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520 E Walnut Street
USD 6,000,000
Property ID: OC23172722
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520 E Walnut Street ,92701
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icon 20909 SqFt
icon Built in 1983
icon USD 287/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
15552
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1983
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Detailed Introduction Of This Home
520 East Walnut Street is a 16-unit multifamily investment property located in Santa Ana, CA. Built in 1983, 520 East Walnut Street offers exclusively 2 bed/1.5 bath townhomes with private patios. The property features highly-desirable amenities including in-unit laundry hookups, central A/C and heat, controlled pedestrian access, and a gated subterranean parking garage. Currently, there are 9 renovated units that feature high-quality upgrades including new appliances, shaker-style cabinets, quartz countertops, plumbing fixtures, recessed lighting, and more. These improvements have allowed ownership to charge a significant rental premium over non-renovated units. With an average rent of $2,795 for the renovated units, 520 East Walnut Street represents a unique opportunity to improve cash flow through the continuation of the proven renovation plan. 520 East Walnut Street benefits from its excellent central Santa Ana location just south of Downtown Santa Ana and its bustling 4th Street, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is within walking distance of Downtown Plaza, granting residents easy access to everyday needs. 520 East Walnut Street is located within a 1-mile radius of all three levels of schooling, including Lowell Elementary School, Lathrop Intermediate School, and Santa Ana High School. Furthermore, the property is just over 1.50 miles from Santa Ana College, the 3rd top employer within the city per Santa Ana’s 2022 Annual Comprehensive Financial Report. Residents enjoy 520 East Walnut Street’s close proximity to Interstate 5 and State Route 55 as they connect residents to employment hubs throughout Southern California.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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520 E Walnut Street
USD 6,000,000 0 Beds
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