1735 W Washington, Santa Ana, CA 92706
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1735 W Washington,Santa Ana, CA 92706
$1,500,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christian espinoza
Office: greysteel california, inc.
MLS#:PW26165315
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,500,000
About this home
We are pleased to present the opportunity to acquire a multifamily asset located at 1735 W. Washington Avenue in Santa Ana. The property consists of four (4) units situated on an expansive 13,068 SF lot, featuring a unique unit mix of (2) detached two-bedroom, one-bathroom single-family homes and (1) duplex comprised of (2) one-bedroom, one-bathroom units. The property is occupied by long-term tenants, providing consistent rental income with significant upside through strategic asset management, renovation of the existing improvements, and the repositioning of rents over time. Investors also have the opportunity to further enhance cash flow through the implementation of a RUBS (Ratio Utility Billing System) program to offset water and trash expenses, while benefiting from future annual rental increases in accordance with the City of Santa Ana's rent control guidelines. The oversized lot presents a rare opportunity to further maximize the property's value through the potential development of ADUs, creating a compelling long-term value-add investment opportunity (Buyer to verify development potential and feasibility with the City of Santa Ana). Ideally located in one of Santa Ana's established residential neighborhoods, the property benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana, major employment centers, public transportation, and a wide variety of shopping, dining, entertainment, and lifestyle amenities. Residents also enjoy convenient access to the 5, 22, 55, and 57 Freeways, providing excellent regi...
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Home facts
- Listing ID #:PW26165315
- Added:8 day(s) ago
- Updated:August 07, 2026 at 02:59 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,500,000
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