849 N Van Ness Avenue, Santa Ana, CA 92701

$2,300,000

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Sold Price
$2,300,000
List Price
$2,325,000
Closing Date
Nov 26, 2025
Status
CLOSED
MLS#
PW25062931
Year Built
1979
Lot Size
8,613
Acres
0.20
Lot Location
6-10 Units/Acre, Sprinklers In Front, Sprinklers Timer, Sprinklers On Side, Walkstreet
Days on Market
199
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels
Neighborhood
111

Property Description

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.

Additional Information

Appliances
Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Tankless Water Heater
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Copper Plumbing
Garage Spaces Total
6
Sewer
Sewer Tap Paid
Water
Public
Interior Features
Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Granite Counters, Bedroom on Main Level
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$173,940
Operating Expense
51040

Listing courtesy of Listing Agent: Ed Diaz (ed@vanguardproperty.com) from Listing Office: Vanguard Property Group.

Listing sold by Denise O'Neil from O'Neil & Associate Realtors

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.