608 E Central Avenue, Santa Ana, California 92707, Santa Ana, - bed, bath
ACTIVE$1,198,000
608 E Central Avenue, Santa Ana, California 92707
0Bed
0Bath
2,496Sqft
7,405Lot
Year Built
1965
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25125204
Home ConditionPoor
Features
View-
About this home
This is an exceptional investment opportunity featuring three well-maintained residential income units. Unit A boasts a generously sized bedroom and a full bathroom. Unit B offers an upstairs living space with two bedrooms and a bathroom. Unit C also includes two bedrooms and a bathroom. Each unit comes with its own gas and electric meter for maximum efficiency. The property sits on an expansive lot, providing ample parking for residents and guests. Don’t miss out on this prime investment opportunity!
Nearby schools
4/10
Monroe Elementary School
Public,•K-5•0.3mi
2/10
Thomas A. Edison Elementary School
Public,•K-5•0.6mi
3/10
Manuel Esqueda Elementary School
Public,•K-8•0.6mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•1.5mi
3/10
Mcfadden Intermediate School
Public,•6-8•2.2mi
6/10
Saddleback High School
Public,•7-12•1.1mi
3/10
Century High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
06/05/25
Listing
$1,198,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (12 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,496 | 2,625 | 38% |
| Lot Size | 7,405 | 7,170 | 62% |
| Price | $1.2M | $1.16M | 62% |
| Price per square foot | $480 | $430 | 69% |
| Built year | 1965 | 1961 | 85% |
| HOA | |||
| Days on market | 153 | 153 | 50% |
Condition Rating
Poor
Built in 1965, this triplex shows significant signs of age and deferred maintenance on its exterior. The stucco has visible cracking, the stone facade is dated, and the asphalt driveway is severely cracked with weeds growing through. While the description states 'well-maintained residential income units,' the visible exterior condition suggests substantial repairs and rehabilitation are needed for the building's envelope and common areas. Without interior photos, the condition of kitchens and bathrooms cannot be assessed, but the exterior alone indicates a property requiring significant investment beyond minor updates.
Pros & Cons
Pros
Strong Investment Opportunity: The property is explicitly marketed as an 'exceptional investment opportunity' featuring three income-generating residential units (triplex), offering multiple revenue streams.
Independent Utility Metering: Each unit is equipped with its own gas and electric meter, promoting tenant accountability for utility consumption and simplifying landlord expense management.
Generous Lot Size & Ample Parking: Sitting on an expansive 7,405 sqft lot, the property provides ample parking for residents and guests, a valuable amenity for multi-unit properties.
Well-Maintained Condition: The description highlights 'three well-maintained residential income units,' suggesting good upkeep and potentially lower immediate capital expenditures for a new owner.
Established Rental Market Location: Located in Santa Ana, a major city within Orange County, the property benefits from a generally robust rental market and potential for long-term appreciation.
Cons
Property Age: Built in 1965, the property is over 50 years old, which may indicate potential for aging infrastructure (e.g., plumbing, electrical, roof) that could require significant future maintenance or upgrades despite being 'well-maintained'.
Mixed School Ratings: Several nearby schools have lower ratings (e.g., Thomas A. Edison Elementary (2), Julia C. Lathrop Intermediate (2), Century High (3)), which could be a deterrent for families with school-aged children and potentially limit the tenant pool.
Potential for Outdated Interiors: While described as 'well-maintained,' there is no mention of recent modern upgrades or renovations, suggesting unit interiors might be dated and could require future investment to maximize rental income or attract premium tenants.