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$1,325,000
Est. payment /mo
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID OC25161383
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
2729 S. Rosewood Street is a 4-unit multifamily value-add investment opportunity located in the highly sought-after Rosewood Baker neighborhood of Santa Ana, California. Built in 1961, the property features four spacious 2-bedroom, townhome-style units averaging 990 square feet, each equipped with a private garage, private patios, and separately metered utilities for gas and electricity. In 2025, 50% of the units underwent significant renovations, including new kitchen cabinetry, granite countertops, vinyl plank flooring, and updated bathroom fixtures, reflecting attentive ownership and setting the stage for further improvements. With substantial rental upside, this asset presents a compelling value-add opportunity through strategic unit upgrades and rental repositioning. Ideally located less than 1.4 miles from South Coast Plaza, 3.3 miles from John Wayne Airport, and under 4.4 miles from Orange Coast College, the property appeals to a broad tenant base, including families, professionals, and students. Its proximity to major transportation corridors, including the I-405 and 55 Freeway, offers convenient access to key employment centers throughout Orange and Los Angeles Counties, making this a rare opportunity to acquire a well-located, quality multifamily asset with strong income growth potential.
Location
State CA
County Orange
Zoning Assessor
Direction Northeast Corner West Segerstrom Ave and Rosewood Avenue
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 41041304
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Listed by Justin Butler Kirklen Investment Group