616 618 S Van Ness Avenue Santa Ana, CA ^$ 3,000,000

616 618 S Van Ness Avenue

^$ 3,000,000

Back to search

New Construction

616 618 S Van Ness Avenue

Santa Ana, CA, 92701

^$ 3,000,000

Studio Baths1.0 Sq 4,539

Monthly Estimate*

^$ 18,716

Listed by Johnny Chang Broker

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 1

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 2

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 3

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 4

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 5

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 6

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 7

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 8

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 9

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 10

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 11

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 12

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 13

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 14

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 15

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 16

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 17

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 18

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 19

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 20

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 21

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 22

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 23

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 24

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 25

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 26

616 618 S Van Ness Avenue, Santa Ana, CA 92701 - Image 27

View a Virtual Tour

Studio

Multi-Family Home for sale in Santa Ana, CA

for $3,000,000 with 1 full bath. This 4,539 square foot home was built in 1924 on a lot size of 0.16.

$75,000 Price Reduction! 6.01% Current Cap Rate! 616-618 S Van Ness Ave is an 8-unit multifamily property in Santa Ana’s Heninger Park, offering a turnkey investment. It includes four 1-bed/1-bath and four 2-bed/2-bath units. In 2025, the front two buildings with four 1-bed/1-bath units were renovated, and two new 2025 ADU buildings which include a two-story, two-unit ADU and a garage ADU with an upper unit were built. The ADUs are exempt from Santa Ana rent stabilization, allowing flexible pricing. The property has a new 400-amp panel electrical system, tankless water heaters, paid-off solar panels for the middle building, coin-operated laundry room, and in-unit laundry hookups for select units. Located one mile from downtown Santa Ana, it offers access to schools, dining, and retail. Low-maintenance artificial grass and tenant-managed landscaping add appeal.

Multi-Family Contingent

Price

^$ 3,000,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1924

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

OC25188455

Days on Market

126

Features

General

Sewer Public Sewer

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1924

Stories Count 1

Levels One Two

Property Subtype Apartment

Gross Income 243456

Community Features Curbs Gutter(s) Sidewalks

County Orange

Net Operating Income 180415

Operating Expense 63042

Insurance Expense 4096

New Construction true

Property Type Residential Income

HOA false

MaintenanceExpense 6000

Garage Y/N false

Special Listing Conditions Standard

Status Active Under Contract

Directions The main cross street s are W 17th St and W 5th St

City Santa Ana

Entry Location 1

Senior Community Y/N false

Number Of Units Total 8

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 6970

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 360

Fuel Expense 1200

Trash Expense 3096

Water Sewer Expense 3600

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active Under Contract

Year Built Source Public Records

Tax Lot 9

Property Sub Type Additional Apartment

Taxes 34986

Cap Rate 6.01

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Common Area Washer Hookup Electric Dryer Hookup Gas Dryer Hookup Inside

Entry Level 1

Exterior

Parking Features Assigned

Lot Features Street Level

Water Source Public

Total Parking 0

Lot Size Area 6970

Number of Buildings 4

Building Area Total 4539

Lot Size Acres 0.16

Private Pool false

Lot Size Source Owner

Number of Separate Water Meters 2

Number of Separate Gas Meters 7

Number of Separate Electric Meters 9

* Excluded Features

List By

Johnny Chang Broker

Broker

johnny@changprogroup.com

Affordability Calculator

$18,716

Per Month

Monthly Principal & Interest: $18,716
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Santa Ana, CA

Average List Price ^$2,364,573

Percent of Sale Price 21%

About Santa Ana, CA

331,906 Population

-2% Since 2002

^$55,844 Median Income

32.48 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$3,000,000		Listed Price

Map

More homes like this one

homes for you

See all

616 618 S Van Ness Avenue, Santa Ana, CA, 92701 is a Multi-Family Home for sale at $3,000,000 with 4,539 sqft and a lot size of 0.16. 616 618 S Van Ness Avenue is a studio with 1.0 baths and was built in 1924. The property's zip code is 92701 which is in Santa Ana, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/17/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

616 618 S Van Ness Avenue

Multi-Family Home for sale in Santa Ana, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home