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
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Get your home evaluationFeatures of 502 E Wellington Avenue
| MLS® # | PW25101546 |
|---|---|
| Price | $1,495,000 |
| Bathrooms | 0.00 |
| Acres | 0.19 |
| Year Built | 1929 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
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 | 503 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Albert Ricci |
|---|---|
| Office | Ricci Realty |
Listing Map
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With over $750 Million in real estate sales, The Aaronson Group offers an unparalleled level of service to our highly respected clients. Whether you are looking to buy or sell your home, we guarantee that our expertise, professionalism & dedication will navigate you towards meeting your unique real estate needs.
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