2738 West Keller Avenue

Santa Ana, CA 92704

$1,795,000
Price
9
Beds
7
Baths
4,366 Sq. Ft.
$411 / Sq. Ft.
4,366
Sq. Ft.
$411
per Sq. Ft.

Description

Exceptional South Coast Metro 4-Plex in a prime location! This well-located and highly desirable Covington 4-Plex is situated in a sought-after rental neighborhood near South Coast Plaza and directly across the street from Calvary Chapel, a strong draw for tenants. Located in one of the best 4-Plex tracts in Orange County near Fairview and Sunflower in Santa Ana, it’s within walking distance of South Coast Plaza and offers close access to the 405 freeway. The property features a spacious single-story...Exceptional South Coast Metro 4-Plex in a prime location! This well-located and highly desirable Covington 4-Plex is situated in a sought-after rental neighborhood near South Coast Plaza and directly across the street from Calvary Chapel, a strong draw for tenants. Located in one of the best 4-Plex tracts in Orange County near Fairview and Sunflower in Santa Ana, it’s within walking distance of South Coast Plaza and offers close access to the 405 freeway. The property features a spacious single-story 3-bedroom, 2-bathroom main unit with a double-car garage, a cozy fireplace, and no unit above. Additionally, there are two large 2-bedroom, 2-bathroom units (stacked) and a 2-bedroom, 1-bathroom unit above the garages. Each unit has its own garage, laundry hookups, and private patio or balcony, with the added convenience of a single-loaded alley offering garages on one side only. This prime property is also near Metro Pointe Shopping Center and top-rated schools. All units are currently occupied with good-paying tenants, making this a turn-key investment opportunity in an unbeatable location. Act quickly—this one won’t last!
  1. Listed by Eric Reichert • DRE #00967215 • Brokerage DRE #01268680 • OCProperties • 714-842-3159

Property Details for 2738 West Keller Avenue

Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4366
Assessor Parcel Number
414-022-27
LISTING UPDATED: 11/16/2024 01:06 AM

Property Details for 2738 West Keller Avenue

StatusActive
MLS #OC24234859
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.17 AC / 7,405 SF
CountyOrange County

Building Information for 2738 West Keller Avenue

Stories2Residences-Year Built1969Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 2738 West Keller Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $104,748
  • Gross Scheduled Income: $104,748
  • Gross Spendable Income: $66,831
  • Gross Operating Income: $104,748
  • Net Operating Income: $66,831
  • Number Of Rented Garages: 4
  • Gross Multiplier: 17.1
  • Cap Rate: 3.72
Expense Details
  • Operating Expense: $37,917
  • Operating Expense Percent: 36.00%
  • New Taxes Expense: $19,948
  • Gardener Expense: $1,290
  • Fuel Expense: $0
  • Licenses Expense: $142
  • Pest Control Expense: $655
  • Electric Expense: $530
  • Insurance Expense: $1,712
  • Maintenance Expense: $7,511
  • Maintenance Percent: 7.20%
  • Trash Expense: $3,749
  • Water Sewer Expense: $2,380
  • Total Expenses: $37,917
Tax / Assessment Info
  • Tax Tract Number: 6798
  • Tax Census Tract: 741.06
  • CFD/Mello-Roos Fee: $1,035
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage, See Remarks
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Roof: Composition, Flat
  • Entry Location: ground
  • Fence: Yes
  • Fence: Vinyl, Wood
  • Fencing: Vinyl, Wood
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved
  • Road Frontage Type: Alley, City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Covered
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,727
  • Unit Type Total Rent: $2,727
  • Unit Type Pro Forma: 2727
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,466
  • Unit Type Total Rent: $2,466
  • Unit Type Pro Forma: 2466
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,768
  • Unit Type Total Rent: $1,768
  • Unit Type Pro Forma: 1768
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,768
  • Unit Type Total Rent: $1,768
  • Unit Type Pro Forma: 1768
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2738 West Keller Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2738 West Keller Avenue

Taxable ValueLand$1,541,417Additions$196,051Total$1,737,468
Tax Record2024$20,407 ($1,701 / month)
Home Facts
Total Finished SqFt4,366 SqFtAbove Grade Finished SqFt4,366 SqFtStories2Lot Size7,552 SqFtStyleQuadraplexYear Built1969CountyORANGEAPN414-022-27

Schools near 2738 West Keller Avenue

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Greenville Fundamental Elementary School
PublicK to 5

Mcfadden Intermediate School
PublicK to 8

Segerstrom High School
Public9 to 12

Jim Thorpe Fundamental School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2738 West Keller Avenue is a multi-family home for sale in Santa Ana, CA 92704. This property was listed for sale on November 15, 2024 by OCProperties, it's currently listed at $1,795,000. It has been on the market for a total of 6 days and was last sold on January 24, 2022. This listing's school district is Santa Ana Unified School District. Nearby schools include Greenville Fundamental Elementary School, Mcfadden Intermediate School and Segerstrom High School. 2738 West Keller Avenue is a 9-bed, 7-bath, 4,366 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of OCProperties, Eric Reichert, DRE #00967215

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.