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.
MLS #
CROC24206516
MLS Source
California Regional MLS
Days on Site
83
Garage/Parking
Garage: 3 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
315 S Garnsey St is a Residential Income in Santa Ana, CA 92701. This – square foot property sits on a 6,098 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,300,000 and was built in 1964.
This address can also be written as 315 S Garnsey 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 December 19, 2024. For the most current information, please contact Justin Butler, (949) 942-1305