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$1,250,000

For Sale

5 months ago

500 E 15Th St, Santa Ana, CA

House

MLS® PW25256599

0 Bed

0 Bath

--

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 148
Lot Size 
Approx. Age 1948
MLS® Number PW25256599

Property Address: 500 E 15th St, Santa Ana, CA, 92701-2302

Average square foot calculated using Size range provided by listing agent.

Description

Introducing 500 E 15th St, a well-maintained triplex in the heart of Santa Ana offering strong current income and excellent upside potential. Situated on a 7, 405 SF R3 lot, this 1, 826 SF multifamily property features three spacious one-bedroom units and approved ADU plans ready to build. A perfect opportunity for investors seeking both stability and future growth. The current unit mix includes one (1) 1-bedroom, 1.5-bath unit (approx. 826 SF) and two (2) 1-bedroom, 1-bath units (approx. 500 SF each). Each residence offers functional layouts with natural light and private access. The property benefits from its prime location near Downtown Santa Ana, schools, and major freeways, offering consistent tenant demand and strong rental fundamentals. With ADU plans approved by the City of Santa Ana for a 515 SF 1-bedroom, 1-bath garage conversion, investors can immediately unlock additional rental income potential. The R3 zoning allows for future development flexibility, while the existing structure provides reliable cash flow today. Located within the Santa Ana Unified School District, this property is ideal for both value-add investors and 1031 exchange buyers looking to grow their Orange County portfolio. This is a rare opportunity to acquire a turnkey triplex with city-approved ADU expansion potential in one of Orange County’s most centrally located rental markets.
MLS® NumberPW25256599
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1948
Basement
DrivewayCarport, Driveway, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 11, 2025List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
500 E 15Th St, Santa Ana, CA

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