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.
Listed by Johnny Chang
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License #01961748
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Johnny Chang Broker
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949-545-1113
Last updated September 06, 2025
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Source: CRMLS #OC25188455
Listing Facts
TypeMulti-family
NeighborhoodHeninger Park
Days on Prevu18
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/06/2025
Status changed to Active
$3,075,000
09/06/2025
Status changed to Removed from Feed
$3,075,000
09/05/2025
Status changed to Active
$3,075,000
09/04/2025
Status changed to Removed from Feed
$3,075,000
08/21/2025
Listed by Johnny Chang Broker
$3,075,000
Property Details for 616 618 S Van Ness Avenue
Association
Amenities
Community Features: Curbs, Gutter(s), Sidewalks
Exterior
Construction
New Construction: Yes
Number Of Units Total: 8
Stories: 1
Stories Total: 2
Year Built: 1924
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 4,539
Building Area Units: Square Feet
Lot Features: Street Level
Lot Size Acres: 0.16
Lot Size Area: 6,970
Lot Size Source: Owner
Lot Size Square Feet: 6,970
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.84
Gross Income: $243,456.00
Operating Expense: $63,876.00
Taxes
Parcel Number: 01016311
Other
Location
Tax Block: 9
Tax Lot: 9
Parking
Parking
Parking Features: Assigned
Utilities
Equipment
Laundry Features: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.