2619 W Orion Avenue, Santa Ana, California 92704, Santa Ana, 92704 - bed, bath

2619 W Orion Avenue, Santa Ana, California 92704 home-pic-0
ACTIVE$1,700,000
2619 W Orion Avenue, Santa Ana, California 92704
0Bed
0Bath
4,300Sqft
7,405Lot
Year Built
1970
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
OC25255295
Home ConditionFair
Features
Good View:
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(89th), sqft - 4300(67th), beds - undefined(50th), baths - undefined(50th).

Welcome to Santa Ana’s South Coast Metro District! An incredible investment opportunity awaits with this well-maintained fourplex, ideally located on the border of Santa Ana and Costa Mesa. The property features a desirable unit mix: one 3-bedroom, 2-bath unit, two 2-bedroom, 2-bath units, and one 2-bedroom, 1-bath unit, each with its own detached garage. Enjoy a strong income-producing property with low operating expenses—perfect for investors or owner-occupants looking to live in one unit and lease out the rest. The property offers central air conditioning, one 2-car garage, three 1-car garages, and two additional parking spaces, with individual laundry hookups conveniently located in each garage. Located just minutes from South Coast Plaza, Metro Pointe, the 405 Freeway, and top-rated schools, this fourplex combines comfort, convenience, and excellent rental potential to create generational wealth in one of Orange County’s most desirable submarkets.

Price History

Date
Event
Price
11/06/25
Listing
$1,700,000
12/04/15
Sold
$1,275,000
Condition Rating
Fair

Built in 1970, the property's exterior appears aged and dated, consistent with its construction era and lacking significant modern updates. While the listing states it is 'well-maintained' and includes central air conditioning, the absence of interior photos, particularly for kitchens and bathrooms, suggests these areas are likely original or have received only minor, non-modernizing updates, making them outdated. The overall condition points to a functional property that has been maintained but shows its age and would require minor updates to meet current aesthetic and functional standards.
Pros & Cons

Pros

Prime Location: Strategically located in Santa Ana’s South Coast Metro District, bordering Costa Mesa, offering excellent proximity to major retail centers (South Coast Plaza, Metro Pointe), freeway access (405), and top-rated schools, ensuring high tenant demand and property appreciation.
Strong Income Potential & Desirable Unit Mix: An explicitly stated 'strong income-producing property' with a versatile unit mix (one 3-bed/2-bath, two 2-bed/2-bath, one 2-bed/1-bath) appeals to a broad tenant base, maximizing rental income and minimizing vacancy risk.
Low Operating Expenses: The property is highlighted for its 'low operating expenses,' which directly contributes to higher net operating income and stronger returns for investors.
Tenant-Friendly Amenities: Each unit benefits from central air conditioning, individual detached garages (one 2-car, three 1-car), two additional parking spaces, and individual laundry hookups in each garage, significantly enhancing tenant appeal and rentability.
Versatile Investment Opportunity: Ideal for both seasoned investors seeking a robust income stream and owner-occupants looking to live in one unit while leveraging rental income from the others to offset housing costs, broadening its market appeal.

Cons

Age of Property: Built in 1970, while described as 'well-maintained,' the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical systems, roofing) that may require significant capital expenditures in the long term.
Lack of Specific Renovation Details: The description does not specify recent interior renovations or upgrades to the units. While 'well-maintained,' the interiors might not be fully modernized to current tenant expectations, potentially limiting top-tier rent potential or requiring future cosmetic updates.
Unspecified Utility Metering: The property details do not clarify if utilities (e.g., water, gas, electricity) are individually metered for each unit. If not, this could lead to higher operating costs for the landlord or complicate rent structures.

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