626 E  3rd St, Santa Ana, CA 92701
Property image
Property image
FOR SALE
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

$1,300,000

Original price: $875,000
Est. Mortgage $7,660/mo*

$1,300,000

Original price: $875,000
Est. Mortgage $7,660/mo*
4 Beds
4 Baths
1,740 sqft

Local Information

  • Map ViewExplore the area around 626 E 3rd St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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 Features

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

Days on Market

Cumulative Days on Market: 20Days on Market: 41

Property Information

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 & Status

Price
List Price: $1,300,000Price Per Sqft: $747

Active Status

MLS Status: Active

Location

Direction & Address
City: Santa Ana

Agent Information

Listing Agent
Listing ID: PW26115970

Building

Building Area
Building Area: 1740 Square Feet

Community

Community Features: Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 6141 sqft

Listing Info

Special Conditions: Standard

Offer

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

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW26115970Living Area Range Units: Square FeetAttribution Contact: 9493079469Common Interest: NoneUniversal Property Id: US-06059-N-39848210-R-N

Additional Information

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
Buyer'sMarketSeller'sMarket
Avg. sale price
$804K
$28.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$599
$13
MoM
Available listings
304
33
MoM

Price History for 626 E 3rd St

DatePriceEventSource
05/28/2026$1,300,000PriceChange
CRMLS #PW26115970
04/24/2023$875,000PendingCLAW #23-249349
04/14/2023$875,000PriceChange
CLAW #23-249349
03/09/2023$950,000Listed For SaleCLAW #23-249349

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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

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Assigned Schools

These are the assigned schools for 626 E 3rd St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Rogelio R.
    "Neighborhood is getting better. I see a lot of changes and it’s actually exiting!! I just hope to Stick around long enough."
  • Robyn F.
    "to busy of streets city life to many businesses around a lot of one way roads made to be confusing to anyone new "
  • Tabithahunter
    "Diversity. On the National Historic Register. Gorgeous houses, amazing restaurants, super walkable and great people "
  • Ashleysandoval705
    "I’ve live in this neighborhood for years and I love it. There’s shopping centers nearby, freeways, downtown Santa Ana, etc. "
  • Vanessa
    "I like the convenience of everything and close to my work. We are just outside of downtown Santa Ana which is nice "

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
626 E 3rd St, Santa Ana, CA 92701 is a 4 bedroom, 4 bathroom, 1,740 sqft multi-family built in 1920. 626 E 3rd St is located in Lacy, Santa Ana. This property is currently available for sale and was listed by CRMLS on May 28, 2026. The MLS # for this home is MLS# PW26115970.