2731 W Orion Avenue Santa Ana, CA $ 1,649,000
2731 W Orion Avenue
$ 1,649,000
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2731 W Orion Avenue

Santa Ana, CA, 92704
$ 1,649,000
Bedrooms-- Baths2.0 Sq 4,345

Monthly Estimate*

$ 11,389

Listed by Matt Perry, Arbor Real Estate, matt@perrypropertyadvisors.com
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Multi-Family Home for sale in Santa Ana, CA

for $1,649,000 with 2 full baths. This 4,345 square foot home was built in 1970 on a lot size of 0.16.

Ideally situated in the highly desirable South Coast Metro area, along the border of Santa Ana and Costa Mesa, this upgraded fourplex presents an exceptional investment opportunity with strong income potential and room for future rent growth. The property features an attractive unit mix consisting of one 3-bedroom, 2-bathroom unit and three 2-bedroom units, including two 2-bathroom units and one 1-bathroom unit. The property offers an ideal opportunity for both investors and owner-occupants. Live in the front unit while generating rental income from the remaining three units, or maximize the property's income potential by leasing all four units. Additional features include four private garages—one two-car garage and three one-car garages—as well as separate gas and electric meters for each unit. Each unit also has laundry hookups in its respective garage. A separate common laundry room, currently utilized for maintenance storage, offers the potential to create an additional income stream. Enjoy a convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 Freeway, and excellent local schools. With its desirable Covington-style architecture, extensive upgrades, practical amenities, and attractive location, this fourplex offers a compelling combination of rental income, long-term appreciation potential, and future upside through rental growth.

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Multi-Family Active

Price

$ 1,649,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1970

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

LG26219043

Days on Market

2

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Roof Composition
Appliances Dishwasher Gas Cooktop Disposal Gas Range Water Heater
HOA Fee 0
Garage Spaces 4
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame Stucco
Year Built 1970
Electric Electricity - On Property
Tenant Pays Cable TV Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 101040
Community Features Gutter(s) Storm Drain(s) Street Lights Park
County Orange
Net Operating Income 65676
Operating Expense 35364
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions Fairview Avenue North to Aurora Street right on Aurora Street left of Marine Street
City Santa Ana
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area 69 - Santa Ana South of First
Lot Size Units Square Feet
Lot Size Square Feet 6970
Number of Units Leased 4
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 0
Ok to Lease Month To Month
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 31
Total Actual Rent 8420
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Open Floorplan Bedroom on Main Level Main Level Primary Primary Suite
Flooring Carpet Laminate Tile
Fireplace Features Living Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Blinds Drapes Screens
Fireplace Y/N true
Laundry Features Washer Hookup In Garage Laundry Room
Entry Level 1
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Exterior
Fencing Vinyl
Parking Features Garage
Lot Features 0-1 Unit/Acre Corner Lot Front Yard Garden Lawn Level Near Park Near Public Transit Rectangular Lot Street Level Yard
Water Source Public
Total Parking 4
Lot Size Area 6970
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 4345
Lot Size Acres 0.16
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Matt Perry

Listing Agent

Arbor Real Estate

Broker

matt@perrypropertyadvisors.com

Email

Affordability Calculator

$11,389
Per Month
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Monthly Principal & Interest
$11,389
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Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2026$1,649,000 Listed Price

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2731 W Orion Avenue, Santa Ana, CA, 92704 is a Multi-Family Home for sale at $1,649,000 with 4,345 sqft and a lot size of 0.16. 2731 W Orion Avenue has 2.0 baths and was built in 1970. The property's zip code is 92704 which is in Santa Ana, CA