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Key Details
Sold Price $1,625,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,345 sqft
Price per Sqft $373
MLS Listing ID PW-25223658
Year Built 1970
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
Property Description
3626 S. Marine St. is a highly sought after Covington Style 4-unit multifamily investment property located in Santa Ana, CA. Built in 1970, this property consists of (1) 3- bedroom 2- bath, (2) 2-bedroom 2-bath, and (1) 2- bedroom 1-Bath units. Additionally, each fourplex includes four private garages, enhancing tenant demand and providing additional income potential. The Marine St. property boasts a Laundry Room for additional income potential. The property exudes pride of ownership, and has been well maintained. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. This property is being sold alongside another property at 2732 W. Orion Ave. Properties can be sold as a portfolio or individually. The property is ideally located minutes from South Coast Plaza, Metro Pointe, The Camp, The Lab, Segerstrom Center, John Wayne Airport, Orange County Museum of Art, Santa Ana College, Mater Dei High School. The property is ideally located near the 405, 55 and 5 FWY for an easy commute.
Location
State CA
County Orange
Interior
Laundry Common Area
Exterior
Garage Spaces 4.0
Pool None
Community Features Street Lights
Building
Lot Description Corner Lot
Sewer Public Sewer
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