616 S Van Ness Avenue, Santa Ana, CA 92701

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Glen Henderson

[email protected] +1(619) 889-7646

$3,000,000

Est. payment - /mo

3 Beds

6,970 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC25188455

Bedrooms 3

Lot Size 6,970 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Exchange

Property Type Res Income 2-4 Units

Property Description

$75,000 Price Reduction! 6.01% Current Cap Rate! 616-618 S Van Ness Ave is an 8-unit multifamily property in Santa Anas 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 laundry hookups for select units. Located one mile from downtown Santa Ana, it offers access to schools, dining, and retail. Low-maintenance artificial grass and tenant-managed landscaping add appeal.

Location

State CA

County Orange

Zoning Public Rec

Direction The main cross street s are W 17th St, and W 5th St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 01016311

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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Listed by Johnny Chang Johnny Chang Broker

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

616 S Van Ness Avenue Santa Ana, CA 92701

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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