315 S Garnsey St Santa Ana, CA 92701
Heninger Park NeighborhoodEstimated payment $12,424/month
Total Views
15,520
5
Beds
5
Baths
3,656
Sq Ft
$520
Price per Sq Ft
Highlights
- Lawn
- Laundry Room
- Bike Trail
- No HOA
- 3 Car Garage
About This Home
Discover the opportunity to step into a fully renovated, turnkey 5-unit apartment building designed for passive income. Each spacious 1-bedroom, 1-bath unit offers 633 sq ft of comfortable living space, outfitted with brand-new ranges, refrigerators, washer/dryers, blinds, and mini-splits for optimal comfort. The property features a modern concrete parking area with three single-car garages and six additional parking spaces. Plus, inquire about assuming the seller’s attractive 5.75% loan. This is a rare chance to acquire a well-maintained, income-generating asset ready for immediate rent collection. Don’t miss out on this prime investment opportunity.
Listing Agent
Christopher Diaz
Redfin Corporation Brokerage Phone: 714-296-6430 License #01247100 Listed on: 04/25/2025
Co-Listing Agent
Gabriel Eric Schmidt
Redfin Brokerage Phone: 714-296-6430 License #01349352
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 6,098 Sq Ft Lot
- 1 Common Wall
- Lawn
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- 6 Open Parking Spaces
- Parking Available
Home Design
- Apartment
Interior Spaces
- 3,656 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 00820217
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Recreation
- Bike Trail
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Insurance Expense $2,500
- Maintenance Expense $3,000
- Other Expense $1,500
- New Taxes Expense $17,000
- Operating Expense $24,000
- Gross Income $144,000
- Net Operating Income $120,000
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $1,900,000 | 0.0% | $520 / Sq Ft |
| 06/10/2025 06/10/25 | Off Market | $1,900,000 | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $1,900,000 | 0.0% | $520 / Sq Ft |
| 05/28/2025 05/28/25 | Off Market | $1,900,000 | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $1,900,000 | 0.0% | $520 / Sq Ft |
| 05/22/2025 05/22/25 | Off Market | $1,900,000 | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $1,900,000 | 0.0% | $520 / Sq Ft |
| 04/25/2025 04/25/25 | Off Market | $1,900,000 | -- | -- |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $1,900,000 | +58.3% | $520 / Sq Ft |
| 01/29/2025 01/29/25 | Sold | $1,200,000 | -7.7% | $395 / Sq Ft |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | For Sale | $1,300,000 | -- | $428 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Santa Ana, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25079019
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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