$2,200,000

Multi Family In Santa Ana

  • 3 Beds
  • 2 Baths
  • 12,241 Sqft lot
  • Updated: October 14
  • Source:
    San Diego MLS  MLS#PW26222660

About the Property

809 S. Townsend Street is a 10-unit, 1961-vintage multifamily asset in Santa Ana totaling 6,840 SF of net rentable area on a 12,240 SF lot. The property is 100% occupied with a mix of six 1BR/1BA and four 2BR/1BA units, each with a private garage plus on-site laundry and ample street parking. Current ownership has recently completed several capital improvement projects including SB 721 compliance,
809 S. Townsend Street is a 10-unit, 1961-vintage multifamily asset in Santa Ana totaling 6,840 SF of net rentable area on a 12,240 SF lot. The property is 100% occupied with a mix of six 1BR/1BA and four 2BR/1BA units, each with a private garage plus on-site laundry and ample street parking. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs, new railings, new windows, and a new water heater, improving curb appeal and helping to minimize near-term capital expenditures. Current rent levels project to have 57% upside, with an 8.5% pro forma cap rate on market rents. Long-term ownership and a motivated seller create a clear value-add path for investors seeking stable in-place income with substantial rental upside in a high-demand Orange County submarket.
…
  • Property type

    Other

  • Floors

    2

Features

  • Garage
  • Garden
  • Washer Dryer
  • Investment Property
  • Balcony

Explore the Area

809 S Townsend Street, Santa Ana, California, United States View on Google Maps
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Morgan Skenderian - Newport Beach

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Morgan Skenderian - Newport Beach
California, United States
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32
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2025
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Morgan Skenderian - Newport Beach
Newport Beach, California, United States
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Last updated
October 14
First listed
October 14
Listing reference
PW26222660
Listing status
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