421 E Walnut Santa Ana, CA $ 885,000
421 E Walnut
$ 885,000
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421 E Walnut

Santa Ana, CA, 92701
$ 885,000
Bedrooms-- Baths2.0 Sq 2,425

Monthly Estimate*

$ 5,588

Listed by Chris Skawinski, First Team Real Estate, chris@theskiteam.com
421 E Walnut, Santa Ana, CA 92701 - Image 1
421 E Walnut, Santa Ana, CA 92701 - Image 2
421 E Walnut, Santa Ana, CA 92701 - Image 3
421 E Walnut, Santa Ana, CA 92701 - Image 4
421 E Walnut, Santa Ana, CA 92701 - Image 5
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421 E Walnut, Santa Ana, CA 92701 - Image 8
421 E Walnut, Santa Ana, CA 92701 - Image 9
421 E Walnut, Santa Ana, CA 92701 - Image 10
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421 E Walnut, Santa Ana, CA 92701 - Image 13
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421 E Walnut, Santa Ana, CA 92701 - Image 16

Multi-Family Home for sale in Santa Ana, CA

for $885,000 with 2 full baths. This 2,425 square foot home was built in 1905 on a lot size of 0.1607.

A rare find in the heart of Santa Ana: a legal triplex on an exceptional corner lot, just blocks from Downtown, offering strong income, this property consists of a charming early-1900s front house and a separate rear building, giving residents the privacy and feel of detached living rather than a shared-wall apartment layout. Originally a 2 bed 1 bath house SFR up front, over the years the property has been adapted from its original configuration to suit the way it's lived in today; a second bathroom was added to the front house. And the rear building, originally two 1 bed 1 bath units, now being rented as a single 2 bed 2 bath residence with one kitchen. These modifications were made without permits; buyer to verify all square footage, unit count, permit status, and zoning with the Orange County assessors office & City of Santa Ana. The new home owner can leave as is or possibly restore these two residences to their orinal configuration. The large lot leaves room for future possibilities, and the central location puts tenants minutes from Downtown Santa Ana's dining and arts district, transit, schools, and major freeways. This is a fantastic opportunity for any investor.

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Multi-Family Active

Price

$ 885,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1607

Year Built

1905

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

NP26210663

Days on Market

4

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1905
Property Subtype Triplex
Gross Income 64445
Community Features Curbs Sidewalks
County Orange
Net Operating Income 37264
Operating Expense 27280
Insurance Expense 3420
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1148
Subdivision Name Other
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions 1st & Oak
City Santa Ana
Entry Location Front Door
Senior Community Y/N false
Number Of Units Total 3
MLS Area 69 - Santa Ana South of First
Lot Size Units Square Feet
Lot Size Square Feet 7000
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 1585
Water Sewer Expense 2081
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 12
Property Sub Type Additional Triplex
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Interior
Total Stories 1
Common Walls 1 Common Wall
Laundry Features See Remarks
Entry Level 1
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Exterior
Lot Features Corner Lot Front Yard
Water Source Public
Total Parking 0
Lot Size Area 7000
Number of Buildings 2
Building Area Total 2425
Lot Size Acres 0.1607
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Chris Skawinski

Listing Agent

First Team Real Estate

Broker

chris@theskiteam.com

Email

Affordability Calculator

$5,588
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$885,000 1.14% Price Up
9/28/2026$875,000 Listed Price

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421 E Walnut, Santa Ana, CA, 92701 is a Multi-Family Home for sale at $885,000 with 2,425 sqft and a lot size of 0.1607. 421 E Walnut has 2.0 baths and was built in 1905. The property's zip code is 92701 which is in Santa Ana, CA