About 502 E Wellington Avenue
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
Features of 502 E Wellington Avenue
| MLS® # | PW25101546 |
|---|---|
| Price | $1,495,000 |
| Bathrooms | 0.00 |
| Lot Size | 8,276 |
| Year Built | 1929 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
| # Of Units | 6 |
Community Information
| Address | 502 E Wellington Avenue |
|---|---|
| Area | 70 - Santa Ana North of First |
| City | Santa Ana |
| County | Orange |
| Zip Code | 92701 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | Rectangular Lot, ZeroToOneUnitAcre |
| Roof | Spanish Tile |
| Construction | Stucco |
Additional Information
| Date Listed | May 13th, 2025 |
|---|---|
| Days on Market | 428 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Albert Ricci |
|---|---|
| Office | Ricci Realty |