315 S Garnsey St Santa Ana, CA 92701
Heninger Park Neighborhood
1
Bed
1
Bath
3,036
Sq Ft
6,098
Sq Ft Lot
About This Home
As of January 2025Built 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.
Last Agent to Sell the Property
Kirklen Investment Group Brokerage Phone: 949-202-7255 License #02092220 Listed on: 10/04/2024
Last Buyer's Agent
Kirklen Investment Group Brokerage Phone: 949-202-7255 License #02092220 Listed on: 10/04/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 6,098 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
Parking
- 4 Open Parking Spaces
- 3 Car Garage
Home Design
- Apartment
Interior Spaces
- 3,036 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 5 / C
- Tax Tract Number 101
- Assessor Parcel Number 00820217
- $1,290 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Fuel Expense $840
- Gardener Expense $1,220
- Insurance Expense $4,000
- Maintenance Expense $3,505
- Other Expense $1,250
- Supplies Expense $500
- Water Sewer Expense $3,900
- New Taxes Expense $15,694
- Operating Expense $31,518
- Gross Income $75,060
- Net Operating Income $41,344
Additional Features
- 5 Units
- Laundry Facilities
Similar Home in Santa Ana, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $1,900,000 | 0.0% | $520 / Sq Ft |
| 06/10/2025 06/10/25 | Off Market | $1,900,000 | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $1,900,000 | 0.0% | $520 / Sq Ft |
| 05/28/2025 05/28/25 | Off Market | $1,900,000 | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $1,900,000 | 0.0% | $520 / Sq Ft |
| 05/22/2025 05/22/25 | Off Market | $1,900,000 | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $1,900,000 | 0.0% | $520 / Sq Ft |
| 04/25/2025 04/25/25 | Off Market | $1,900,000 | -- | -- |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $1,900,000 | +58.3% | $520 / Sq Ft |
| 01/29/2025 01/29/25 | Sold | $1,200,000 | -7.7% | $395 / Sq Ft |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | For Sale | $1,300,000 | -- | $428 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
Christopher Diaz
Redfin Corporation
-
Justin Butler
Seller's Agent in 2025
Justin Butler
Kirklen Investment Group
(949) 202-7255
1 in this area
3 Total Sales
-
G
Seller Co-Listing Agent in 2025
Gabriel Eric Schmidt
Redfin
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24206516
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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