401 Nobel AvenueSanta Ana, CA 92707

Multi-Family · 4,213 Sq. ft. | 0.17 Acres
$1,750,000 Active

401 Nobel Avenue Overview

Time on Site:
6 days
Visits:
0

Turnkey, fully-occupied 4-unit investment in South Coast Metro/Santa Ana. Long-term tenants in place — immediate cash flow, no lease-up risk. Unit mix: one 3BR/2BA + two 2BR/2BA + one 1BR/1BA, each with private garage parking plus ample street parking. Tenants pay electricity & gas; owner pays water & trash only. Roof replaced within the last 5 years. Minutes to the 405 & 55 freeways, less than 1 mile to South Coast Plaza, less than 2 miles to airport. A rare, low-maintenance hold in one of OC's most in-demand infill submarkets. DRIVE BY ONLY. Please DO NOT disturb tenants.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

401 Nobel Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,213
  • Price/Sq.ft. $415
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Electric Expense: 179.0
  • Fuel Expense: 2105.0
  • Gross Income: 98300.0
  • Gross Scheduled Income: 97158.0
  • Insurance Expense: 4066.0
  • Maintenance Expense: 2057.0
  • Net Operating Income: 54931.0
  • Operating Expense: 43369.0
  • Trash Expense: 4821.0
  • Water Sewer Expense: 4936.0

Listing Information

  • Contingency: Buyers must be willing to participate in 1031 Exchange.

Building Information

  • New Construction: No
  • Year Built: 1969

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: 699 - Not Defined
  • Postal City: SANTA ANA

Community/Development

  • Community Features: Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Disclosures: Rent Control
  • Listing Terms: Cash to New Loan,1031 Exchange
  • Parcel Number: 41010241
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Trust

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Building Interior

  • Building Area Total: 4213.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Street
  • Laundry Features: Common Area
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 2.0
  • Parking Features: Garage,On Street,Uncovered
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.1695
  • Lot Size Area: 7385.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7385.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Direction Faces: South
  • Property Attached: No
  • Roof: Shingle

General Information

  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: Alley,City Street
  • Sewer: Public Sewer

401 Nobel Avenue Neighborhood

Community

92707 (Santa Ana) Demographics

32
Median Age
12,514
Population Density (per sq. mile)
22%
College Educated
$86,001
Estimated Median Income
7,498
Estimated Total Home Owners
7,099
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

401 Nobel Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

401 Nobel Avenue Market Data

Based on the last 30 days in this zip code

$799,770
Average List Price
$661
Average Price per Square Foot
17
Properties Sold
74
Average Days on Market
74
Properties for Sale
Calculations provided by Reliance Network

401 Nobel Avenue History

Date Event Value Agent
6/25/2026Source: CRMLS Status Change
Active
6/24/2026Source: CRMLS Added to Database
June 24, 2026
9/23/2022Source: CRMLS Added to Database
September 23, 2022
Listing provided courtesy of Coldwell Banker New CenturyRay Ma- MLS# OC26137149MLS ProviderContact Information: 626-285-8899
Cookie Button: