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825 S Shelton Street, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 3 bath

825 S Shelton Street, Santa Ana, California 92703 home-pic-0
ACTIVE$1,299,000
825 S Shelton Street, Santa Ana, California 92703
3Beds
3Baths
1,695Sqft
4,356Lot
Year Built
1957
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$766
HOA
-
Days on market
-
Sold On
-
MLS number
PW25258322
Home ConditionGood
Features
Patio
View-

About this home

We found 5 Cons,5 Pros. Rank: price - $1.30M(82th), sqft - 1695(64th), beds - 3(73th), baths - 3(91th).

Excellent opportunity to acquire a well-maintained, leased, 4-unit residential income property in a central, high-demand Santa Ana location. All units are fully occupied, providing immediate cash flow and stable, long-term tenancy. Each unit has been tastefully updated and offers desirable features such as fresh interior paint, recessed lighting, modern wood-style flooring, and remodeled kitchens with granite countertops, white cabinetry, and stainless-steel appliances. The units enjoy bright, open layouts with upgraded bathrooms showcasing contemporary tile finishes and fixtures. The property includes on-site community laundry facilities, adding convenience for residents. Driveway parking is available for tenants. Located near major freeways, shopping, dining, schools, and employment centers, this multifamily asset benefits from strong rental demand and consistent occupancy.

Nearby schools

4/10
Pio Pico Elementary School
Public,•K-5•0.2mi
3/10
Lowell Elementary School
Public,•K-5•0.3mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•0.6mi
2/10
Willard Intermediate School
Public,•5-8•1.5mi
3/10
Santa Ana High School
Public,•9-12•0.6mi

Price History

Date
Event
Price
12/02/25
Listing
$1,299,000
03/21/25
Sold
$915,000
06/28/22
Sold
$805,000
07/30/13
Sold
$415,000
08/02/99
Sold
$172,500
Condition Rating
Good
The property, built in 1957, has undergone extensive and tasteful renovations, including modern wood-style flooring, recessed lighting, fresh paint, remodeled kitchens with white/grey cabinetry, granite countertops, and stainless-steel appliances, and upgraded bathrooms with contemporary tile and fixtures. While the cosmetic updates are recent and high quality, the underlying infrastructure of a 1957 building may still be original or require future capital expenditures, preventing an 'Excellent' rating. However, it is clearly move-in ready with no immediate renovation required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Strong Income & Occupancy: This is a fully occupied, 4-unit residential income property providing immediate cash flow and stable, long-term tenancy, indicating a reliable investment.
Prime Location & Rental Demand: Situated in a central, high-demand Santa Ana location, the property benefits from proximity to major freeways, shopping, dining, schools, and employment centers, ensuring strong rental demand.
Updated Unit Interiors: Each unit has been tastefully updated with fresh interior paint, recessed lighting, modern wood-style flooring, remodeled kitchens (granite countertops, white cabinetry, stainless-steel appliances), and upgraded bathrooms.
On-site Amenities: The property offers convenient on-site community laundry facilities and available driveway parking for tenants, enhancing resident satisfaction and property appeal.
Historical Appreciation: The sales history demonstrates significant property value appreciation over time, suggesting a strong investment performance in the local market.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 5257.
Recently Sold Property: The property was recently sold within the past year on 2025-03-21. The sold price is $915,000.00.
Unit Count Discrepancy: The property description states it is a '4-unit residential income property,' but the `sub_type` is listed as 'Triplex,' which is a critical inconsistency requiring immediate clarification for accurate valuation and legal compliance.
Small Unit Footprint: With a total of 1695 sqft for what is described as a 4-unit property, the average unit size is approximately 423 sqft, which is quite small and may limit the tenant demographic or rental income potential.
Building Age & Potential Infrastructure: Constructed in 1957, the property's underlying infrastructure (e.g., plumbing, electrical, roof) may be original or require significant capital expenditures in the near future, despite recent interior cosmetic updates.

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