$6,000,000
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520 E Walnut Street, Santa Ana, CA 92701

0 Beds
0 Baths
15,552 Sq Ft

520 East Walnut Street is a 16-unit multifamily investment property located in Santa Ana, CA. Built in 1983, 520 East Walnut Street offers exclusively 2 bed/1.5 bath townhomes with private patios. The property features highly-desirable amenities including in-unit laundry hookups, central A/C and heat, controlled pedestrian access, and a gated subterranean parking garage. Currently, there are 9 renovated units that feature high-quality upgrades including new appliances, shaker-style cabinets, quartz countertops, plumbing fixtures, recessed lighting, and more. These improvements have allowed ownership to charge a significant rental premium over non-renovated units. With an average rent of $2,795 for the renovated units, 520 East Walnut Street represents a unique opportunity to improve cash flow through the continuation of the proven renovation plan. 520 East Walnut Street benefits from its excellent central Santa Ana location just south of Downtown Santa Ana and its bustling 4th Street, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is within walking distance of Downtown Plaza, granting residents easy access to everyday needs. 520 East Walnut Street is located within a 1-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 Anas 2022 Annual Comprehensive Financial Report. Residents enjoy 520 East Walnut Streets close proximity to Interstate 5 and State Route 55 as they connect residents to employment hubs throughout Southern California.

  • MLS# OC23172722
  • Date Listed09/14/2023
  • Bedrooms 0
  • Bathrooms
  • Lot Size 0.48 acres (20,909 sq. ft)
  • Sewer Public Sewer
  • Property Type Apartment
  • County Orange
  • Year Built 1983
  • Water Public
  • Square Feet 15,552 sq. ft
  • Price Per Sq. Ft $385.8

Interior Features

  • Cooling Central Air
  • Heating Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.48
  • Lot Size SQFT 20,908.80
  • Lot Features Street Level

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92701

Source: Walkscore

65/100

Somewhat Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

74/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

8 nearby routes: 8 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 60/100, Transit Score: 40/100, Bike Score: 60/100.

Frequently Asked Questions for 520 E Walnut Street

Source: Realty.com

520 E Walnut Street, Santa Ana, CA 92701 is a Apartment, Residential Income property listed for $6,000,000 The property is 15552 sq. ft with 0 bedrooms and 0 bathrooms

Realty.com has 12 photos of 520 E Walnut Street.

Our records indicate that 520 E Walnut Street was built in 1983.

The full address for this home is 520 E Walnut Street, Santa Ana, CA 92701.

520 E Walnut Street has been listed on Realty.com since Thu September 14, 2023

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 60/100, Transit Score: 40/100, Bike Score: 60/100.

There are 3 schools assigned to this home. Check out the schools near 520 E Walnut Street. Edward B. Cole Academy (Grades: PK - 5), Orange County School Of The Arts (Grades: 7 - 12), Santa Ana Unified Adult Transition (Grades: 9 - 12)

Listing provided courtesy of: Marcus & Millichap Re Invest (tel: 949-419-3200)
Listing agent: Tyler Leeson (tel: 714-713-9086) (#OCLEESTYL)

This content last refreshed on 2025-11-25 20:20:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 520 E Walnut Street, Santa Ana, CA 92701 : MLS# OC23172722