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 two-bedroom townhomes with private patios. The property features highly desirable amenities including in-unit laundry hookups, central A/C and heating, controlled pedestrian access, and a gated subterranean parking garage. Currently, there are 12 renovated or partially renovated units that feature high-quality upgrades including 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. Furthermore, current ownership has identified under-utilized community space that could further increase rental income and diversify the overall unit mix through the conversion of a storage room into an accessory dwelling unit (ADU). 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 2023 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. Given the propertys high-quality unit finishes and close proximity to Santa Anas most popular destinations, 520 East Walnut Street is well suited to provide investors with strong returns over the long-term investment horizon.
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
65/100
Walk Score ®
48/100
Transit Score ®
74/100
Bike Score ®
8 nearby routes: 8 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 60/100, Transit Score: 40/100, Bike Score: 60/100.
0 bds • 0 ba • 15,873 sqft
1003 W Bishop Street, Santa Ana, CA 92703
0 bds • 0 ba • 16,897 sqft
2221 E Lenita Lane, Santa Ana, CA 92705
0 bds • 0 ba • 13,300 sqft
3625 W 11th, Santa Ana, CA 92703
0 bds • 0 ba • 13,700 sqft
2230 S Anne, Santa Ana, CA 92704
0 bds • 0 ba • 14,165 sqft
14291 Commerce Dr, Garden Grove, CA 92843
0 bds • 0 ba • 16,948 sqft
631 S East Street 621, Anaheim, CA 92805
0 bds • 0 ba • 16,948 sqft
631 S East Street 621, Anaheim, CA 92805
0 bds • 0 ba • 14,879 sqft
13392 Magnolia Street, Garden Grove, CA 92844
0 bds • 0 ba • 16,761 sqft
1150 E Orangethorpe Avenue, Placentia, CA 92870
0 bds • 0 ba • 16,761 sqft
1150 E Orangethorpe Avenue, Placentia, CA 92870
0 bds • 0 ba • 14,680 sqft
20601 20603 Seine Avenue, Lakewood, CA 90715
0 bds • 0 ba • 14,376 sqft
518 E 4th Street, Long Beach, CA 90802
0 bds • 0 ba • 17,741 sqft
1518 E Artesia, Long Beach, CA 90805
0 bds • 0 ba • 15,936 sqft
1600 W Mission Boulevard, Pomona, CA 91766
0 bds • 0 ba • 15,936 sqft
1600 W Mission Boulevard, Pomona, CA 91766
0 bds • 0 ba • 15,076 sqft
683 New York, Pomona, CA 91768
0 bds • 3 ba • 15,076 sqft
683 New York Drive, LOS ANGELES, CA 91768
0 bds • 0 ba • 16,549 sqft
3000 S Archibald Avenue, Ontario, CA 91761
40 bds • 40 ba • 16,191 sqft
19531 E Cienega Avenue, Covina, CA 91724
40 bds • 40 ba • 16,191 sqft
19531 E Cienega Avenue, Covina, CA 91724
1 bds • 2 ba • sqft
317 S Flower Street
bds • 0 ba • 10350 sqft
317 S Flower Street
bds • 0 ba • 15873 sqft
1003 W Bishop Street
4 bds • 3 ba • sqft
1003 W Bishop Street
bds • 0 ba • 14268 sqft
1426 Minnie Street
6 bds • 4 ba • sqft
1426 Minnie Street
bds • 0 ba • sqft
1501 Lowell Street N
bds • 0 ba • sqft
1501 Lowell North
bds • 0 ba • 24287 sqft
17332 Irvine Boulevard
bds • 0 ba • 24287 sqft
17332 Irvine Boulevard
bds • 0 ba • 16897 sqft
2221 E Lenita Lane
6 bds • 5 ba • sqft
2221 E Lenita Lane
7 bds • 7 ba • sqft
1370 San Juan Street
bds • 0 ba • 11968 sqft
1370 San Juan Street
bds • 0 ba • 11000 sqft
123 13666 Harbor Blvd
bds • 0 ba • 13300 sqft
3625 W 11th
20 bds • 12 ba • sqft
3625 W 11th
bds • 0 ba • 13700 sqft
2230 S Anne
bds • 0 ba • 14165 sqft
14291 Commerce Dr
4 bds • 5 ba • 7622 sqft
10841 Hideaway Drive
Source: Realty.com
520 E Walnut Street, Santa Ana, CA 92701 is a Apartment, Residential Income property listed for $5,875,000 The property is 15552 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 21 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 Mon October 14, 2024
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 2025-11-27 02:38:16. 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# OC24212983
