315 S Garnsey Street, Santa Ana, California 92701
  • $1,300,000

Overview

Property ID: OC24206516
  • Apartment, Residential Income
  • Property Type
  • 3.0
  • Garages
  • 3036 Sqft
  • Area Size
  • 1964
  • Year Built

Description

Built in 1964, this property features five one-bedroom apartments, complete with amenities such as garages and open parking, as well as an on-site laundry facility. This property presents a value-add opportunity with significant rental upside, making it an attractive investment for savvy buyers. Additionally, the property offers the opportunity to convert the garages into an Additional Dwelling Unit (ADU), further increasing the rental income potential. The buyer must verify this possibility with the City of Santa Ana to ensure compliance with local zoning and building regulations. Its prime location is just 1.10 miles from Downtown Santa Ana and the lively 4th Street Market, providing tenants with easy access to local businesses, dining, and nightlife. Additionally, the property is within 1.80 miles of Santa Ana College, appealing to students and faculty. With close proximity to the 5 Interstate, residents can conveniently connect to major employment hubs across Orange and Los Angeles Counties.

  • Address: 315 S Garnsey Street
  • City: Santa Ana
  • State/county: CA
  • Zip/Postal Code: 92701
  • Area: Other
  • Country: US

Details

Updated on January 30, 2025 at 2:00 am
  • Property ID OC24206516
  • Price $1,300,000
  • Property Size 3036 Sqft
  • Land Area 0.14 Acres
  • Garages 3.0
  • Year Built 1964
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, 1031 Exchange
  • Sewer Public Sewer
  • County Orange
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks

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