616 S Van Ness Avenue, Santa Ana, CA 92701

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
616 S Van Ness Avenue,Santa Ana, CA 92701
$3,000,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:johnny chang
Office:johnny chang broker
MLS#:OC25188455
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,000,000

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 Anas 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

  • Listing ID #:OC25188455
  • Added:47 day(s) ago
  • Updated:October 08, 2025 at 01:58 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3

Finances and disclosures

  • Price:$3,000,000
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