5,018 sqft

$1,495,000

502 E Wellington Avenue, Santa Ana CA, 92701

Price per sqft$297.93

Built in1929

Property size5,018 sqft

Property typeCommercial

Overview

Active

Listed May 13, 2025

Updated Jun 2

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

Additional information

MLS^® ID: PW25101546

Interior Features

Basement: No

Exterior Features

Lot Size: 0.19 Acres

Listed by Albert Ricci, Ricci Realty, CA DRE 01011606

Listing Contact: 714-231-6058

Based on information from the CRISNet MLS as of 6/2/2026, 8:33 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.