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1735 W Washington Ave 4 Unit Apartment Building Offered at $2,088,855 CAD at a 4.33% Cap Rate Santa Ana, CA 92706
Investment Highlights
- 4-unit multifamily asset ideally situated on a large ±13,068 SF lot, offering a new investor the potential for future ADU development(Buyer to verify)
- Long-term tenants provide stable in-place income with significant rental upside through strategic asset management (Buyer to verify feasibility)
- Rare investment opportunity featuring two detached single-family homes and one duplex on a single parcel
- Benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana
Executive Summary
1735 West Washington Avenue is a 4-unit multifamily asset ideally situated on a large ±13,068 SF lot in Santa Ana, California, offering a new investor a rare value-add opportunity with the potential for future ADU development. The property features a unique unit mix consisting of two detached single-family homes and one duplex on a single parcel, creating multiple value-add strategies and ample space to explore future ADU development opportunities.
Long-term tenants provide stable in-place income with significant rental upside through strategic asset management, renovation of the existing buildings, and the potential to add additional units to maximize the lot's development potential. The property benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana's shopping, dining, entertainment, public transportation, major employment centers, and a wide variety of lifestyle amenities.
Long-term tenants provide stable in-place income with significant rental upside through strategic asset management, renovation of the existing buildings, and the potential to add additional units to maximize the lot's development potential. The property benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana's shopping, dining, entertainment, public transportation, major employment centers, and a wide variety of lifestyle amenities.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
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1735 W Washington Ave
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