Santa Ana, CA 92701 315 S Garnsey St
$1,750,000
31 more
Presented By: Chris Diaz with Redfin Corporation; 714-296-6430
Baths • 1
SQFT • 3,656
Garage • 3
Home Details
Discover the opportunity to step into a fully renovated, turnkey 5-unit apartment building designed for passive income. Each spacious 1-bedroom, 1-bath unit offers 633 sq ft of comfortable living space, outfitted with brand-new ranges, refrigerators, washer/dryers, blinds, and mini-splits for optimal comfort. The property features a modern concrete parking area with three single-car garages and six additional parking spaces. Plus, inquire about assuming the seller’s attractive 5.75% loan. This is a rare chance to acquire a well-maintained, income-generating asset ready for immediate rent collection. Don’t miss out on this prime investment opportunity.
Presented By: Chris Diaz with Redfin Corporation; 714-296-6430
Interior Features for 315 S Garnsey St
Other Interior Features
Common Walls1 Common Wall
FlooringLaminate
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 315 S Garnsey St
Additional Parcels Y/NNo
AppliancesRefrigerator, Dryer, Washer
Building Area UnitsSquare Feet
Cap Rate8
CitySanta Ana
Community FeaturesBiking
CountyOrange
DirectionsW 1st St, W Bishop St, S Flower St
Entry Locationfront door
Garage Spaces3
Garage Y/NYes
Gross Income144000
HOANo
HOA Fee$
Insurance Expense2500
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet6098
Lot Size UnitsSquare Feet
MLS Area69 - Santa Ana South of First
MaintenanceExpense3000
Net Operating Income120000
New ConstructionNo
Number Of Units Total5
Open Parking Spaces6
Operating Expense0
Pool FeaturesNone
PostalCitySANTA ANA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameHenniger Park
Tax Lot5
Taxes$17,000
Trash Expense0
Virtual TourClick here
Year Built1964
Year Built SourceAssessor
Exterior for 315 S Garnsey St
Building Area Total3656
Lot Features0-1 Unit/Acre, Front Yard, Lawn
Lot Size Acres0.14
Lot Size Area6098
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
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®