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Listed by: Johnny Chang (626) 539-9134 DRE #01961748 | Johnny Chang Broker (949) 545-1113
$3,000,000
3 Beds
- 3 Baths
--sqft
616 618 S Van Ness Ave, Santa Ana, CA 92701
$3,000,000
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Apartment
Built in 1924
$-- HOA
6,970 sqft lot
--/sqft
Description
$75,000 Price Reduction! 6.01% Current Cap Rate! 616-618 S Van Ness Ave is an 8-unit multifamily property in Santa Ana’s Heninger Park, offering a turnkey investment. It includes four 1-bed/1-bath and four 2-bed/2-bath units. In 2025, the front two buildings with four 1-bed/1-bath units were renovated, and two new 2025 ADU buildings which include a two-story, two-unit ADU and a garage ADU with an upper unit were built. The ADUs are exempt from Santa Ana rent stabilization, allowing flexible pricing.
The property has a new 400-amp panel electrical system, tankless water heaters, paid-off solar panels for the middle building, coin-operated laundry room, and in-unit laun...
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1924
HOA Fees
-
Finished Area
- sqft
Lot Size
6,970 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC25188455
MLS Status
Pending
Days on Market
122
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