27
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$3,000,000
Est. payment /mo
4,539 SqFt
Pending
616 S Van Ness Avenue Santa Ana, CA 92701
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,539 sqft
Price per Sqft $660
MLS Listing ID CROC25188455
HOA Y/N No
Year Built 1924
Lot Size 6,970 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
$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.
Location
State CA
County Orange
Interior
Fireplace No
Laundry Common Area, Gas Dryer Hookup, Inside, Other
Building
Lot Description Level
New Construction No
Others
Tax ID 01016311
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Johnny Chang • Johnny Chang Broker
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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