Santa Ana, CA 92707 1039 W Central Avenue

1039 W Central Avenue Santa Ana, CA - Image 11039 W Central Avenue Santa Ana, CA - Image 21039 W Central Avenue Santa Ana, CA - Image 3
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Presented By: Lily Le with 999 Investments, Inc; 714-487-9176
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25122086
  • 06/01/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 4,557
  • Garage • 5

Home Details

Great value-Great price income property is up to grab for a saavy investor. Rare to find 4plex that comes with 5 garage and is located in a highly desirable area near South Coast plaza. Owner has spent over $60K to upgrade the property where there is brand new roof, new paint, recent interior renovation and best of yet - tenants have been living there for years on a month to month lease. There is at a minimum 10% upside on the rent. Definitely gives positive cash flow for return on investment. All units' balcony has been redone and One of the units (3beds.2baths) just got a brand new kitchen. New owner can add laundry for additional income. Parking will never be an issue here since there are additional parking spaces in the common area as well as street parking. There is HOA fee roughly about $380/month that covers trash, landscape, and outside maintenance. This definitely gives a great return on investment and is a rare find!
Presented By: Lily Le with 999 Investments, Inc; 714-487-9176

Interior Features for 1039 W Central Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories2

Other Rooms

Entry Level2

General for 1039 W Central Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySanta Ana
Community FeaturesStreetLights, Sidewalks
ContingencySeller intent to do 1031 exchange at no cost to buyer
CountyOrange
DirectionsMajor crossed streets are Bristol & Warner
Electric Expense1200.0
Entry LocationFront Door
Fuel Expense0.0
Garage Spaces5.0
Garage Y/NYes
Gross Income87900.0
HOANo
Home Warranty Y/NNo
Insurance Expense2600.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsExchange1031
Lot Size Square Feet6534.0
Lot Size UnitsSquareFeet
MLS Area70 - Santa Ana North of First
MobileHomeRemainsYNNo
Net Operating Income75900.0
New ConstructionNo
Number Of Units Total4
Operating Expense12000.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameOther
Tax Lot4
Trash Expense0.0
Water Sewer Expense0.0
Year Built1977
Year Built SourcePublicRecords

Exterior for 1039 W Central Avenue

Building Area Total4557.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesGreenbelt
Lot Size Acres0.15
Lot Size Area6534.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,395,000
MLS#PW25122086
List Date 06/01/2025
Property Type Multi-Family
Phone 714.742.6515
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