Santa Ana North of First (70) Homes with Residential Income Property Type

Welcome to Santa Ana North of First (70), a vibrant and thriving neighborhood nestled in the heart of Orange County, California. This dynamic area is known for its rich cultural diversity, eclectic dining options, and a strong sense of community. With its prime location, residents enjoy easy access to major highways, making commutes to nearby cities a breeze. The neighborhood is also conveniently close to shopping centers, parks, and schools, catering to families and professionals alike.

One of the standout features of Santa Ana North of First is the availability of homes with residential income property types. This area presents a fantastic opportunity for investors and homeowners looking to generate additional income. The charming properties here often come equipped with multiple units, allowing for a steady rental income while enjoying the benefits of homeownership. With a mix of historical architecture and modern designs, these homes provide a unique charm that appeals to both renters and buyers.

The neighborhood’s strong rental market is bolstered by its proximity to employment hubs, educational institutions, and recreational facilities. Whether you’re looking to invest in a multi-family unit or seeking a property with rental potential, Santa Ana North of First offers a wealth of opportunities.

Moreover, the area is continuously evolving, with new developments and community initiatives enhancing the quality of life for residents. Embrace the charm and potential of Santa Ana North of First, where your dream home and investment opportunities await!

Newest Santa Ana North of First (70) Homes with Residential Income Property Type

$1,699,000

NP26188531 MLS ⋅ Active Status

Turn-key investment opportunity in Santa Ana’s desirable French Park neighborhood! This 4-unit property, including a fully permitted ADU, currently generates approximately $11,954/month, with a pro forma of approximately $12,900/month. All units have been extensively remodeled with updated kitchens, bathrooms, flooring, paint, and partial plumbing and electrical upgrades. Unit mix includes a 2 bed/2 bath + den, 3 bed/2 bath, 1 bed/1 bath, and 2 bed/1 bath. The front unit also features in-unit laundry, a basement, and private backyard. Three units have separate electric meters, and three are rented fully furnished. New appliances and furnishings are included with the sale. Seller has obtained permits for an additional ADU to be built.

1102 French, Santa Ana

$699,900

PW26183821 MLS ⋅ Active Status

Solid Multi-family investment opportunity in a high demand Santa Ana location. This fixer-upper offers strong upside for the right buyer ready to renovate and capture market rents or create long-term equity Located in a convenient central area with easy access to the 5 and 22 freeways, downtown Santa Ana, local shopping, dining, schools, and employment centers. The property presents and excellent canvas for cosmetic and functional upgrades that can significantly increase rental income and overall value. Property is being sold as-is, Bring your contractor and vision-this is a value add play in a resilient Orange County rental market.

1618 W 3rd, Santa Ana

$1,595,000

PW26176654 MLS ⋅ Active Under Contract Status

Located in a highly desirable neighborhood of Santa Ana, near the Tustin and Orange borders, 2236 E. Franzen Avenue presents investors with the opportunity to acquire a well-maintained, fully occupied multifamily asset featuring an attractive mix of one-, two-, and three-bedroom apartment homes. Averaging more than 1,050 square feet per unit, the spacious floor plans appeal to a broad tenant base and offer a significant advantage over many competing properties in the area. The property provides a variety of sought-after resident amenities, including an on-site laundry facility, private patios and balconies, wall air conditioning, and a fireplace in the three-bedroom unit. Parking is well accommodated with four single-car garages, two open parking spaces, and ample street parking for residents and guests. The property is also individually metered for electricity and gas, helping to minimize owner-paid utility expenses. Ownership has completed several capital improvements, including the re-plumbing of one unit in 2022, reconstruction of the balconies, and installation of new fencing surrounding most of the private patios, reducing near-term capital expenditure requirements. From an investment perspective, 2236 E. Franzen Avenue offers compelling upside potential. Current rental rates are approximately 22% below market, providing a clear value-add opportunity through the implementation of market rents as units turn over. Combined with its desirable location, generous unit sizes, and strong in-place occupancy, the property represents an attractive long-term investment in one of Orange County's most established rental markets.

