315 S Garnsey ST Active

Santa Ana,CA 92701

$ 1300000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision ,Other

MLS Listing ID OC24206516

HOA Y/N No

Year Built 1964

Lot Size 6,098 Sqft

Property Description

Built in 1964, this property features five one-bedroom apartments, complete
with amenities such as garages and open parking, as well as an on-site
laundry facility. This property presents a value-add opportunity with significant
rental upside, making it an attractive investment for savvy buyers.
Additionally, the property offers the opportunity to convert the garages into
an Additional Dwelling Unit (ADU), further increasing the rental income
potential. The buyer must verify this possibility with the City of Santa Ana
to ensure compliance with local zoning and building regulations.
Its prime location is just 1.10 miles from Downtown Santa Ana and the lively
4th Street Market, providing tenants with easy access to local businesses,
dining, and nightlife. Additionally, the property is within 1.80 miles of
Santa Ana College, appealing to students and faculty. With close proximity
to the 5 Interstate, residents can conveniently connect to major employment
hubs across Orange and Los Angeles Counties.

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs,Gutter(s),Storm Drain(s),Sidewalks

Total Parking Spaces 7

Private Pool No

Building

Lot Description Cul-De-Sac

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 00820217

Energy Description 840.0

Acceptable Financing Cash,Cash to New Loan,1031 Exchange

Listing Terms Cash,Cash to New Loan,1031 Exchange

Special Listing Condition Standard

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