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$745,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
  • Updated 13 days ago
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Two adjacent fourplex buildings in central Santa Ana, located at 1512 W 5th Street and 1516 W 5th Street. Each property is on its own parcel and can be purchased together as a portfolio or separately, giving investors flexibility in their approach.Both buildings were constructed in 1951 and share identical layouts, with each consisting of four 1-bedroom, 1-bathroom units. The properties are occupied by long-term, month-to-month tenants, creating a stable foundation with the potential to reposition and increase overall performance.The buildings are situated in a desirable part of Santa Ana, just minutes from City Hall, the Civic Center, and major employment hubs. The central location also offers convenient access to retail, dining, and public transportation, making the area attractive to renters and supporting long-term demand.This offering provides a rare chance to acquire classic mid-century rental assets with strong upside in one of Orange County's most dynamic multifamily markets.

Full Property Details for 1516 W 5th St

General

  • Sold For: $745,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25598753
  • Added to Site: 110 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Other Features: None

Parking

  • Garage Description: Driveway

Location

  • Area: Santa Ana North of First
  • County: Orange
  • Cross Streets: W Santa Ana Blvd and N Bristol St
  • Driving Directions: W Santa Ana Blvd & N Bristol St

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Common Walls: Attached
  • Stories/Levels: 1
  • Square Feet: 1,572
  • Sq. Ft. Source: Assessor
  • Year Built: 1951
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size: 6098
  • Lot Size Source: Assessor

Financial Considerations

  • Price Per Sq. Ft.: $540.71
  • Assessment Year: 1951

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 405-054-07

Listed by Exp Commercial of California, Inc., Tyler Brand
Sold by R L M Equities, Randall Mycorn

Listing agent

— 1516 W 5th St —

  • Tyler Brand

    Exp Commercial of California, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1516 W 5th St

School District:Santa Ana Unified School District
NameGradesDistance
George Washington Carver Elementary School
1401 West Santa Ana Boulevard, Santa Ana, CA 92703
K-30.1 mi
Valley High School
1801 South Greenville Street, Santa Ana, CA 92704
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1516 W 5th St

Date
Details
Price
Change
Source
1/02/2026
Sold
$745,000
-12.35%
MLS
12/13/2025
Price Reduced
$850,000
-2.86%
MLS
10/30/2025
Price Reduced
$875,000
-2.67%
MLS
9/29/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Exp Commercial of California, Inc., Tyler Brand
Sold by R L M Equities, Randall Mycorn

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1516 W 5th St, Santa Ana, CA 92703 (MLS# 25598753) is a Multi-Family property that was sold at $745,000 on January 02, 2026. Want to learn more about 1516 W 5th St? Do you have questions about finding other Multi-Family real estate for sale in Santa Ana? You can browse all Santa Ana real estate or contact a Coldwell Banker agent to request more information.