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$1,649,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago
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Ideally situated in the highly desirable South Coast Metro area, along the border of Santa Ana and Costa Mesa, this upgraded fourplex presents an exceptional investment opportunity with strong income potential and room for future rent growth. The property features an attractive unit mix consisting of one 3-bedroom, 2-bathroom unit and three 2-bedroom units, including two 2-bathroom units and one 1-bathroom unit. The property offers an ideal opportunity for both investors and owner-occupants. Live in the front unit while generating rental income from the remaining three units, or maximize the property's income potential by leasing all four units. Additional features include four private garages-one two-car garage and three one-car garages-as well as separate gas and electric meters for each unit. Each unit also has laundry hookups in its respective garage. A separate common laundry room, currently utilized for maintenance storage, offers the potential to create an additional income stream. Enjoy a convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 Freeway, and excellent local schools. With its desirable Covington-style architecture, extensive upgrades, practical amenities, and attractive location, this fourplex offers a compelling combination of rental income, long-term appreciation potential, and future upside through rental growth.

Full Property Details for 2731 W Orion Ave

General

  • Price: $1,649,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: LG26219043
  • Updated: 10/22/2026
  • Days on Market: 3 days
  • Added to Site: 4 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom, Main Floor Primary Bedroom, Kitchen, Great Room, Living Room, Main Floor Bedroom, Family Room, Primary Suite, Primary Bathroom
  • Interior Features: Open Floorplan
  • Fireplace(s): Living Room
  • Appliances: Gas Cooktop, Disposal, Water Heater Central, Gas Range, Dishwasher
  • Flooring: Tile, Carpet, Laminate

Rooms

Other Rooms

  • Laundry: Individual Room, In Garage, Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Garage
  • Parking: Garage

Location

  • Area: 69 - Santa Ana South of First
  • County: Orange
  • Development Name: 69 - Santa Ana South of First
  • Driving Directions: Fairview Avenue North to Aurora Street, right on Aurora Street, left of Marine Street

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Architectural Style: Traditional
  • Foundation: Slab
  • Roof: Composition
  • Windows: Drapes, Blinds, Screens
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,345
  • Year Built: 1970

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,970
  • Lot Size Source: Assessor
  • Lot Description: Corner Lot, Level with Street, Lot 6500-9999, Rectangular Lot, 0-1 Unit/Acre, Level, Near Public Transit, Park Nearby, Front Yard, Garden, Lawn, Yard

Financial Considerations

  • Price Per Sq. Ft.: $379.52
  • Price Per Unit: 412250

Listed by Arbor Real Estate, Matt Perry

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Listing agent

— 2731 W Orion Ave —

  • Matt Perry

    Arbor Real Estate

949-233-8161

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2731 W Orion Ave

School District:Santa Ana Unified School District
NameGradesDistance
Mcfadden Intermediate School
2701 South Raitt Street, Santa Ana, CA 92704
6-81 mi
Jefferson Elementary School, Santa Ana, CA
1522 West Adams Street, Santa Ana, CA 92704
K-61.3 mi
Segerstrom High School
2301 West MacArthur Boulevard, Santa Ana, CA 92704
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2731 W Orion Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/21/2026
Listed
$1,649,000
385%
MLS
1/12/1996
Sold
$340,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2731 W Orion Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,432
—
$576,115
2%
2025
$7,432
3%
$564,819
2%
2024
$7,234
3%
$553,745
2%
2023
$7,050
1%
$542,888
2%
2022
$6,965
2%
$532,244
2%
2021
$6,809
—
$521,808
1%
2020
$6,816
2%
$516,458
2%
2019
$6,693
4%
$506,332
2%
2018
$6,451
1%
$496,404
2%
2017
$6,395
2%
$486,671
2%
2016
$6,272
1%
$477,129
2%
2015
$6,192
2%
$469,963
2%
2014
$6,084
2%
$460,758
—
2013
$5,981
—
$458,676
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2731 W Orion Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Arbor Real Estate, Matt Perry

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2731 W Orion Avenue, Santa Ana, CA 92704 (MLS# LG26219043) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2731 W Orion Avenue is currently listed for $1,649,000 and was received on October 21, 2026. Want to learn more about 2731 W Orion Avenue? 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.

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