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502 E Wellington Ave , Santa Ana, CA 92701
$1,495,000
Est. Payment: $8,205.12/mo
5018 Sqft
0.19 Acres
Status: Active | Days on site: 363
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Chris Heller
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House Description

Located in Santa Ana's French Park, we have a 6-unit apartment complex, all 2-bedroom, 1-bath units separated between 2 buildings on this corner lot. Two of the units sit above two 1-car garages, with dedicated surface parking for the other four units. Both buildings are 2-story Mediterranean-style with wood-frame windows, washer/dryer hookup in each unit, exterior balconies, and good curb appeal. This is a great value-add opportunity with favorable floor plans. May qualify for the Mills Act property tax act. Call city for details. Potential rents $ 2,295 x6= $137, 700 Actual rents are $90,024
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Highlights

Listed by Albert Ricci , 714-231-6058 Ricci Realty , 714-633-3600. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.19

Year Built

1929

County

Orange

Area

70 - Santa Ana North of First

Listing ID

PW25101546

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:0-1 Unit/Acre,Rectangular Lot,No Land Lease
Roof:Spanish Tile
Others:
  • ▪ Additional:Stucco, 2+ Total Units
Principal Interest
$8,205
Taxes
$953

Home Price

$1,495,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$299,000
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:
$8,205.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,205.12 $953.06 $0.00 $9,158.18
Yearly $98,461.42 $11,436.75 $0.00 $109,898.17
Total $2,953,842.68 $343,102.50 $0.00 $3,296,945.18

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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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.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T15:14:42.000Z

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