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3740 S Marine St, Santa Ana, CA 92704
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3740 S Marine St Santa Ana, CA 92704

$1,799,000
  • 9 Beds
  • 6.75 Baths
  • 4,408 Sq.Ft.
Back Up Offer
$1,799,000 Get Pre-Qualified
Map preview of 3740 S Marine St, Santa Ana, CA 92704

Property Overview: 3740 S Marine St Santa Ana, CA has 9 bedrooms, 6.75 bathrooms, 4,408 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Don’t miss this great investment opportunity for a quadraplex in the sought after Covington area of Santa Ana. This well-maintained building features four separate units, with garages and ample additional parking spaces. The property is located just minutes from the 405 & 55 freeways, beautiful SoCal beaches, and South Coast Plaza. All four of the units are currently occupied by excellent long-term tenants. Unit 1: 3 Bed 1.75 Bath single level with updated kitchen, fireplace in living room, and two car garage. Unit 2: 2 Bed 1.5 Bath on two levels (bedrooms up), granite counters in kitchen, and 1 car garage. Unit 3: 2 Bed 1.75 Bath single level, new light fixtures, 1 car garage. Unit 4: 2 Bed 1 Bath carriage unit above garages with private balcony. Three sides of the building have updated dual pane windows. All units have newer flooring, a combination of either carpet/wood or carpet/woodgrain tile planks. All units have newer heaters, and water heaters. The laundry room is furnished with a full-sized washer/dryer for each unit (total 4 sets). Each unit is metered separately for gas and electricity. There is 1 meter for water. Owner pays gas/elec for common areas and all water.

Listed by Martha Karelius | BRE #00632473 | @Vantage Real Estate
Last checked: 10 minutes ago | Last updated: June 2nd, 2024 | Source CRMLS | DOM: 46
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Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1969
Garage
5 Car
Property Type:
Fourplex
Status
Back Up Offer
MLS#
OC24088029
City
Santa Ana
County
Orange
Time on Site
45 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $22,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,768
  • Total Rent: $21,216
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,794
  • Total Rent: $21,528
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,307
  • Total Rent: $27,684
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $92,628
  • Net Operating Income: $81,610
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $11,018
  • Electric: $636
  • Gas/Fuel: $504
  • Trash: $3,636
  • Gardener: $1,200
  • Insurance: $2,660
  • Water/Sewer: $2,382

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Property Details for 3740 S Marine St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, See Remarks
Room Information
  • Laundry
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Lot 6500-9999, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 41402224
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not 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
  • Directions: Corss streets: W Sunflower Ave., S Fairwiew St.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Santa Ana Agent

Sale History for 3740 S Marine St

Last sold on March 21st, 1985

  • June, 2024

  • Jun 1, 2024

    Date

    Back Up Offer

    CRMLS: OC24088029

    $1,799,000

    Price

  • May 2, 2024

    Date

    Active

    CRMLS: OC24088029

    $1,799,000

    Price

  • March, 1985

  • Mar 21, 1985

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3740 S Marine St

Assessed Value (2020): $420,176
Year Land Value Improved Value Assessed Value
2020 $189,079 $231,097 $420,176

Home Value Compared to the Market

This property vs the competition

3740 S Marine St is listed 125.16% higher than the median list price for the city of Santa Ana which has a median list price of $799,000. The median price per/sqft for Santa Ana is $591 and this home is listed at $408.12 per/sqft which puts the price per square foot 30.94% lower than the median price per square foot for the city of Santa Ana.

About 3740 S Marine St

Detailed summary of property

3740 S Marine St is a fourplex located in Santa Ana, CA 92704 and is currently in escrow to be sold. This fourplex offers 9 bedrooms, 6.75 bathrooms, roughly 4,408 living square feet, and sits on an approximately 7,841 square foot lot. 3740 S Marine St was first listed on ArdentRealEstateGroup.com on May 3, 2024. The homeowner is currently asking $1,799,000. The median priced home in Santa Ana is $799,000 with a median price per square foot of $591. Based on Ardent Real Estate Group's Santa Ana Market Data, this home is listed 125.16% higher than the median priced home. Local competing homes currently for sale include 7161 Main St, 1210 S Athena Way and 1150 S State College Blvd. While the average home in Santa Ana, CA is selling in 54 days, 3740 S Marine St has a days on market of 46 days. There are currently 235 homes for sale in the Santa Ana real estate market and 129 of them are single family homes while 95 of them are condos and 10 are townhomes. For more information on this home for sale at 3740 S Marine St 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 3740 S Marine St

Public county record property details
Beds
--
Baths
--
Year built
1969
Sq. Ft.
4,408
Lot Size
6,447
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
19
APN
414-022-24

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
$670,000
Median List Price/Sq.Ft.
$576
Median Sold Price
$875,000
Median Sold Price/Sq.Ft.
$591
Total Inventory
49
Median Sale to List Price %
111.04%
Avg Days on Market
17
Loan Type
Conventional (52.17%), FHA (13.04%), VA (0%), Cash (17.39%), Other (17.39%)

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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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