Turnkey Fourplex with Private
For Sale
$1,850,000
2729 S Baker, Santa Ana, CA 92707
Four renovated two-bedroom townhome-style units each offer a private patio and individual garage, plus a recently installed brand-new roof.
Property Size3,963 SF
Days on Market107
Property Features for 2729 S Baker
General Information
Standard status
Active
Size
3,963 SF
Total Parking Spaces
4
Property subtype
Quadruplex
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
private patio
Building Details
Building Size
3,963 SF
Year Built
1961
Tenancy
Multi
Listing Agency:
Sam S. Jozani
Listed By:
Sam Jozani · License #01986562
Source:
Altamirarealty
Added: Jul 8
Changed: Oct 7
Last Checked: Oct 21 at 3:35AM
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 Sam S. Jozani
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Investment Insights
Based on property information with market context.
Turnkey fourplex offering four spacious two-bedroom, townhome-style units. The property has a brand-new roof and extensive interior renovations, including luxury vinyl plank flooring, upgraded electrical sub-panels, modern cabinetry and countertops, reglazed tubs, remodeled bathrooms, dual-pane vinyl windows, fresh interior paint, and updated lighting and electrical fixtures. Select units also include brand-new heating systems. Each unit features a private patio and its own garage. A RUBS (Ratio Utility Billing System) has been implemented.
Located at 2729 S Baker in Santa Ana, the property is described as being just minutes from South Coast Plaza, with convenience to world-class shopping, dining, entertainment, and major freeways. The asset is positioned as a low-maintenance investment through its renovations and utility billing setup.
Located at 2729 S Baker in Santa Ana, the property is described as being just minutes from South Coast Plaza, with convenience to world-class shopping, dining, entertainment, and major freeways. The asset is positioned as a low-maintenance investment through its renovations and utility billing setup.
Key Highlights
- Turnkey fourplex with four renovated 2‑bedroom, townhome‑style units
- Recently installed brand‑new roof
- Each unit includes a private patio and its own garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,716
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,374,320
$1.4M
Cap Rate 7%
$981,657
$981.7K
Cap Rate 9%
$763,511
$763.5K
Market Conditions
NOI Build-Up for 3,963 SF
Gross rent
$102.2K $25.80/SF
− Vacancy
−$4.1K −$1.03/SF
EGI
$98.2K $24.77/SF
− OpEx
−$29.4K −$7.43/SF
NOI
$68.7K $17.34/SF
Area
ZIP 92707
Vacancy
3.99%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,374,320
Cap Rate 7%
$981,657
Cap Rate 9%
$763,511
Alternative Uses
Best Use
Multifamily LT 5
$981.7K
$859.0K – $1.15M
NOI $68,716 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$905.6K
$792.4K – $1.06M
NOI $63,395 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.09M
$950.9K – $1.27M
NOI $76,071 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
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Business Placement
Demographics for 92707, CA
56,456
Population
14,767
Households
3.8
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
5.2 sq mi
ZIP Area
10,857
Density / Sq Mi
$99,491
Median Household Income
$35,582
Median Earnings
$2,141
Median Rent
$635,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four renovated two-bedroom townhome-style units each offer a private patio and individual garage, plus a recently installed brand-new roof.
Where is this quadplex located?
The property is located at 2729 S Baker Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Turnkey fourplex with four renovated 2‑bedroom, townhome‑style units; Recently installed brand‑new roof; Each unit includes a private patio and its own garage
