809 S Townsend Street, Santa Ana, CA 92704
Local realty services provided by:CENTURY 21 Masters
809 S Townsend Street,Santa Ana, CA 92704
$2,200,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: rick applebaum, garrett blair
Office: morgan skenderian
MLS#:PW26222660
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,200,000
About this home
809 S. Townsend Street is a 10-unit, 1961-vintage multifamily asset in Santa Ana totaling 6,840 SF of net rentable area on a 12,240 SF lot. The property is 100% occupied with a mix of six 1BR/1BA and four 2BR/1BA units, each with a private garage plus on-site laundry and ample street parking. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs, new railings, new windows, and a new water heater, improving curb appeal and helping to minimize near-term capital expenditures. Current rent levels project to have 57% upside, with an 8.5% pro forma cap rate on market rents. Long-term ownership and a motivated seller create a clear value-add path for investors seeking stable in-place income with substantial rental upside in a high-demand Orange County submarket.
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Home facts
- Listing ID #:PW26222660
- Added:11 day(s) ago
- Updated:October 25, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Roof:Composition
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$2,200,000
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