618 S Van Ness AV Lot 9
Santa Ana, CA, 92701
$3,000,000
Beds
0 Baths
0 SqFt
0.16 Acres
Add
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$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 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.

Property Details

Price:
$3,000,000
MLS #:
OC25188455
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699
Listed Date:
Aug 21, 2025
Total Sq Ft:
4,539
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1924
Newconstruction 699

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Schools

Interior

Laundry Features
CM, GE, IN, WH

Exterior

Community Features
SDW, CRB, CW

Financial

Gross Operating Income
$243,456
Maintenance Fee
$6,000
Net Operating Income
$180,415

Map

Community

Market Summary

Current real estate data for Single Family in Santa Ana as of Oct 31, 2025
185
Single Family Listed
45
Avg DOM
444
Avg $ / SqFt
$910,173
Avg List Price

Property Summary

    618 S Van Ness AV Lot 9 Santa Ana CA is a Single Family for sale in Santa Ana, CA, 92701. It is listed for $3,000,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Santa Ana is $444. The average listing price for Single Family in Santa Ana is $910,173.

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618 S Van Ness AV Lot 9
Santa Ana, CA