$2,200,000
 $11,810 est/mo Sourced by Back At You

809 S Townsend Street,Santa Ana, CA 92704

Santa Ana, CA 92704

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Description

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.

Details

MLS #PW26222660
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1960
Days On Site9
Listing Provided ByMorgan Skenderian | Rick Applebaum

Features

SQ Feet6,840
Garage10
Story(s)2
Units10
Building(s)1
Acreage0.28
Property ViewYes

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
Window FeaturesDouble Pane Windows
AppliancesElectric Range, Gas Range, Water Heater
Fireplace Yes / NoNo

Exterior

RoofAsphalt, Composition
Security FeaturesCarbon Monoxide Detectors, Smoke Detectors
Construction MaterialsDrywall, Frame, Stucco
Foundation DetailsSlab
Lot FeaturesThirty One To Thirty Five Units Acre, Front Yard, Yard
FencingFair Condition, Wrought Iron

Parking

Parking FeaturesConcrete, Garage
Garage Yes / NoYes

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesGutters, Storm Drains, Street Lights, Suburban, Sidewalks

Taxes

Property24629

Area Information

StateCA
CountyOrange
CitySanta Ana
Zip Code92704
Area69 Santa Ana South of First
Community NameOther
Listing VS Median (in Other)
Price:
$2,200,000
low | high
Med:
$799,800
100% of Average
sqft:
6,840
low | high
Med:
1,052
100% of Average
$ / sqft:
$322
low | high
Med:
$760
86.373660559972% of Average
On site:
9
low | high
Med:
78
11.538461538462% of Average
Sourced by Back At You

Market Activity 92704

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Additional Information

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Contact

Learn More About This Property

Jean Iovino

Jean Iovino

Desert Lifestyle Properties

02007087 (630) 333-7878jeansellsdesertlifestyle@gmail.com
StateCA
CountyOrange
CitySanta Ana
Zip Code92704
Area69 Santa Ana South of First
Community NameOther
Listing VS Median (in Other)
Price:
$2,200,000
low | high
Med:
$799,800
100% of Average
sqft:
6,840
low | high
Med:
1,052
100% of Average
$ / sqft:
$322
low | high
Med:
$760
86.373660559972% of Average
On site:
9
low | high
Med:
78
11.538461538462% of Average
Sourced by Back At You
Listing Updated: October 13, 2026 at 4:45:38 PM PDT