616 618 S Van Ness Avenue, Santa Ana, CA 92701

Local realty services provided by:ERA North Orange County Real Estate
616 618 S Van Ness Avenue,Santa Ana, CA 92701
$3,000,000
  • - Beds
  • - Baths
  • 4,539 sq. ft.
  • Multi-family
  • Active
Listed by: johnny chang
Office: johnny chang broker
MLS#:OC25188455
Source:CRMLS

Price summary

  • Price:$3,000,000
  • Price per sq. ft.:$660.94

About this home

$75,000 Price Reduction! 6.01% Current Cap Rate! 616-618 S Van Ness Ave is an 8-unit multifamily property in Santa Ana’s Heninger Park, offering a turnkey investment. It includes four 1-bed/1-bath and four 2-bed/2-bath units. In 2025, the front two buildings with four 1-bed/1-bath units were renovated, and two new 2025 ADU buildings which include a two-story, two-unit ADU and a garage ADU with an upper unit were built. The ADUs are exempt from Santa Ana rent stabilization, allowing flexible pricing. The property has a new 400-amp panel electrical system, tankless water heaters, paid-off solar panels for the middle building, coin-operated laundry room, and in-unit laundry hookups for select units. Located one mile from downtown Santa Ana, it offers access to schools, dining, and retail. Low-maintenance artificial grass and tenant-managed landscaping add appeal.

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Home facts

  • Year built:1924
  • Listing ID #:OC25188455
  • Added:91 day(s) ago
  • Updated:November 21, 2025 at 11:48 AM

Rooms and interior

  • Living area:4,539 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:4,539 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,000,000
  • Price per sq. ft.:$660.94
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