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2625 W Orion Ave, Santa Ana, CA 92704
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2625 W Orion Ave Santa Ana, CA 92704

$1,725,000 Sold Price as of 10/06/2023
  • 9 Beds
  • 7 Baths
  • 4,500 Sq.Ft.
Sold
$1,725,000 Sold Price as of 10/06/2023 Refinance Your Mortgage
Map preview of 2625 W Orion Ave, Santa Ana, CA 92704

Property Overview: 2625 W Orion Ave Santa Ana, CA has 9 bedrooms, 7 bathrooms, 4,500 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to Santa Ana! This fourplex is situated in South Coast Metro on the border of Santa Ana and Costa Mesa. Great unit mix with with one 3 bedroom and three 2 bedroom units. All four units have new dual pane windows, central AC/Heat and all majorly renovated in 2019. Unit 1 offers 3bed/2bath single level floorplan. Unit 2 offers 2bed/2bath floorplan. Unit 3 offers 2 bed/2bath floorplan, while unit 4 offers 2bed/1bath. Great passive income opportunity with low expenses! Live in the front unit and rent the rest. One 2-car garage, three 1-car garages are featured on the property. Convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 FWY, and great schools. Separate electric and gas meters for all units. Units have laundry hook ups in their garages as well as a common laundry room that is currently used as a maintenance storage room but can potentially add additional income. Cleanest and most upgraded covington style property in the area at a good price, good income with great upside potential in rents.

Listed by Elizabeth Do | BRE #01473012 | Keller Williams Realty
Co-listed by Ryan Edwards | BRE #01709031 | Keller Williams Realty
Last checked: 11 minutes ago | Last updated: October 7th, 2023 | Source CRMLS | DOM: 78

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1970
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC23117538
City
Santa Ana
County
Orange
Time on Site
285 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,888
  • Total Rent: $2,888
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,890
  • Total Rent: $1,890
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,990
  • Total Rent: $1,990
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,943
  • Total Rent: $1,943
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $104,532
  • Net Operating Income: $78,399
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $29,804
  • Electric: $300
  • Gas/Fuel: $0
  • New Taxes: $19,800
  • Trash: $3,300
  • Gardener: $1,500
  • Insurance: $2,604
  • Water/Sewer: $2,300

Property Details for 2625 W Orion Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Asphalt, Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 41401318
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: n/a
  • Directions: Major Crossroads: MacArthur Ave and Fairview Rd
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Santa Ana Agent

Sale History for 2625 W Orion Ave

Last sold for $1,725,000 on October 6th, 2023

  • October, 2023

  • Oct 6, 2023

    Date

    Sold

    CRMLS: OC23117538

    $1,725,000

    Price

  • Jul 5, 2023

    Date

    Active

    CRMLS: OC23117538

    $1,800,000

    Price

  • November, 2019

  • Nov 7, 2019

    Date

    Leased

    CRMLS: OC19240012

    $1,800

    Price

  • Oct 27, 2019

    Date

    Active

    CRMLS: OC19240012

    $1,800

    Price

  • Oct 23, 2019

    Date

    Hold

    CRMLS: OC19240012

    $1,800

    Price

  • Oct 10, 2019

    Date

    Active

    CRMLS: OC19240012

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Spacious UPSTAIRS 2 bedroom plus 2 bath apartment in South Coast Metro.Unit features laminate flooring throughout, upgraded kitchen with white shaker cabinets and stainless steel appliances. Both bathrooms have been remodeled. Unit comes with 1 Car Enclosed Garage . Great Location Walk to South Coast Plaza, Entertainment, Restaurants and easy Access to 405/55/73 Freeways and John Wayne Airport.

  • October, 2019

  • Oct 29, 2019

    Date

    Leased

    CRMLS: OC19240034

    $1,800

    Price

  • Oct 22, 2019

    Date

    Hold

    CRMLS: OC19240034

    $1,800

    Price

  • Oct 10, 2019

    Date

    Active

    CRMLS: OC19240034

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Spacious Downstairs 2 bedroom plus 2 bath apartment in South Coast Metro.Unit features laminate flooring throughout, upgraded kitchen with white shaker cabinets and stainless steel appliances. Both bathrooms have been remodeled. Unit comes with 1 Car Enclosed Garage . Great Location Walk to South Coast Plaza, Entertainment, Restaurants and easy Access to 405/55/73 Freeways and John Wayne Airport.

  • September, 2019

  • Sep 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,397,000

    Price

Show More

Tax History for 2625 W Orion Ave

Assessed Value (2020): $1,427,648
Year Land Value Improved Value Assessed Value
2020 $1,256,330 $171,318 $1,427,648

Home Value Compared to the Market

This property vs the competition

2625 W Orion Ave sold on October 6, 2023 for 133.33% higher than the current median sold price for the city of Santa Ana which is $750,000. The median sold price per/sqft for Santa Ana is $561 and this home is sold at $388.89 per/sqft which puts the price per square foot 30.68% lower than the current median sale per square foot for the city of Santa Ana.

About 2625 W Orion Ave

Detailed summary of property

2625 W Orion Ave is a fourplex that recently sold in Santa Ana, CA 92704. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,500 living square feet, and sits on an approximately 7,405 square foot lot. 2625 W Orion Ave was first listed on ArdentRealEstateGroup.com on July 5, 2023. The homeowner sold the property for $1,725,000. Home in Santa Ana are selling for a median price of $750,000 and a median price per square foot of $561. Based on Ardent Real Estate Group's Santa Ana Market Data, this home is sold 133.33% higher than the current median priced home. Local homes that are currently for sale include 310 E Wakefield Ave, 483 S Pine St and 715 California. While the average home in Santa Ana, CA is selling in 47 days, 2625 W Orion Ave has a days on market of 78 days. There are currently 240 homes for sale in the Santa Ana real estate market and 136 of them are single family homes while 95 of them are condos and 8 are townhomes. For more information on this home for sale at 2625 W Orion Ave Santa Ana, CA 92704 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 2625 W Orion Ave

Public county record property details
Beds
--
Baths
--
Year built
1970
Sq. Ft.
4,345
Lot Size
7,433
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
23
APN
414-013-18

The source for these homes facts are from public records.

92704 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$645,000
Median List Price/Sq.Ft.
$543
Median Sold Price
$855,000
Median Sold Price/Sq.Ft.
$610
Total Inventory
60
Median Sale to List Price %
100.59%
Avg Days on Market
16
Loan Type
Conventional (43.75%), FHA (12.5%), VA (0%), Cash (18.75%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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