1621 Cedar, Santa Ana, CA 92707

$1,250,000

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List Price
$1,250,000
Status
ACTIVE
MLS#
PW26155728
Year Built
1961
Lot Size
6,970
Acres
0.16
Days on Market
11
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

We are pleased to present 1621 S. Cedar Street, a four-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of three two-bedroom/one-bath homes, including three single-story units and one large one bedroom unit over garage — offering tenants the feel of individual home living rarely found in multi-family housing. Each unit includes its own private garage, in-unit laundry hookups, and all units are separately metered for gas and electric — resulting in zero utility expense for the owner. Three of the four units feature large fenced private patios. Additional street and alley parking provides tenants convenience beyond their individual garages. The alley has recently been repaved in concrete, reducing future maintenance costs. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$86,544
Operating Expense
26960

Listing courtesy of Listing Agent: Matthew Hoyt (matthew.p.hoyt@gmail.com) from Listing Office: Hoyt Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.