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2516 S Baker Street

Santa Ana, CA 92707

– beds
– baths
– sqft
6,098 sqft lot
1958 build
– on site

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Introducing an extraordinary opportunity: an exclusive 4-unit multi-family investment nestled in the heart of Santa Ana, boasting an attractive 5% Cap rate. Experience a blend of excellence with (4) 2 Bed/1 Bath units, offering a total of 3,500 square feet of rentable space. Enhancing the allure, each tenant enjoys the luxury of a private 1-car garage, while Unit A & B offer their own secluded backyard/patio retreats. Recent light renovations have graced each unit, infusing a touch of modernity and revitalization. Elevating convenience, every unit is individually equipped with gas and electricity meters. Commanding a prime position on an expansive 6098 square foot lot, this property enjoys a coveted location within a mile of South Coast Metro and the central artery of Orange County's freeway network. This facilitates direct routes to Los Angeles, San Diego, and the Inland Empire. Notably, the property's accessibility is exceptional: a mere (5) minutes from John Wayne Airport, (45) minutes from LAX, and just (60) minutes from San Diego.

Listed By CRMLS_CA / Shelly Kay Hilliard / Coldwell Banker Realty / 714-580-4500

Last checked: Checking… • Last updated Nov 5, 2023 •

MLS# OC23158196 —

The Building

Year Built:

1958
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Roof:

Asbestos Shingle
Entry Level:

1
Foundation:

Slab
Common Walls:

1 Common Wall
Number With Patio:

2
Building Area Total:

3500.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

4
Stories Total:

2
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Features:

Granite Counters, Open Floorplan, Tile Counters
Levels:

Two
Entry Location:

front of building
Flooring:

Tile
Room Type:

Kitchen, Living Room, Main Floor Bedroom
Fireplace:

No
Fireplace:

None
Laundry:

See Remarks
Laundry:

1

Location

Directions:

One Block S. of Bristol
Latitude:

33.71183000
Longitude:

-117.88358300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Turnkey
Lot Features:

0-1 Unit/Acre
Lot Size Area:

6098.0000
Lot Size Acres:

0.1400
Lot Size SqFt:

6098.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wrought Iron
Fence:

Yes
Road Surface Type:

Alley Paved, Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

740.05
Tax Tract:

2392
Tax Lot:

54

The Listing

Special Listing Conditions:

Standard
Parcel Number:

41040104

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Range
Included:

Yes

The Community

Subdivision:

Other (OTHR)
Subdivision:

Rosewood Baker
Senior Community:

No
Features:

Curbs, Sidewalks
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Garage Faces Rear, Garage - Single Door
Parking Spaces:

4.00
Garage Spaces:

4.00

Extra Units

Average 2 Bed Area:

900

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
8/31/23 Aug 31, 2023		BRIDGE	$1,600,000
8/31/23 Aug 31, 2023	Sold Subject To Contingencies	CRMLS_CA	$1,600,000
8/27/23 Aug 27, 2023	Listed / Active	CRMLS_CA	$1,600,000

Multifamily Sold on 11/3/2023

$1,535,000

Listing provided by broker:

Shelly Kay Hilliard

Coldwell Banker Realty

714-580-4500

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Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 22:32 on Nov 23.

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.

2516 S Baker Street

Santa Ana, CA 92707