#PW25015602, Michael Arp, Listing office: Morgan Skenderian

1039 W Central Ave Santa Ana, CA 92707
Property details
About 1039 W Central Ave
Great value-Great price income property is up to grab for a saavy investor. Rare to find 4plex that comes with 5 garage and is located in a highly desirable area near South Coast plaza. Owner has spent over $60K to upgrade the property where there is brand new roof, new paint, recent interior renovation and best of yet - tenants have been living there for years on a month to month lease. There is at a minimum 10% upside on the rent. Definitely gives positive cash flow for return on investment. All units' balcony has been redone and One of the units (3beds.2baths) just got a brand new kitchen. New owner can add laundry for additional income. Parking will never be an issue here since there are additional parking spaces in the common area as well as street parking. There is HOA fee roughly about $380/month that covers trash, landscape, and outside maintenance. This definitely gives a great return on investment and is a rare find!
Highlights
Summary
- Garage Space: 5 spaces
- Private Pool: No
- List Price: $1,395,000
- Annual Tax Amount: $7,168
- Tax Year: 2024
- Lot: Greenbelt
- Directions: Major crossed streets are Bristol & Warner
- Year Built: 1977
- Stories: 2
- Lot Size: 0.15 Acres
- MLS Number: PW25122086
- MLS Name: CRMLS
- Office Name: 999 Investments, Inc
- Office Phone: (714) 487-9176
- Listing Agent: Lily Le
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,395,000
1039 W Central Ave
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 01, 1996 | Home Sold | $218,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $547,894 | $7,168 |
2023 | $537,151 | $6,986 |
2022 | $526,619 | $6,902 |
2021 | $516,294 | $6,747 |
2020 | $511,001 | $6,753 |
2019 | $500,982 | $6,392 |
2018 | $491,159 | $6,392 |
2017 | $481,529 | $6,337 |
History based on county public records data.
Nearby schools
5
Jefferson Elementary School
Public District KG-6
0.3 mi
•1522 W Adams St
5
Washington Elementary School
Public District KG-5
0.5 mi
•910 W Anahurst Pl
5
Adams Elementary School
Public District KG-5
0.8 mi
•2130 S Raitt St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,417. Residents of Santa Ana, CA typically earn between $35k-100k each year. The majority of families are married, with kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1039 W Central Ave
The listing price of 1039 W Central Ave property is $1,395,000.
The property 1039 W Central Ave is a multi located in Santa Ana, California, 92707.
Active Listing: 1039 W Central Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1039 W Central Ave are: Jefferson Elementary School (GreatSchools Rating 5/10), Washington Elementary School (GreatSchools Rating 5/10), Adams Elementary School (GreatSchools Rating 5/10), Douglas Macarthur Fundamental Intermediate School (GreatSchools Rating 7/10), McFadden Intermediate School (GreatSchools Rating 3/10), Manuel Esqueda K - 8 School (GreatSchools Rating 4/10), Saddleback High School (GreatSchools Rating 4/10), Cesar E. Chavez High School (GreatSchools Rating 1/10), Segerstrom High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $7,168 (source: MLS/based on county public records data).
The last sale was on November 1, 1996 for $218,000 (source: MLS/tax record).
The year of construction for 1039 W Central Ave is 1977.
This home is located at 1039 W Central Ave in Santa Ana, CA and zip code 92707 in the Sunwood Central neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $1,395,000.
In May 2025, from all listings sold in Santa Ana, CA there were more than 35 sold above asking price, over 36 sold below and more than 14 were sold right at the asked price. In May 2025 in Santa Ana, CA there were 5.5% more homes for sale than in April. The median list price of listings available in May 2025 was $897,054, while the average time on the real estate market was 29 days.