1609 Cedar , Santa Ana, CA 92707
$1,025,000
Est. Payment: $5,175.95/mo
2 Bed
2 Bath
0 Sqft
Status: active | Days on site: 23
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

We are pleased to present 1609 S. Cedar Street, a three-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of one single-story two-bedroom/one-bath home and two townhouse-style two-bedroom/one-and-a-half-bath units offering tenants a distinctive living experience rarely found in multi-family housing. Each unit includes its own private garage, with one unit featuring direct interior garage access, and all units offer large fenced private patios and in-unit washer and dryer hookups. All units are separately metered for gas and electric resulting in zero utility expense for the owner. Additional street and alley parking provides tenants convenience beyond their individual garages. Two of the three units have received nearly complete interior renovations including new drywall, flooring, granite countertops, new cabinetry, updated kitchen and bathroom fixtures, gas range, and forced air heating and cooling. The exterior has also been upgraded with new windows throughout, enhancing curb appeal and energy efficiency. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless conne

Highlights

Listed by Matthew Hoyt , 949-283-1696 Hoyt Real Estate, Inc. , 949-619-6159. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

County

Orange

Listing ID

PW26154788

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$5,176
Taxes
$653

Home Price

$1,025,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$205,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,175.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,175.95 $653.44 $0.00 $5,829.39
Yearly $62,111.39 $7,841.25 $0.00 $69,952.64
Total $1,863,341.72 $235,237.50 $0.00 $2,098,579.22

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Santa Ana, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-10T22:38:39.000Z

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