Santa Ana, CA 92701 315 S Garnsey St
$1,900,000
37 more
Presented By: Chris Diaz with Redfin Corporation; 714-296-6430
- MLS# PW25079019
- 04/25/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 1
Baths • 1
SQFT • 3,656
Garage • 3
Home Details
Discover the opportunity to step into a fully renovated, turnkey 5-unit apartment building designed for passive income. Each spacious 1-bedroom, 1-bath unit offers 633 sq ft of comfortable living space, outfitted with brand-new ranges, refrigerators, washer/dryers, blinds, and mini-splits for optimal comfort. The property features a modern concrete parking area with three single-car garages and six additional parking spaces. Plus, inquire about assuming the seller’s attractive 5.75% loan. This is a rare chance to acquire a well-maintained, income-generating asset ready for immediate rent collection. Don’t miss out on this prime investment opportunity.
Presented By: Chris Diaz with Redfin Corporation; 714-296-6430
Interior Features for 315 S Garnsey St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
FlooringLaminate
Heating Y/NNo
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 315 S Garnsey St
Additional Parcels Y/NNo
AppliancesRefrigerator, Dryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate8.0
Carport Y/NNo
CitySanta Ana
Community FeaturesBiking
CountyOrange
DirectionsW 1st St, W Bishop St, S Flower St
Entry Locationfront door
Garage Spaces3.0
Garage Y/NYes
Gross Income144000.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet6098.0
Lot Size UnitsSquareFeet
MLS Area69 - Santa Ana South of First
Maintenance Expense3000.0
MobileHomeRemainsYNNo
Net Operating Income120000.0
New ConstructionNo
Number Of Units Total5
Open Parking Spaces6.0
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameHenniger Park
Tax Lot5
Taxes$17,000
Trash Expense0.0
Virtual TourClick here
Year Built1964
Year Built SourceAssessor
Exterior for 315 S Garnsey St
Building Area Total3656.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, FrontYard, Lawn
Lot Size Acres0.14
Lot Size Area6098.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters5
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate