202 E. Walnut Street is a 10-unit apartment investment opportunity in the city of Santa Ana. This well-maintained asset boasts a sizeable corner lot, on a quiet, tree-lined street. Residents enjoy restaurants, retail, and public transportation all within a short walk. The property has a very stable occupancy history, with many long-term tenants. Unit interiors are larger than the average 1-bedrooms in Santa Ana, and the price per square foot of $320 is well below that of most recent sales comparables. With 30+% upside in rents, the property also offers tremendous upside. The unique layout with a maturely landscaped courtyard and units set back from the street make this the kind of property that would be a great addition to any investor’s portfolio.
MLS #
CRPW21240949
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00
Laundry
None
Garage/Parking
Garage, Garage: 5 Car(s)
202 E Walnut St is a Residential Income in Santa Ana, CA 92701. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1937.
This address can also be written as 202 E Walnut St, Santa Ana, CA 92701.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 11, 2022. For the most current information, please contact Damien Breaux