$1,395,000
$105K PRICE DROP

Estimated payment $8,798/month

Total Views 9,616
8 Beds
4 Baths
3,150 Sq Ft
$443 Price per Sq Ft

About This Home

$105,000 PRICE REDUCTION - MOTIVATED SELLER - We are pleased to present 2526 W McFadden Avenue, a well-maintained four-unit multifamily property in Santa Ana, CA. Built in 1961, it offers 3,150 rentable SF on a 6,791 SF lot, with all two-bedroom, one-bath units. The property includes four (4) attached garages, two (2) surface spaces, and ample street parking. Each unit features spacious layouts, landlord-owned in-unit washer/dryers, and abundant natural light, with two units offering private patios. Individually metered for gas and electricity, tenants cover their own utilities, reducing landlord expenses. Recent minor renovations provide a solid foundation for future rent growth.

Listing Agent

Kyle Mirrafati

Matthews Real Estate Investment Services License #01911204 Listed on: 03/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 4 Car Attached Garage
  • 2 Open Parking Spaces
  • On-Street Parking

Interior Spaces

  • 3,150 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 407-031-13

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3150
  • Lot Acreage: 0.1600
  • Stories: 1
  • Year Built: 1961
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Garbage Disposal
  • Price Per S Q F T: 442.86

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Parking Garage: Attached, Private, On street
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 7.30
  • Assessed Improvement Value: 98222
  • Assessed Land Percent: 92.7
  • Assessed Land Value: 1247390
  • Total Assessed Value: 1345612
  • Assessor Parcel Number: 407-031-13
  • Lot Size Area: 6970

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.81
  • Number Of Units: 4
  • Total Annual Expense: 30579
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $1,395,000 -2.1% $443 / Sq Ft
04/23/2025 04/23/25 Price Changed $1,425,000 -5.0% $452 / Sq Ft
03/21/2025 03/21/25 For Sale $1,500,000 +19.5% $476 / Sq Ft
10/31/2019 10/31/19 Sold $1,255,000 +0.4% $398 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $1,250,000 +38.9% $397 / Sq Ft
10/31/2018 10/31/18 Sold $900,000 0.0% $286 / Sq Ft
07/10/2018 07/10/18 Price Changed $900,000 -2.2% $286 / Sq Ft
06/02/2018 06/02/18 For Sale $920,000 0.0% $292 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
01/05/2018 01/05/18 Price Changed $920,000 -2.1% $292 / Sq Ft
01/05/2018 01/05/18 For Sale $940,000 +4.4% $298 / Sq Ft
12/11/2017 12/11/17 Off Market $900,000 -- --
11/15/2017 11/15/17 Price Changed $940,000 -1.1% $298 / Sq Ft
11/09/2017 11/09/17 Price Changed $950,888 -3.0% $302 / Sq Ft
08/09/2017 08/09/17 Price Changed $980,000 +2.1% $311 / Sq Ft
08/08/2017 08/08/17 For Sale $960,000 +41.2% $305 / Sq Ft
02/17/2015 02/17/15 Sold $680,000 -1.3% $216 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $689,000 -- $219 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25514815

The MLS

APN: 407-031-13