2516 2516 S Rosewood, Santa Ana, California 92707, Santa Ana, - bed, bath
ACTIVE$1,399,900
2516 2516 S Rosewood, Santa Ana, California 92707
0Bed
0Bath
3,500Sqft
6,098Lot
Year Built
1958
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25232330
Home ConditionGood
Features
View-
About this home
Bread and butter property to hold long term. It is an excellent investment. It is a one building structure with 4 identical units, 2 up 2 down. All units are in excellent conditions. New mini-split AC for each unit. 4 single car garages and 3 extra parking spots. SouthCoast Metro area and conveniently located to al central OC amenities.
Price History
Date
Event
Price
10/03/25
Listing
$1,399,900
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (12 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,500 | 3,500 | 50% |
| Lot Size | 6,098 | 6,969 | 46% |
| Price | $1.4M | $1.16M | 62% |
| Price per square foot | $400 | $430 | 46% |
| Built year | 1958 | 1958 | 50% |
| HOA | |||
| Days on market | 32 | 137 | 15% |
Condition Rating
Good
Built in 1958, this quadruplex has received significant recent updates, including new mini-split AC units for each unit, indicating a commitment to modern comfort systems. The kitchens feature refreshed white cabinets and clean countertops, making them functional and presentable for tenants. While some appliances, like the electric range, appear older and basic, the overall condition is move-in ready with no immediate renovation required, aligning with a well-maintained investment property. The exterior also appears well-kept.
Pros & Cons
Pros
High Investment Potential & Income Property: Explicitly described as an 'excellent investment' and 'bread and butter property to hold long term,' this quadruplex offers multiple income streams from a single structure.
Excellent Unit Condition: All four units are stated to be in 'excellent conditions,' minimizing immediate renovation costs for a new owner.
Modern HVAC System: Each unit benefits from 'new mini-split AC,' providing individual climate control and a desirable amenity for tenants.
Ample Parking: The property includes '4 single car garages and 3 extra parking spots,' a significant advantage for a multi-unit dwelling in a dense urban area.
Desirable Location: Situated in the 'SouthCoast Metro area' with convenient access to 'all central OC amenities,' enhancing tenant demand and potential rental rates.
Cons
Property Age: Built in 1958, the property is 66 years old, which could mean older underlying infrastructure (e.g., plumbing, electrical, roof) that may require future capital expenditures, despite the units being in 'excellent condition'.
Limited Unit Specifics: The description lacks detailed information on individual unit layouts, bedroom/bathroom counts, or square footage, making it difficult for investors to fully evaluate rental income potential without further investigation.
Future Listing Date Anomaly: The 'on_market_date' of '2025-10-03' is in the future, which is an unusual data point for an active listing and may cause confusion or require clarification for potential buyers.