2731 W Orion Avenue
Santa Ana, CA 92704
Listing broker / agent: Arbor Real Estate · Matt Perry · 949-233-8161 · CRMLS
MLS # LG26219043 · Last checked Oct 22, 2026 02:17 UTC
About this property
Ideally situated in the highly desirable South Coast Metro area, along the border of Santa Ana and Costa Mesa, this upgraded fourplex presents an exceptional investment opportunity with strong income potential and room for future rent growth. The property features an attractive unit mix consisting of one 3-bedroom, 2-bathroom unit and three 2-bedroom units, including two 2-bathroom units and one 1-bathroom unit. The property offers an ideal opportunity for both investors and owner-occupants. Live in the front unit while generating rental income from the remaining three units, or maximize the property's income potential by leasing all four units. Additional features include four private garages—one two-car garage and three one-car garages—as well as separate gas and electric meters for each unit. Each unit also has laundry hookups in its respective garage. A separate common laundry room, currently utilized for maintenance storage, offers the potential to create an additional income stream. Enjoy a convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 Freeway, and excellent local schools. With its desirable Covington-style architecture, extensive upgrades, practical amenities, and attractive location, this fourplex offers a compelling combination of rental income, long-term appreciation potential, and future upside through rental growth.
Property details
- MLS number
- LG26219043
- Status
- Active
- Type
- Residential Income
- Subtype
- Quadruplex
- Lot size
- 0.16 acres
- County
- Orange
- Year built
- 1970
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 1970
- Year built source
- Assessor
- Architectural style
- Traditional
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Construction
- Frame, Stucco
- Roof
- Composition
- Foundation
- Slab
Rooms & interior
- Rooms
- Bedroom, Family Room, Great Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
- Appliances
- Dishwasher, Gas Cooktop, Disposal, Gas Range, Water Heater
- Interior features
- Open Floorplan, Bedroom On Main Level, Main Level Primary, Primary Suite
- Flooring
- Carpet, Laminate, Tile
- Heating
- Forced Air
- Cooling
- None
- Fireplace
- Living Room
- Laundry
- Washer Hookup, In Garage, Laundry Room
Exterior & parking
- Total parking spaces
- 4
- Garage spaces
- 4
- Parking
- Garage
- Pool
- None
- Spa
- None
- Lot features
- Zero To One Unit Acre, Corner Lot, Front Yard, Garden, Lawn, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Yard
- Lot size source
- Assessor
- Fencing
- Vinyl
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Community features
- Gutters, Storm Drains, Street Lights, Park
Fees & lease terms
- Association
- No
- Association fee
- $0.00
- Lease term
- Month To Month
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Jim Thorpe Fundamental Santa Ana Unified · Santa Ana | K–5 | 0.4 mi |
| Greenville Fundamental Elementary Santa Ana Unified · Santa Ana | K–5 | 0.4 mi |
| Segerstrom High Santa Ana Unified · Santa Ana | 9–12 | 0.5 mi |
| Killybrooke Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 1.0 mi |
| McFadden Institute of Technology Santa Ana Unified · Santa Ana | K–8 | 1.0 mi |
| Paularino Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 1.1 mi |
| Charles W. Tewinkle Middle (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | 7–8 | 1.3 mi |
| California Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | K–6 | 1.3 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,649,000
- MLS-reported original asking price
- $1,649,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 22, 2026 00:03 | $1,649,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Santa Ana
Active residential homes for sale in Santa Ana, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
38 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 03:48 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