Listed by Christian Espinoza, Greysteel California, Inc., (310) 439-5794
626 E 3rd St
Santa Ana, CA 92701
Lacy- 4 Beds
- 4 Baths
- 1,740 sqft
4 Beds
4 Baths
1,740 sqft
Local Information
-- mins to
Description
We are pleased to present the opportunity to acquire a turnkey investment property located at 626 E. 3rd St. in Santa Ana. The property consists of four (4) fully updated one-bedroom one-bathroom units that have undergone significant interior and exterior renovations by the current owner. Property upgrades include new appliances, flooring, kitchens, bathrooms, doors, double-pane windows, paint, and A/C units, all of which have been completed to code. A new owner will benefit from all units currently achieving market rents in addition to a recent rental increase for two units, allowing for ease of management and future annual rental increases in accordance with the City of Santa Ana rent control guidelines. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. The property exudes pride of ownership and is ideally situated within walking distance of Downtown Santa Ana. The asset also benefits from a large ±6,141 SF lot and is zoned SD-84, which may allow for the addition of more units to the site - buyer to verify with the City of Santa Ana. Additionally, the property is conveniently located near public transportation, including Amtrak and Metrolink stations nearby. Residents are within walking distance to numerous downtown amenities, including 4th Street Market, The Copper Door, The Yost Theater, The Frida Cinema, Santa Ana Zoo, Main Place Mall, Riverview Golf Course, along with a variety of restaurants, entertainment, and nightlife destinations. The property also offers convenient access to the 5, 55, and 22 freeways, providing an easy commute throughout Orange County and surrounding areas. DRIVE BY ONLY. Please do not disturb the tenants. Call Listing Agent.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$747
Listed
41 days ago
Home Details for 626 E 3rd St
|
|---|
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: Ground |
|
|---|
Exterior Home Features No Private Pool |
Parking & Garage No GarageNo Attached GarageParking: Assigned,Driveway |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
|
|---|
Cumulative Days on Market: 20Days on Market: 41 |
|
|---|
Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 39848210 |
|
|---|
Price List Price: $1,300,000Price Per Sqft: $747 |
|
|---|
MLS Status: Active |
|
|---|
Direction & Address City: Santa Ana |
|
|---|
Listing Agent Listing ID: PW26115970 |
|
|---|
Building Area Building Area: 1740 Square Feet |
|
|---|
Community Features: Street LightsNot Senior Community |
|
|---|
Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
|
|---|
Lot Area: 6141 sqft |
|
|---|
Special Conditions: Standard |
|
|---|
Contingencies: Seller intends to perform a 1031 tax-deferred exchange at no cost or liability to Buyer. Buyer agrees to cooperate with Seller’s exchange provided such cooperation does not delay closing or incur additional expense to Buyer.Listing Terms: Cash, Cash to New Loan, 1031 Exchange |
|
|---|
Expense Tenant Pays: Electricity, Gas |
|
|---|
Has Rent Control |
|
|---|
Mls Number: PW26115970Living Area Range Units: Square FeetAttribution Contact: 9493079469Common Interest: NoneUniversal Property Id: US-06059-N-39848210-R-N |
|
|---|
Street LightsSource Internet Entire Listing Display |
Last check for updates: about 5 hours ago
Listing Provided by: Christian Espinoza DRE #02062988, (949) 307-9469
Greysteel California, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW26115970

Also Listed on CRMLS.
Market trends in Santa Ana
Last updated May 2026
Avg. sale price
$804K
$28.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$599
$13MoM
Available listings
304
33MoM
Price History for 626 E 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/28/2026 | $1,300,000 | PriceChange | CRMLS #PW26115970 |
| 04/24/2023 | $875,000 | Pending | CLAW #23-249349 |
| 04/14/2023 | $875,000 | PriceChange | CLAW #23-249349 |
| 03/09/2023 | $950,000 | Listed For Sale | CLAW #23-249349 |
Similar Homes You May Like
New Listings near 626 E 3rd St
Comparable Sales for 626 E 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Multi-Family Home | $1,080,000 | 12/12/25 | 8 | 4 | 3,200 | |
0.30 | Multi-Family Home | $1,370,000 | 02/27/26 | 5 | 9 | 3,554 | |
0.72 | Multi-Family Home | $850,000 | 04/29/26 | 5 | 3 | 1,790 | |
0.54 | Multi-Family Home | $1,260,000 | 04/17/26 | 8 | 5 | 2,964 | |
0.57 | Multi-Family Home | $1,311,250 | 01/09/26 | 8 | 4 | 3,260 | |
0.31 | Multi-Family Home | $1,400,000 | 09/02/25 | 9 | 9 | 4,266 | |
0.52 | Multi-Family Home | $1,350,000 | 10/14/25 | 6 | 6 | 3,800 | |
0.82 | Multi-Family Home | $1,040,000 | 12/10/25 | 6 | 2 | 1,597 | |
0.96 | Multi-Family Home | $630,000 | 01/14/26 | 4 | 2 | 1,470 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 626 E 3rd St.
What Locals Say about Lacy
At least 30 Trulia users voted on each feature.
94 % Say there are sidewalks
87 % Say it's walkable to grocery stores
84 % Say it's dog friendly
73 % Say it's walkable to restaurants
68 % Say kids play outside
59 % Say streets are well-lit
56 % Say yards are well-kept
56 % Say there's holiday spirit
52 % Say car is needed
51 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
45 % Say people would walk alone at night
43 % Say parking is easy
32 % Say it's quiet
21 % Say there's wildlife
16 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christian Espinoza, Greysteel California, Inc.
Agent Phone: (949) 307-9469

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

