2516 S Rosewood Avenue, Santa Ana, California 92707, Santa Ana, - bed, bath
ACTIVE$1,399,000
2516 S Rosewood Avenue, 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
PW25087618
Home ConditionGood
Features
View-
About this home
Bread and butter property to hold long term. Excellent investment. It is 1 building structure with 2 units up and 2 units down. all 4 units are identical and in excellent conditions. New mini-split AC systems for each unit. 4 single garages and 3 parking spots. SouthCoast Metro area, convenient to all central OC amenities
Price History
Date
Event
Price
04/21/25
Listing
$1,399,000
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 | 198 | 180 | 62% |
Condition Rating
Good
The property, built in 1958, is an older structure. However, the listing description explicitly states that 'all 4 units are identical and in excellent conditions' and highlights 'New mini-split AC systems for each unit.' The exterior images show a well-maintained building with a seemingly updated roof and fresh paint, suggesting regular upkeep. While the lack of interior images prevents a direct assessment of kitchen and bathroom styles, features, and specific appliance conditions, the strong claim of 'excellent conditions' and the installation of new AC systems indicate that the units are move-in ready and have received significant recent updates. This aligns with the 'Good' criteria of being move-in ready with well-maintained systems and some updated components, even if not a full, recent, top-to-bottom renovation.
Pros & Cons
Pros
Investment Potential: A quadruplex property explicitly marketed as an 'excellent investment' and 'bread and butter property to hold long term,' ideal for generating consistent rental income.
Excellent Unit Condition: All four units are described as identical and in excellent condition, minimizing immediate repair or renovation needs for a new owner.
Modern HVAC Systems: Each unit is equipped with new mini-split AC systems, providing modern comfort and a desirable amenity for tenants.
Ample Parking: The property offers significant parking with four single garages and three additional parking spots, a valuable asset for a multi-unit property.
Desirable Location: Situated in the SouthCoast Metro area, offering convenient access to central Orange County amenities, enhancing tenant appeal and property value.
Cons
Property Age: Built in 1958, the property's age may suggest potential for future maintenance or upgrades to original systems like plumbing or electrical, despite current excellent condition.
Generic Subdivision: The generic 'other' subdivision name might indicate a lack of a distinct community identity or specific neighborhood amenities associated with a named subdivision.
Listing Data Anomaly: The listed 'on-market date' of April 21, 2025, is in the future, which is a data anomaly that could cause confusion or misinterpretation for potential buyers.