4721 W Oakfield, Santa Ana, CA 92703

Description

Welcome to 4721 W. Oakfield Ave, Santa Ana — a rare opportunity featuring three homes on one lot, perfect for multi-generational living or for an owner-occupant to live in one unit and rent out the other two, all at an excellent value under $700 per SF. The property includes a main home of approximately 1,143 SF with 3 bedrooms, 2 bathrooms, plus an office, an attached newly built 2025 JADU of approximately 500 SF with 1 bedroom and 1 bathroom, and a detached ADU of approximately 800 SF featuring 2 bedrooms and 2 bathrooms with paid-off solar. All three units have their own addresses and are thoughtfully separated by fencing for privacy, with each unit still enjoying its own yard. Utilities include 2 water meters, 2 electrical meters, and 1 gas meter. The units are currently generating strong income with rents of $3,600 (main house) + $2,000 (JADU) + $2,900 (ADU) for a total of $8,500 per month, and tenants pay utilities—an ideal setup, especially with the new 2025 construction that helps reduce maintenance for years to come. Outside, you’ll appreciate lots of parking plus a 2-car garage, offering future upside potential to convert into a possible 4th unit if city guidelines allow. The property is designed for easy ownership with artificial turf in the front and concrete throughout for low-maintenance living. Conveniently located near the Euclid & Hazard cross streets, it’s within walking distance to Song Hy Market and The Boiling Crab, just a short drive to Garden Grove Costco, and offers easy access to the 22 Freeway from Euclid, with the added benefit of being near the highly regarded Garden Grove school district.