Matthews Real Estate Investment Services™, as the exclusive listing agent, is pleased to offer the opportunity to acquire 2526 W McFadden Avenue. This property presents an incredible opportunity for an investor to capitalize on rental upside potential by executing a strategic plan to boost net income. Built in 1961, this well-positioned property offers ±3,150 rentable SF on a ±6,791 SF lot featuring an excellent unit mix of 100% 2 bedroom 1 bathroom units. The property features ample on-site parking, including attached single-car garages and surface spaces with ample street parking. Each unit boasts spacious layouts with in-unit washers and dryers owned by landlord, two units offering private patios, and abundant natural light, providing a comfortable and appealing living experience for tenants. The property is individually metered for gas and electricity, and tenants are responsible for their own gas and electricity costs, reducing landlord operating expenses. All four units underwent minor renovations in the last few years offering a strong foundation for future rent growth.
2526 W McFadden Avenue represents a unique opportunity to acquire a well-positioned property in the thriving rental market of Santa Ana. With ongoing developments, job creation throughout the submarket, and increasing demand for rental housing, this property offers an investor the ability to capture rental upside while benefiting from the long-term appreciation and stability of Santa Ana’s prime multifamily market.
Broker of Record - David Harrington - License No. 2168060 (CA)
OM Link: https://www.matthews.com/properties/mf-2526-w-mcfadden-avenue-santa-ana-ca/