Introducing a prime 6 unit investment opportunity in Central Orange County – a turnkey modern architecture apartment complex, located in an opportunity zone and near the Civic Center, Courts and revitalized downtown retail/restaurant district in Santa Ana. Each unit is complete with central AC/heating, single car garage plus additional onsite parking, washer & dryer (combo unit), tankless water heater, individually metered for electric and gas, ensuring ease of management and cost efficiency. The units feature numerous interior renovations including: new countertops, cabinetry, stainless steel appliances, planking, paint and much more. With an excellent unit mix of 4 (2+1) and 2 (1+1 ) and a sought-after location, this opportunity is ideal for the savvy multifamily/investor looking for a turn key investment with near market rental rates and cap rates already in place.
For sale
Listing Provided by:
Ed Diaz DRE #01022469 714-401-2855,
Vanguard Property Group,
Brad New DRE #01347742,
Vanguard Property Group
Price cut: $75K (8/3)
$2,425,000
849 N Van Ness Ave, Santa Ana, CA 92701
10beds
6baths
4,498sqft
Est.:
Mixed Use
Built in 1979
-- sqft lot
$-- Zestimate®
$539/sqft
$-- HOA
What's special
- 139 days
- on Zillow |
- 250 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 05:21am
Listing Provided by:
Ed Diaz DRE #01022469 714-401-2855,
Vanguard Property Group,
Brad New DRE #01347742,
Vanguard Property Group
Source: CRMLS,MLS#: PW25062931
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Rooms
- Room types: Bedroom, Primary Bathroom, Primary Bedroom
Bedroom
- Features: Bedroom on Main Level
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Tankless Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Closet
Features
- Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Granite Counters, Bedroom on Main Level
- Flooring: Laminate, Vinyl
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,498
- Total interior livable area: 4,498 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Concrete, Door-Single, Garage, Garage Door Opener, Paved, Garage Faces Side
- Garage spaces: 6
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: bottom level
- Pool features: None
- Spa features: None
Lot
- Size: 8,613 Square Feet
- Features: 6-10 Units/Acre, Sprinklers In Front, Sprinklers Timer, Sprinklers On Side, Walkstreet
Details
- Parcel number: 00514401
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Copper Plumbing
- Foundation: Slab
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Sewer Tap Paid
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: 111
Location
- Region: Santa Ana
Financial & listing details
- Price per square foot: $539/sqft
- Date on market: 3/21/2025
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Total actual rent: 14375
- Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water
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