This property at 2718 W. McFadden Avenue appears to be a textbook example of a turnkey investment with long-term upside. The unit mix—four identical 2-bed/1-bath—is ideal for stable cash flow, and the fact that four units have upgraded kitchens and bathrooms.
All four units have their own Electric and gas meter, and a carport.
If you’re planning to hold this long-term, it’s the kind of asset that can quietly build wealth year after year.
Sold for $1,050,000
Listed by: Professional R.E. Center, Inc. • Christopher Nguyen • Contact: 949-444-4184
Bought with: Professional R.E. Center, Inc.
$1,050,000
2718 W McFadden Ave, Santa Ana, CA 92704
8beds
4baths
3,150sqft
Quadruplex
Built in 1961
-- sqft lot
$-- Zestimate®
$333/sqft
$4,318 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,318/mo
Zestimate® history
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Upgraded kitchens
Zillow last checked:
Listing updated:
Listed by:
Christopher Nguyen DRE #01478705 949-444-4184,
Professional R.E. Center, Inc.
Bought with:
Christopher Nguyen, DRE #01478705
Professional R.E. Center, Inc.
Source: CRMLS,MLS#: OC25138368
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 2
- Pool features: None
Lot
- Size: 6,970 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 40703102
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Other (Othr)/
Location
- Region: Santa Ana
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $763,170
- Annual tax amount: $9,652
- Date on market: 6/21/2025
- Cumulative days on market: 103 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Sold | $1,050,000-6.7%$333/sqft |
Source:  CRMLS #OC25138368 Report a problem | ||
| 10/22/2025 | Pending sale | $1,125,000$357/sqft |
Source: CRMLS #OC25138368 Report a problem | ||
| 10/5/2025 | Listed for sale | $1,125,000$357/sqft |
Source: CRMLS #OC25138368 Report a problem | ||
| 10/4/2025 | Listing removed | $1,125,000-12.5%$357/sqft |
Source:  SDMLS #OC25138368 Report a problem | ||
| 6/26/2025 | Listed for sale | $1,285,000+102.4%$408/sqft |
Source: SDMLS #OC25138368 Report a problem | ||
| 8/29/2014 | Sold | $635,000-2.3%$202/sqft |
Source: Public Record Report a problem | ||
| 7/6/2014 | Listed for sale | $650,000$206/sqft |
Source: Saigon Realty #PW14141506 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,652 +2.7% | $763,170 +2% |
| 2024 | $9,398 +2.6% | $748,206 +2% |
| 2023 | $9,162 +1.1% | $733,536 +2% |
| 2022 | $9,059 +2.3% | $719,153 +2% |
| 2021 | $8,852 -0.1% | $705,052 +1% |
| 2020 | $8,865 | $697,823 +2% |
| 2019 | $8,865 +1.9% | $684,141 -10.6% |
| 2018 | $8,699 +4.7% | $765,000 +16.3% |
| 2017 | $8,305 | $657,576 +2% |
| 2016 | $8,305 +2% | $644,683 +1.5% |
| 2015 | $8,143 +56.4% | $635,000 +65.9% |
| 2014 | $5,208 | $382,706 +0.5% |
| 2013 | -- | $380,977 +2% |
| 2012 | -- | $373,507 +2% |
| 2011 | -- | $366,184 +0.8% |
| 2010 | -- | $363,448 -0.2% |
| 2009 | -- | $364,312 +2% |
| 2008 | -- | $357,169 +2% |
| 2007 | -- | $350,166 +2% |
| 2006 | -- | $343,300 +2% |
| 2005 | -- | $336,569 +2% |
| 2004 | -- | $329,970 +1.9% |
| 2003 | -- | $323,923 +2% |
| 2002 | -- | $317,572 +39.9% |
| 2001 | $2,565 -1.5% | $226,982 +2% |
| 2000 | $2,604 | $222,532 |
Find assessor info on the county website
Neighborhood: New Horizons
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Nearby schools
GreatSchools rating
- 6/10Andrew Jackson Elementary SchoolGrades: K-5Distance: 0.2 mi
- 2/10Lydia Romero-Cruz Elementary SchoolGrades: K-8Distance: 1.1 mi
- 4/10Valley High SchoolGrades: 9-12Distance: 0.8 mi
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- California
- Orange County
- Santa Ana
- 92704
- New Horizons
- 2718 W McFadden Ave
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