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.
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
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
401 Nobel Avenue Market Data
Based on the last 30 days in this zip code
401 Nobel Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: CRMLS | Active |
|
| 6/24/2026Source: CRMLS | June 24, 2026 |
|
| 9/23/2022Source: CRMLS | September 23, 2022 |
Contact Information: 626-285-8899