422 E Walnut Street, Santa Ana, CA 92701
- $860,000
- Sold Price
- $860,000
- List Price
- $1,000,000
- Closing Date
- Jan 05, 2024
- Status
- CLOSED
- MLS#
- OC23170789
- Year Built
- 1924
- Lot Size
- 6,534
- Acres
- 0.15
- Lot Location
- Street Level
- Days on Market
- 77
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
422 East Walnut Street is a 4+1 unit multifamily investment property located in Santa Ana, CA. Built in 1924 and 1963, 422 East Walnut Street consists of 4, one-bedroom units and 1, non-conforming studio. The property offers amenities including private patios and yards, security doors, and ample surface parking. In addition, select units feature highly-desirable single-story construction. 422 East Walnut Street benefits from its excellent central Santa Ana location just south of Downtown Santa Ana, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is within walking distance of Downtown Plaza, connecting residents to their everyday needs. 422 East Walnut Street is located within a 0.85-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 422 East Walnut Street’s close proximity to Interstate 5 and State Route 55, connecting residents to employment hubs throughout Southern California.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $60,209
- Operating Expense
- 26414
Listing courtesy of Listing Agent: Tyler Leeson (tleeson@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.
Listing sold by Matthew Pivetti from Real Broker
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.