Introducing a prime 6 unit investment opportunity in Central Orange County – a turnkey modern architecture apartment complex, located in an opportunity zone and near the Civic Center, Courts and revitalized downtown retail/restaurant district in Santa Ana. Each unit is complete with central AC/heating, single car garage plus additional onsite parking, washer &' dryer (combo unit), tankless water heater, individually metered for electric and gas, ensuring ease of management and cost efficiency. The units feature numerous interior renovations including: new countertops, cabinetry, stainless steel appliances, planking, paint and much more. With an excellent unit mix of 4 (2+1) and 2 (1+1 ) and a sought-after location, this opportunity is ideal for the savvy multifamily/investor looking for a turn key investment with near market rental rates and cap rates already in place.
Property Details
Price:
$2,500,000
MLS #:
PW25062931
Status:
Active
Baths:
0
Address:
849 N Van Ness Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
70santaananorthoffirst
City:
Santa Ana
Listed Date:
Mar 21, 2025
State:
CA
ZIP:
92701
Lot Size:
8,613 sqft / 0.20 acres (approx)
Year Built:
1979
See this Listing
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Schools
Interior
Appliances
Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Tankless Water Heater
Cooling
Central Air
Flooring
Laminate, Vinyl
Heating
Central
Interior Features
Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Granite Counters
Exterior
Community Features
Curbs, Sidewalks, Suburban
Foundation Details
Slab
Garage Spaces
6.00
Lot Features
6-10 Units/ Acre, Lot 6500-9999, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Walkstreet
Parking Features
Assigned, Concrete, Paved, Garage Faces Side, Garage – Single Door, Garage Door Opener
Parking Spots
8.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Sewer Paid
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address849 N Van Ness Avenue Santa Ana CA
- Area70 – Santa Ana North of First
- CitySanta Ana
- CountyOrange
- Zip Code92701
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849 N Van Ness Avenue
Santa Ana, CA
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