2236 E Franzen, Santa Ana

$995,000

3 Beds ⋅ 2 Baths ⋅ 26868607 MLS ⋅ Active Status

Spacious Santa Ana duplex offering a versatile investment or owner-occupant opportunity at 1618 Freeman Avenue. The property features two generously sized units: a remodeled two-bedroom, one-bath residence and a one-bedroom, one-bath residence with original character. Each unit enjoys its own private enclosed backyard - ideal for outdoor relaxation, gardening, and entertaining - as well as a detached one-car garage, interior laundry areas, and central HVAC systems. The large 8,032sf lot offers lush greenery and mature trees. Conveniently located near shopping, local dining, and Santa Ana College, this property offers easy access to everyday amenities and commuter routes.

1618 Freeman Street, Santa Ana

$1,099,000

PW26170158 MLS ⋅ Active Status

FOUR 2-BEDROOM UNITS OFFERED AT $1,099,000. Fully occupied Santa Ana fourplex featuring four matching 2-bedroom, 1-bath units offered at approximately $274,750 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility that generates additional income. Current rents total $4,860 per month, with all units occupied under month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.

1813 Cedar, Santa Ana

$800,000

DW26161876 MLS ⋅ Active Status

Diamond in the rough, needs some tlc. Don't miss your opportunity to own an investment property in Northwest Santa Ana. Unlock incredible value and potential in one of Santa Ana’s most conveniently located neighborhoods! Sitting on a large 8,000+ square-foot lot, this classic 1950 property offers approximately 1,382 square feet of interior living space. A nice investment, minutes away from local parks, dining, shopping, and major commuter routes including the 22 and 5 freeways.

2505 Huckleberry Road, Santa Ana

$1,000,000

OC26155320 MLS ⋅ Active Status

Luxury Live Auction! Bidding to start from $1,000,000! An Exceptional Value+Add Opportunity on Nearly Half an Acre! Rare opportunity to acquire one of the largest Residential Income parcels currently available in this price range in central Orange County. This approximately 18,000 sq. ft. (0.41-acre) Residential Income property features two detached single-story homes on one expansive lot in a prime central Santa Ana location near Fairview, South Coast Metro, shopping, dining, Santa Ana College, major freeways, and employment centers. This unique property offers tremendous flexibility for investors, developers, contractors, or owner-users. The homes feature updated kitchens and remodeled bathrooms, individual gas and electric meters, private yard areas, and ample on-site parking. The oversized lot presents outstanding long-term potential for renovation, expansion, redevelopment, or future improvements. Whether you're seeking a value-add investment, multi-generational living, or a property with significant land value and future upside, opportunities like this are increasingly difficult to find. Conveniently located near the 22, 57, and 5 Freeways with excellent access to South Coast Plaza, Downtown Santa Ana, and Orange County's major employment corridors. Properties with this combination of lot size, location, and future upside rarely become available. Don't miss this exceptional investment opportunity, which is sure to please!

2430 W 6th Street Unit A&B, Santa Ana

$925,000

PW26144828 MLS ⋅ Active Status

Charming, character-rich, and full of upside — this 100-year-old duplex in Santa Ana’s coveted Museum District, adjacent to Floral Park, is a rare find for the savvy investor. Zoned for Commercial & Residential, the possibilities are endless! Live in one and work in the other. The property features a spacious 2-bedroom, 1-bath unit and a cozy 1-bedroom, 1-bath unit, both brimming with the vintage detail and craftsmanship you’d expect from a home of this era. Best of all, the property sits on Santa Ana’s Historic Registry, opening the door to potential Mills Act designation — meaning significant, ongoing property tax savings for the right buyer. But the real surprise is out back: a huge, private backyard oasis offering serious future potential, whether that’s an additional ADU or even a second duplex (buyer to verify with the city). It’s quiet, secluded, and full of possibilities. Location seals the deal — you’re walking distance to the Bowers Museum, Discovery Cube, and MainPlace Mall, which is undergoing an exciting transformation into a mixed-use indoor/outdoor entertainment and lifestyle destination. Also close by and walkable is the reinvisioned Park Santiago with playgrounds, walking trails, and Lawn Bowling for the outdoor enthusiasts. Character. Cash flow. Tax advantages. Room to grow. This one checks every box — don’t miss it!

