Property listed by Kirklen Investment Group, Justin Butler 949-202-7255
$1,325,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
18
Last Updated
Property Type
Quadruplex
Lot Size
0.18 Acres
Year Built
1961
MLS Number
OC25161383
30 Days Snapshot Of 92707
$702k
-12%
(avg) sold price
6
-60%
homes sold
58
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1961, Building area total: 3,960, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs, Gutters, Sidewalks
Expenses
Gardener expense: $2,400, Insurance expense: $2,879, Maintenance expense: $2,800, New taxes expense: $15,817, Operating expense: $30,284, Trash expense: $2,313, Water sewer expense: $2,273, Other expense: $1,802
Garage
4 spaces
Income
Gross income: $62,400, Net operating income: $30,244
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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