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.
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
Quadruplex
Built in 1951
-- sqft lot
$-- Zestimate®
$738/sqft
$-- HOA
What's special
- 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#: NP26218335
Originating 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
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $1,180,000+58.4%$738/sqft |
Source: | ||
| 1/2/2026 | Sold | $745,000-12.4%$466/sqft |
Source: | ||
| 12/14/2025 | Pending sale | $850,000$531/sqft |
Source: | ||
| 12/13/2025 | Price change | $850,000-2.9%$531/sqft |
Source: | ||
| 11/25/2025 | Pending sale | $875,000$547/sqft |
Source: | ||
| 10/30/2025 | Price change | $875,000-2.7%$547/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $899,000$562/sqft |
Source: | ||
| 10/20/2025 | Pending sale | $899,000$562/sqft |
Source: | ||
| 9/29/2025 | Listed for sale | $899,000$562/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






