502 E Wellington Avenue Santa Ana, CA 92701
MULTI_FAMILY - Santa Ana, CA
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 (714) 231-6058
Listing office Ricci Realty 606 E Chapman #100, Orange, CA (714) 633-3600
Listing date May 13, 2025
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Investment Insights
Based on property information with market context.
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