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Meridian Real Estate & Investments
213 S Baker, Santa Ana, CA 92703
- $1,300,000
- List Price
- $1,300,000
- Status
- ACTIVE
- MLS#
- PW26232361
- Year Built
- 1957
- Lot Size
- 7,998
- Acres
- 0.18
- Lot Location
- Walkstreet
- Days on Market
- 3
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Neighborhood
- Othr
Property Description
Excellent Investment Opportunity in the Heart of Santa Ana! Don’t miss this exceptional opportunity to own a well-maintained triplex in a desirable Santa Ana inside corner lot location with strong rental demand. Conveniently situated near Bristol Street and South Coast Plaza, the property benefits from nearby shopping, dining, employment centers, and ongoing development throughout the surrounding area. This income-producing property features three spacious, tenant-occupied units with established long-term tenants, offering immediate rental income. Recent improvements include a brand-new roof installed in October 2026 with a stated 25-year lifespan and replacement of all water heaters in 2024. Individual solar power system for each Unit. Property Features & Current Rental Income: * Unit #213: 2 bedrooms, 1 bathroom, approximately 900 sq. ft. Currently rented for $2,180/month (no garage). * Unit #221: 3 bedrooms, 1 bathrooms, approximately 840 sq. ft. Currently rented for $2,270/month, including an attached one-car garage. * Unit #223: 3 bedrooms, 1 bathroom, approximately 840 sq. ft. Currently rented for $2,270/month, including an attached one-car garage. Total Monthly Rental Income: $6,720 Total Annual Rental Income: $80,640 With consistent rental income, long-term tenants, recent capital improvements, and a convenient central location, this triplex presents an excellent opportunity for investors seeking a valuable addition to their real estate portfolio. A fantastic investment opportunity you won’t want to miss!
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $80,640
- Operating Expense
- 3700
Listing courtesy of Listing Agent: Brian Tran (BRIANTRAN3154@GMAIL.COM) from Listing Office: HPT Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.