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1516 W 5th StreetSanta Ana, CA 92703

For Sale

$875,000

Smart Buyer Rebate $8,750

Two adjacent fourplex buildings in central Santa Ana, located at 1512 W 5th Street and 1516 W 5th Street. Each property is on its own parcel and can be purchased together as a portfolio or separately, giving investors flexibility in their approach.Both buildings were constructed in 1951 and share identical layouts, with each consisting of four 1-bedroom, 1-bathroom units. The properties are occupied by long-term, month-to-month tenants, creating a stable foundation with the potential to reposition and increase overall performance.The buildings are situated in a desirable part of Santa Ana, just minutes from City Hall, the Civic Center, and major employment hubs. The central location also offers convenient access to retail, dining, and public transportation, making the area attractive to renters and supporting long-term demand.This offering provides a rare chance to acquire classic mid-century rental assets with strong upside in one of Orange County's most dynamic multifamily markets.

Listed by Tyler Brand

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License #02214185

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Exp Commercial of California, Inc.

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661-886-1226

Last updated November 06, 2025

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Source: CRMLS #25598753

Listing Facts

  • TypeMulti-family
  • NeighborhoodArtesia Pilar
  • Bedrooms4
  • Days on Prevu51
  • Size1,572 sqft
  • Price per sqft$557

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/30/2025
Price Decreased
$875,000
10/29/2025
Status changed to Active
$899,000
10/25/2025
Status changed to Pending
$899,000
10/24/2025
Status changed to Removed from Feed
$899,000
10/24/2025
Status changed to Pending
$899,000
10/23/2025
Status changed to Removed from Feed
$899,000
10/20/2025
Status changed to Pending
$899,000
10/18/2025
Status changed to Active
$899,000
10/17/2025
Status changed to Removed from Feed
$899,000
09/29/2025
Listed by Exp Commercial of California, Inc.
$899,000

Property Details for 1516 W 5th Street

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1951
  • Common Walls: 1 Common Wall

Measurements

  • Building Area Total: 1,572
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,098
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,098
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $46,860.00

Taxes

  • Parcel Number: 40505407

Interior

Measurements

  • Living Area: 1,572
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4

Parking

Parking

  • Open Parking Spaces: 4
  • Parking Features: Driveway
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.