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Six-Unit Apartment Complex

502 E Wellington Avenue Santa Ana, CA 92701

502 E Wellington Avenue, Santa Ana, CA, 92701
$1,495,000
For Sale
Claim this Listing
$1,495,000

MULTI_FAMILY - Santa Ana, CA

AddedMay 13, 2025
Days on Market430
Last RefreshJul 16 at 10:06 am

Property Features for 502 E Wellington Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
39803201

Taxes and HOA fees

Tax Year
2025

Building Details

Year built
1929

Listing agent Albert Ricci License #01011606

Listing office Ricci Realty 606 E Chapman #100, Orange, CA

Listing date May 13, 2025

MLS# PW25101546

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a six-unit, two-building apartment complex in Santa Ana’s French Park, with all units configured as two-bedroom, one-bath residences. The units are divided between two separate 2-story structures on a corner lot. Both buildings feature Mediterranean-style character with wood-frame windows and exterior balconies.

The property includes a mix of parking arrangements: two units are positioned above two 1-car garages, while the other four units have dedicated surface parking. Each unit has washer/dryer hookups, supporting convenient in-home laundry setups. The site is described as having good curb appeal.

For investors and owner-operators, the consistent unit mix and layout uniformity can simplify leasing and operations across the complex. The offering is presented as a value-add opportunity, and the public remarks note the possibility of qualifying for the Mills Act property tax program; tenants and buyers should verify eligibility details directly with the City of Santa Ana.

Key Highlights

  • 6‑unit apartment complex in Santa Ana’s French Park; all units are 2‑bedroom, 1‑bath
  • Two 2‑story Mediterranean‑style buildings on a corner lot with exterior balconies and wood‑frame windows
  • Unit mix includes two units above two 1‑car garages, plus dedicated surface parking for the other four units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two-building 6-unit apartment complex offers uniform 2-bedroom layouts with balconies and in-unit washer/dryer hookups.
Where is this apartment building located?
The property is located at 502 E Wellington Avenue Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 6‑unit apartment complex in Santa Ana’s French Park; all units are 2‑bedroom, 1‑bath; Two 2‑story Mediterranean‑style buildings on a corner lot with exterior balconies and wood‑frame windows; Unit mix includes two units above two 1‑car garages, plus dedicated surface parking for the other four units
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