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1,600 sqft

$1,180,000

1516 W 5th, Santa Ana CA, 92703

Price per sqft$737.50
Built in1951
Property size1,600 sqft
Property typeMulti-family
Listed by Randall Mycorn CA DRE# 02078223 with R L M Equities 949-573-5309

Overview

Active

Listed Oct 7, 2026

Updated 36 min ago

Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring, and newly installed AC and heating units for year-round comfort. Externally, the property boasts major aesthetic curb appeal alongside a freshly paved parking lot that provides eight dedicated spots—rendering it exceptionally overparked for a fourplex. Perfect for owner-occupied financing, one unit can be delivered vacant at closing, while the remaining units are leased to qualified residents commanding strong market rents. Situated just minutes from Downtown Santa Ana, Santa Ana College, the Civic Center, and major freeway corridors, this property offers unbeatable access to key local points of interest. Please contact agent to inquire about purchasing the ADJACENT fourplex.

$7,851/mo

Est. mortgage payment based on a $1,180,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NP26218335

Interior Features

Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Maintenance Expense
$1,400
55+/Senior Community
No
MLS provider logo

Listed by Randall Mycorn CA DRE# 02078223 with R L M Equities 949-573-5309

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/9/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/9/2026 at 7:08 AM UTC Last Checked: 7:08 AM UTC

 

 

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