Seller's Agent in 2024
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
5 in this area
167 Total Sales
422 E Walnut St Santa Ana, CA 92701
Pacific Park Neighborhood
1
Bed
2
Baths
2,956
Sq Ft
6,534
Sq Ft Lot
About This Home
As of January 2024422 East Walnut Street is a 4+1 unit multifamily investment property located in Santa Ana, CA. Built in 1924 and 1963, 422 East Walnut Street consists of 4, one-bedroom units and 1, non-conforming studio. The property offers amenities including private patios and yards, security doors, and ample surface parking. In addition, select units feature highly-desirable single-story construction. 422 East Walnut Street benefits from its excellent central Santa Ana location just south of Downtown Santa Ana, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is within walking distance of Downtown Plaza, connecting residents to their everyday needs. 422 East Walnut Street is located within a 0.85-mile radius of all three levels of schooling, including Lowell Elementary School, Lathrop Intermediate School, and Santa Ana High School. Furthermore, the property is just over 1.50 miles from Santa Ana College, the 3rd top employer within the city per Santa Ana’s 2022 Annual Comprehensive Financial Report. Residents enjoy 422 East Walnut Street’s close proximity to Interstate 5 and State Route 55, connecting residents to employment hubs throughout Southern California.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 09/12/2023
Property Details
Home Type
- Apartment
Year Built
- Built in 1924
Lot Details
- 6,534 Sq Ft Lot
- No Common Walls
- Level Lot
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,956 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Listing and Financial Details
- Legal Lot and Block 1 / E
- Tax Tract Number 568
- Assessor Parcel Number 40408601
- $1,003 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Electric Expense $1,087
- Fuel Expense $1,087
- Insurance Expense $3,000
- Maintenance Expense $3,000
- Other Expense $4,863
- Trash Expense $1,087
- Water Sewer Expense $1,088
- New Taxes Expense $11,202
- Operating Expense $26,414
- Gross Income $63,764
- Net Operating Income $35,544
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2026
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$983,500
Interest Rate
0.0638%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 12, 2023
Closed on
Dec 14, 2023
Sold by
Bought by
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Matthew Pivetti
Real Broker
List Price
$1,000,000
Sold Price
$860,000
Premium/Discount to List
-$140,000
-14%
Views
67
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Corinthian Title | ||
| -- | Corinthian Title | ||
| $860,000 | Chicago Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $983,500 | ||
| Previous Owner | $350,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2024 01/05/24 | Sold | $860,000 | -14.0% | $291 / Sq Ft |
| 11/29/2023 11/29/23 | Pending | -- | -- | -- |
| 09/12/2023 09/12/23 | For Sale | $1,000,000 | -- | $338 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,929 | $877,200 | $764,940 | $112,260 |
| 2024 | $3,010 | $174,144 | $87,928 | $86,216 |
| 2023 | $2,926 | $170,730 | $86,204 | $84,526 |
| 2022 | $2,878 | $167,383 | $84,514 | $82,869 |
| 2021 | $2,821 | $164,101 | $82,856 | $81,245 |
| 2020 | $2,815 | $162,419 | $82,007 | $80,412 |
| 2019 | $2,776 | $159,235 | $80,399 | $78,836 |
| 2018 | $2,692 | $156,113 | $78,822 | $77,291 |
| 2017 | $2,666 | $153,052 | $77,276 | $75,776 |
| 2016 | $2,620 | $150,051 | $75,760 | $74,291 |
| 2015 | $2,584 | $147,798 | $74,622 | $73,176 |
| 2014 | $2,537 | $144,903 | $73,160 | $71,743 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
-
Matthew Pivetti
Buyer's Agent in 2024
Matthew Pivetti
Real Broker
(619) 818-2610
1 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23170789
APN: 404-086-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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