502 E Wellington Avenue Santa Ana, CA ^$ 1,495,000

502 E Wellington Avenue

^$ 1,495,000

Back to search

502 E Wellington Avenue

Santa Ana, CA, 92701

^$ 1,495,000

Bedrooms-- Baths1.0 Sq 5,018

Monthly Estimate*

^$ 9,327

Listed by Ricci Realty

View a Virtual Tour

Commercial Property for sale in Santa Ana, CA

for $1,495,000 with 1 full bath. This 5,018 square foot building was built in 1929 on a lot size of 0.19.

Located in Santa Ana's French Park, we have a 6-unit apartment complex, all 2-bedroom, 1-bath units separated between 2 buildings on this corner lot. Two of the units sit above two 1-car garages, with dedicated surface parking for the other four units. Both buildings are 2-story Mediterranean-style with wood-frame windows, washer/dryer hookup in each unit, exterior balconies, and good curb appeal. This is a great value-add opportunity with favorable floor plans. May qualify for the Mills Act property tax act. Call city for details. Potential rents $ 2,295 x6= $137, 700 Actual rents are $90,024

Commercial Active

Price

^$ 1,495,000

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.19

Year Built

1929

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

PW25101546

Days on Market

223

Features

General

Utilities Electricity Connected Sewer Connected Water Connected

Roof Spanish Tile

Construction Materials Stucco

Exclusions All tenants personal property

Year Built 1929

Electric Standard

Property Subtype Multi Family

Tax Year 2025

Current Use Multi-Family

Business Type Multi-Tenant

County Orange

Net Operating Income 57556

Operating Expense 32468

Insurance Expense 4000

Property Type Commercial Sale

Special Listing Conditions Standard Trust

Status Active

Directions From I-5 S Take exit 105A Penn way then take washington ave to Wellington ave

City Santa Ana

Number Of Units Total 6

MLS Area 70 - Santa Ana North of First

Lot Size Units Square Feet

Lot Size Square Feet 8276

Number of Units Leased 6

Listing Terms Cash Cash to New Loan Conventional

Land Lease Y/N 0

Current Financing None

Trash Expense 3900

Water Sewer Expense 4080

Additional Parcels Y/N 0

Lease Considered Y/N 0

Building Area Units Square Feet

Standard Status Active

Occupancy Type Owner

Year Built Source Assessor

Property Sub Type Additional Multi Family

Cap Rate 5

Interior

Total Stories 2

Laundry Features Common Area In Kitchen Laundry Room Outside Stacked

Entry Level 1

Exterior

Fencing Block

Lot Features 0-1 Unit/Acre Rectangular Lot

Water Source Public

Lot Size Area 8276

Number of Buildings 2

Building Area Total 5018

Lot Size Acres 0.19

Lot Size Source Assessor

* Excluded Features

List By

Ricci Realty

Broker

AlRicci@RicciRealty.com

Affordability Calculator

$9,327

Per Month

Monthly Principal & Interest: $9,327
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Santa Ana, CA

Average List Price ^$2,490,789

Percent of Sale Price 67%

About Santa Ana, CA

331,906 Population

-2% Since 2002

^$55,844 Median Income

32.48 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,495,000		Listed Price

Map

More homes like this one

homes for you

See all

502 E Wellington Avenue, Santa Ana, CA, 92701 is a Commercial Property for sale at $1,495,000 with 5,018 sqft and a lot size of 0.19. 502 E Wellington Avenue has 1.0 baths and was built in 1929. The property's zip code is 92701 which is in Santa Ana, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

502 E Wellington Avenue

Commercial Property for sale in Santa Ana, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home