600 N Grand Avenue, Santa Ana, California 92701, Santa Ana, - bed, bath

home-pic
ACTIVE$1,350,000
600 N Grand Avenue, Santa Ana, California 92701
0Bed
0Bath
3,260Sqft
19,602Lot
Year Built
1970
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25230609
Home ConditionGood
Features
Patio
View-

About this home

The Grand Avenue 4-plex apartments present an exceptional opportunity for an owner user or investor to acquire an updated, well run four unit apartment building located across the street from the Amazon Distribution Center Development. All four apartments feature 2 bed 1 bath apartments with newer kitchen cabinets, granite countertops and newer bathroom vanities. Over the past 7 years the owner has completed many capital improvements to the building including: new composition shingle roof, new bedroom and living room windows, new exterior paint, new wrought iron rolling gate, and new decking in front of the upstairs apartments. Tenants enjoy private patios (downstairs apartments), balconies (upstairs apartments), gated parking, onsite laundry facility (owned machines), and a large, fenced yard area.

Price History

Date
Event
Price
10/02/25
Listing
$1,350,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (9 Listings)
Beds00
Baths00
Square foot3,2601,912
80%
Lot Size19,6026,759
90%
Price$1.35M$975K
80%
Price per square foot$414$497
30%
Built year19709620976
90%
HOA
Days on market33166
10%
Condition Rating
Good

Built in 1970, this property has undergone significant capital improvements within the last 7 years, including a new roof, windows, and exterior paint, which are major system updates. The kitchens feature newer cabinets and granite countertops, and bathrooms have newer vanities, making them functional and presentable. The living areas boast new laminate flooring. While the kitchen appliances are older white models and the ceilings appear to be original popcorn style, the property is move-in ready with no immediate renovation required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Strong Investment/Owner-User Potential: The property is explicitly presented as an exceptional opportunity for both investors seeking rental income and owner-users looking to occupy a unit while generating income from others.
Strategic Location: Located directly across from the Amazon Distribution Center Development, which is likely to drive strong tenant demand and potential for property value appreciation due to increased local employment.
Extensive Capital Improvements: Significant recent upgrades over the past 7 years, including a new roof, windows, exterior paint, wrought iron gate, and decking, reduce immediate capital expenditure for a new owner.
Modernized Unit Interiors: All four 2-bed/1-bath units feature newer kitchen cabinets, granite countertops, and updated bathroom vanities, enhancing tenant appeal and marketability.
Desirable Tenant Amenities: Tenants benefit from private patios/balconies, secure gated parking, owned onsite laundry facilities, and a large fenced yard area, contributing to higher tenant satisfaction and retention.

Cons

Property Age: Built in 1970, the building is over 50 years old. While updated, older infrastructure (e.g., plumbing, electrical systems not explicitly mentioned as updated) may require future maintenance or replacement.
Lack of Unit Diversity: All four units are uniformly 2-bedroom, 1-bathroom, which may limit the property's appeal to a broader range of tenants or restrict potential for varied rental income streams.
Absence of Central Air Conditioning: The description does not mention a cooling system for the units, which could be a significant drawback for tenants during warmer months in Santa Ana and may necessitate future investment.

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