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Sold for $1,195,000 on 10/23/25
  • Listing Provided by: 

    Greg Bassirpou DRE #01365951 gbassirpou@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with: HomeSmart, Evergreen Realty
    $1,195,000

    1236 W 2nd St #1-4, Santa Ana, CA 92703

    8beds
    8baths
    2,400sqft
    Quadruplex
    Built in 1960
    -- sqft lot
    $1,198,900 Zestimate®
    $498/sqft
    $-- Estimated rent

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    $7,363/mo

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    What's special

    We are pleased to present the Second Street Apartments, a well-maintained 4-unit multifamily asset located in the heart of Santa Ana, CA. The property consists of (4) 1-bedroom / 1-bathroom units, each offering functional layouts and desirable amenities for long-term tenants. Features include secure gated entry, on-site surface parking, on-site laundry room and low-maintenance landscaping – making this a turnkey investment for both seasoned and first-time multifamily buyers. Situated in the established Pico-Lowell neighborhood of Santa Ana, this property benefits from close proximity to major employment hubs, shopping centers, schools, and transportation corridors including the 5 and 55 Freeways. Santa Ana is one of Orange County’s most robust rental markets, fueled by a strong working-class tenant base, limited housing supply, and steady population growth. The city continues to see revitalization efforts, with new developments, infrastructure upgrades, and cultural attractions adding to its long-term investment appeal. This is a rare opportunity to acquire a stabilized, income-producing asset in a supply-constrained Orange County market – ideal for investors seeking dependable cash flow and long-term appreciation.

    Zillow last checked: 8 hours ago

    Listing updated: November 03, 2025 at 06:50pm

    Listing Provided by:

    Greg Bassirpou DRE #01365951 gbassirpou@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with:

    Marylou Langley, DRE #01808643

    HomeSmart, Evergreen Realty

    Source: CRMLS,MLS#: OC25191369MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: On Site
    • Uncovered spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground
    • Pool features: None
    Lot
    • Size: 6,284 sqft
    • Features: Near Public Transit
    Details
    • Parcel number: 00813105
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Santa Ana
    • Subdivision: Bessonett

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
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    Estimated market value
    $1,198,900