‑bedroom residences are slightly under 1000 square feet
