Santa Ana, CA 92701,500 E 15th
Santa Ana, CA 92701,500 E 15th
Santa Ana, CA 92701,500 E 15th
Santa Ana, CA 92701,500 E 15th
Santa Ana, CA 92701,500 E 15th
Santa Ana, CA 92701,500 E 15th
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
25
Jan
Mon
26
Jan
Tue
27
Jan
Craig Hulbert

Craig Hulbert

+1(858) 752-3447
$ 1,250,000
Est. payment | /mo

3 Beds

4 Baths

7,405 Sqft Lot

Save
$ 1,250,000
Est. payment | /mo
Save

3 Beds

4 Baths

7,405 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25256599

Bedrooms 3

Lot Size 7,405 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Introducing 500 E 15th St, a well-maintained triplex in the heart of Santa Ana offering strong current income and excellent upside potential. Situated on a 7,405 SF R3 lot, this 1,826 SF multifamily property features three spacious one-bedroom units and approved ADU plans ready to build. A perfect opportunity for investors seeking both stability and future growth. The current unit mix includes one (1) 1-bedroom, 1.5-bath unit (approx. 826 SF) and two (2) 1-bedroom, 1-bath units (approx. 500 SF each). Each residence offers functional layouts with natural light and private access. The property benefits from its prime location near Downtown Santa Ana, schools, and major freeways, offering consistent tenant demand and strong rental fundamentals. With ADU plans approved by the City of Santa Ana for a 515 SF 1-bedroom, 1-bath garage conversion, investors can immediately unlock additional rental income potential. The R3 zoning allows for future development flexibility, while the existing structure provides reliable cash flow today. Located within the Santa Ana Unified School District, this property is ideal for both value-add investors and 1031 exchange buyers looking to grow their Orange County portfolio. This is a rare opportunity to acquire a turnkey triplex with city-approved ADU expansion potential in one of Orange Countys most centrally located rental markets.

Location

State CA

County Orange

Zoning Public Rec

Direction Off of Main St down almost to the end of 15th

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 39814216

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

MLS Router / San Diego MLS
Listed by Tyler Rogina Compass

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    El Sol Santa Ana Science and Arts Academy

    Public | KG - 8

  • 7

    John Muir Fundamental Elementary School

    Public | KG - 5

  • 7

    Heritage Elementary School

    Public | KG - 5

  • 7

    McPherson Magnet

    Public | KG - 8

  • 6

    Riverdale Elementary School

    Public | KG - 6

  • 6

    Gonzalo Felicitas Mendez Fundamental Intermediate School

    Public | 5 - 8

  • 6

    Franklin Elementary School

    Public | KG - 5

  • 6

    West Orange Elementary School K - 5

    Public | KG - 5

  • 6

    Walker Elementary School

    Public | KG - 5

  • 6

    Handy Elementary School

    Public | KG - 6

  • 5

    Lampson Elementary School K - 5

    Public | KG - 5

  • 5

    Carl Harvey Elementary School

    Public | KG - 5

  • 5

    Santiago K - 8 School

    Public | KG - 8

  • 5

    Martin Elementary School

    Public | KG - 5

  • 5

    Pio Pico Elementary School

    Public | KG - 5

  • 5

    Orange County Educational Arts Academy

    Public | KG - 8

  • 5

    Hoover Elementary School

    Public | KG - 5

  • 5

    Madison Elementary School

    Public | KG - 5

  • 5

    Palmyra Elementary School

    Public | KG - 6

  • 5

    Jeane Thorman Elementary School

    Public | KG - 5

Middle Schools 13
  • 10

    Ocsa

    Public | 7 - 12

  • 6

    Leroy L. Doig Intermediate School

    Public | 7 - 8

  • 5

    Columbus Tustin Middle School

    Public | 6 - 8

  • 4

    Portola Middle School

    Public | 6 - 8

  • 4

    Raymond A. Villa Fundamental Intermediate School

    Public | 6 - 8

  • 4

    Sycamore High (Alternative)

    Public | 7 - 12

  • 4

    Currie Middle School

    Public | 6 - 8

  • 1

    Carr Intermediate School

    Public | 6 - 8

  • 1

    Willard Intermediate School

    Public | 6 - 8

  • 1

    Lathrop Intermediate School

    Public | 6 - 8

  • 1

    Sierra Preparatory Academy

    Public | 6 - 8

  • 0

    Community Day Intermediate and High School

    Public | 7 - 12

  • 0

    Ousd Community Day

    Public | 7 - 12

High Schools 13
  • 9

    Nova Academy

    Public | 9 - 12

  • 8

    The Academy

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 6

    Tustin High School

    Public | 9 - 12

  • 3

    Valley High School

    Public | 9 - 12

  • 3

    Orange High School

    Public | 9 - 12

  • 3

    Century High School

    Public | 9 - 12

  • 2

    Santa Ana High School

    Public | 9 - 12

  • 0

    Lorin Griset Academy

    Public | 9 - 12

  • 0

    Mater Dei High School

    Private | 9 - 12

  • 0

    Central Orange County Cte Partnership (Ctep)

    Public | 10 - 12

  • 0

    Cesar E. Chavez High School

    Public | 9 - 12

  • 0

    Hillview High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.
Craig Hulbert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 752-3447

craig.hulbert@exprealty.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Craig Hulbert, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

500 E 15th