2301 S. Center Street, Santa Ana, CA 92704

Property Description

Pleased to present 2301 S. Center Street, a well-located 3-unit multifamily opportunity in a desirable residential pocket of South Santa Ana. This triplex features an ideal unit mix of (2) two-bedroom, one-bathroom units (Units A & B) and (1) one-bedroom, one-bathroom unit (Unit C), offering strong rental appeal and flexibility for both investors and owner-occupants. Each unit benefits from its own dedicated laundry area, a highly desirable amenity for tenants. Units A and B feature private laundry rooms conveniently attached to the kitchen, while Unit C offers its own enclosed laundry space, providing added privacy and functionality. The property boasts exceptional parking accommodations, including a large driveway leading to detached garages, along with substantial additional parking in the rear—an uncommon and highly desirable feature for tenants and owners alike. This setup not only enhances day-to-day convenience but also presents potential opportunities for future value-add improvements, including possible garage-to-ADU conversion (buyer to verify), further increasing income potential. Additional exterior improvements include poured concrete along the side of the building with proper drainage and a private cinder block wall, contributing to low-maintenance upkeep and enhanced utility of the space. A majority of the windows have been upgraded to dual-pane, improving energy efficiency and overall comfort. The property provides a solid foundation with additional upside potential through interior renovations and the ability to increase rents to market levels. Situated near Adams Park and Adams Elementary School, the property offers a neighborhood setting while remaining just minutes from South Coast Plaza, Segerstrom Center for the Arts, and SOCO & The OC Mix. Convenient access to the 405, 55, and 73 freeways enhances connectivity throughout Orange County. In addition to its investment potential, the property presents an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the others—helping offset monthly mortgage costs while building long-term equity. With strong rental demand and a central Orange County location, 2301 S. Center Street is well-suited for both investors and owner-users seeking income, flexibility, and future growth.