207 W Buffalo Avenue, Santa Ana

$1,089,000

SR26142662 MLS ⋅ Active Status

Exceptional opportunity to own a well-maintained duplex in the heart of Santa Ana. Located at 4617-4619 W. 3rd Street, this income-producing property offers two separate residences, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking steady rental income with significant upside potential. Each unit features its own private entrance, functional floor plan and dedicated living spaces designed for comfort. The property and surrounding neighborhood offer ample parking for added convenience and tenant appeal. In addition a large side yard / backyard area makes it ideal for young families or backyard grillers. Conveniently situated near shopping, dining, schools, parks and major freeways, this centrally located property provides easy access to all that Orange County has to offer. Whether you are looking to expand your investment portfolio or purchase a property with long-term income potential, this is an opportunity you wont want to miss.

4619 W 3rd, Santa Ana

$3,000,000

PW26139159 MLS ⋅ Active Status

This 11 unit historic Frank Lloyd Wright inspired architecture built in 1905 consists of (4) studios, (6) one-bedroom/one-bath units and (1) two-bedroom/one-bath unit. The property is in a strong rental market of Santa Ana at the intersection of North Broadway and West Washington. Ten of the eleven units have been renovated with newer kitchen cabinetry, countertops, shower enclosures, bathroom vanities and sinks.

1301 N Broadway, Santa Ana

$1,150,000

PW26118319 MLS ⋅ Active Status

Discover the possibilities with this versatile two unit property located near Santa Ana’s thriving downtown district. Offering two separate residences on one parcel, this property presents exceptional potential for owner occupants, investors or those seeking a live/work opportunity. The front residence features approximately 1,750 SF of living space with 5 bedrooms and 1.5 bathrooms. Thoughtfully updated, the home showcases dual-pane windows, hardwood flooring, two fireplaces, a well-appointed kitchen and an abundance of natural light throughout. A covered patio extends the living space outdoors, ideal for relaxing or entertaining. Privately situated behind the garage, the second residence offers approximately 750 SF feet with 2 bedrooms and 1.5 bathrooms. Both residences are well maintained and designed for comfortable living with functional layouts. Each unit enjoys its own private yard and laundry area, along with shared access to a spacious 2 car garage and ample on site parking. The expansive approximately 9,583 SF lot provides exceptional flexibility, privacy, future potential and is enhanced by mature fruit trees including orange, lemon, fig, and persimmon. Whether generating rental income, accommodating extended family or occupying one unit while leasing the other, this property offers outstanding versatility and long term value. The property is also zoned for professional use; buyers are advised to verify permitted uses directly with the City of Santa Ana.

1514 E 4th, Santa Ana

$1,270,000

OC26097142 MLS ⋅ Active Status

Excellent opportunity to own a well-located income property in the highly desirable 92705 zip code in Santa Ana. Situated on a quiet residential street, this multifamily asset offers approximately 2,280 square feet of living space with R-2 zoning, providing flexibility for duplex or small multifamily use. Built in the 1970s, the property is surrounded by a stable mix of single-family homes and multifamily residences, contributing to consistent rental demand. The location offers strong tenant appeal with a walkable setting near shopping, dining, and everyday conveniences along 17th Street and Tustin Avenue. Easy access to the 55 and 22 freeways allows for convenient commuting throughout Orange County, including nearby employment hubs in Irvine, Costa Mesa, and Anaheim. Current rents present upside potential relative to market averages, offering investors the opportunity to increase income through interior updates and operational improvements. Ideal for both owner-users and investors seeking stable cash flow with long-term appreciation in a high-demand area. Don’t miss this chance to acquire a desirable duplex in one of Santa Ana’s most sought-after neighborhoods.

2229 Ponderosa, Santa Ana

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.