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6-Unit Apartment Complex
For Sale
$1,495,000

502 E Wellington Avenue, Santa Ana, CA 92701

Commercial Sale, Santa Ana, CA

Property SizeContact for details
Days on Market477

Property Features for 502 E Wellington Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Directions From I-5 S Take exit 105A Penn way then take washington ave to Wellington ave
Subdivision 70 - Santa Ana North of First
Standard status Active
APN 39803201

Taxes and HOA fees

Tax Year 2025

Amenities

washer/dryer hookup
exterior balconies

Building Details

Year built 1929
Listing Agency: Ricci Realty
Listed By: Albert Ricci · License #01011606
Added: May 13, 2025 Changed: Aug 24 Last Checked: Sep 1 at 6:06AM
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 6-unit apartment complex in Santa Ana’s French Park comprises two separate two-story buildings on a corner lot. The property includes six 2-bedroom, 1-bath units, with two residences positioned above individual 1-car garages and dedicated surface parking assigned to the remaining four units.

Mediterranean-style architecture, wood-frame windows, exterior balconies, and washer/dryer hookups add to the physical profile of the buildings. Constructed in 1929, the property is located at 502 E Wellington Avenue in Santa Ana, California.

Key Highlights

  • Six 2‑bedroom, 1‑bath apartment units across two buildings
  • Two‑story Mediterranean‑style buildings on a corner lot
  • Two units located above individual 1‑car garages

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,005
Businesses Nearby

Demographics for 92701, CA

48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Two-story buildings feature balconies, laundry hookups, and a combination of garage and surface parking.
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: Six 2‑bedroom, 1‑bath apartment units across two buildings; Two‑story Mediterranean‑style buildings on a corner lot; Two units located above individual 1‑car garages
More about this property
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