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For sale
  • Listed by: R L M Equities • Randall Mycorn • Contact: 949-573-5309
    $1,180,000

    1516 W 5th St, Santa Ana, CA 92703

    4beds
    --baths
    1,600sqft
    : 
    $7,851/mo
    Get pre-qualified
    Quadruplex
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $738/sqft
    $-- HOA

    What's special

    Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring, and newly installed AC and heating units for year-round comfort. Externally, the property boasts major aesthetic curb appeal alongside a freshly paved parking lot that provides eight dedicated spots—rendering it exceptionally overparked for a fourplex. Perfect for owner-occupied financing, one unit can be delivered vacant at closing, while the remaining units are leased to qualified residents commanding strong market rents. Situated just minutes from Downtown Santa Ana, Santa Ana College, the Civic Center, and major freeway corridors, this property offers unbeatable access to key local points of interest. Please contact agent to inquire about purchasing the ADJACENT fourplex.
    14 days
    205
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Randall Mycorn DRE #02078223 949-573-5309,

    R L M Equities

    Source: CRMLS,MLS#: NP26218335MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Appliances
      • Laundry: None
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 1,600
      • Total interior livable area: 1,600 sqft

      Property

      Parking
      • Total spaces: 6
      • Uncovered spaces: 6
      Features
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 6,098 Square Feet
      • Features: 11-15 Units/Acre
      Details
      • Parcel number: 40505407
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1951

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Suburban
      Location
      • Region: Santa Ana

      Financial & listing details

      • Price per square foot: $738/sqft
      • Date on market: 10/7/2026
      • Cumulative days on market: 14 days
      • Listing terms: Cash,Cash to New Loan,1031 Exchange

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,551/mo

        Price history

        DateEventPrice
        10/7/2026Listed for sale$1,180,000+58.4%$738/sqft
        Source: CRMLS #NP26218335 Report a problem
        1/2/2026Sold$745,000-12.4%$466/sqft
        Source: CLAW #25598753 Report a problem
        12/14/2025Pending sale$850,000$531/sqft
        Source: CLAW #25598753 Report a problem
        12/13/2025Price change$850,000-2.9%$531/sqft
        Source: CLAW #25598753 Report a problem
        11/25/2025Pending sale$875,000$547/sqft
        Source: CLAW #25598753 Report a problem
        10/30/2025Price change$875,000-2.7%$547/sqft
        Source: CLAW #25598753 Report a problem
        10/29/2025Listed for sale$899,000$562/sqft
        Source: CLAW #25598753 Report a problem
        10/20/2025Pending sale$899,000$562/sqft
        Source: CLAW #25598753 Report a problem
        9/29/2025Listed for sale$899,000$562/sqft
        Source: CLAW #25598753 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Artesia Pilar

        Getting around

        83 / 100
        Very Walkable
        47 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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