606 E Walnut St

Santa Ana, CA 92701

$1,400,000
Last Sold Price
5
Beds
9
Baths
4,800 Sq. Ft.
$292 / Sq. Ft.
4,800
Sq. Ft.
$292
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 1/10/25
Closed 1/10/25
a front view of a house

Description

Great investment opportunity. Welcome to a well maintained 4 plex located at 606 E Walnut St, in the heart of Santa Ana. This 2 levels investment building boast an excellent unit mix comprised of 1 unit 3bed, 2.5 baths down stair with its own 2 cars garage, and other three units with 2bed, 2 bath and 1 car garage for each. Garages are located in the rear with alley access. Community laundry room and separate electricity and gas meter for each unit, made it more convenience for potential investor....Great investment opportunity. Welcome to a well maintained 4 plex located at 606 E Walnut St, in the heart of Santa Ana. This 2 levels investment building boast an excellent unit mix comprised of 1 unit 3bed, 2.5 baths down stair with its own 2 cars garage, and other three units with 2bed, 2 bath and 1 car garage for each. Garages are located in the rear with alley access. Community laundry room and separate electricity and gas meter for each unit, made it more convenience for potential investor. Walk in distance to many stores on First Street and Downtown Plaza plus in high demand rent area and very low vacancy, this fantastic investment opportunity won’t last long.
  1. Listed by Thanh Chu • DRE #01888841 • Brokerage DRE #01984638 • Professional R.E. Center, Inc. • 714-837-0144
  2. Listed by Mai Dao • DRE #02020278 • Brokerage DRE #01984638 • Professional R.E. Center, Inc.

Property Details for 606 East Walnut Street

Architectural Style
Traditional
View
Neighborhood
Parking Spaces Total
7
Private Pool
No
Cooling Type
None
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 01/15/2025 10:26 AM

Property Details for 606 East Walnut Street

StatusClosed
MLS #PW24150393
Days on Market99
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeResidential Income
Year Built1978
Lot Size0.16 AC / 6,970 SF
CountyOrange County
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Location

Listing Courtesy of Professional R.E. Center, Inc., Thanh Chu, DRE #01888841; Professional R.E. Center, Inc., Mai Dao, DRE #02020278

Sold By NONMEMBER MRML, General NONMEMBER, DRE #01903046

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Building Information for 606 East Walnut Street

Stories2Residences-Year Built1978Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$7,538 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,976

Property Taxes

$562

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 606 East Walnut Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $85,000
  • Gross Scheduled Income: $85,000
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Net Operating Income: $71,800
  • Laundry Income: $600
  • Cap Rate: 6.0
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $13,200
  • Fuel Expense: $2,400
  • Electric Expense: $600
  • Insurance Expense: $1,500
  • Professional Management Expense: $0
  • Trash Expense: $3,600
  • Water Sewer Expense: $3,600
  • Total Expenses: $10,200
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 312
  • Tax Census Tract: 750.02
  • Tax Lot: 6
Community / Development
Community / Development
  • Association Amenities: Playground, Electricity, Gas, Insurance, Trash, Utilities, Water, Hot Water
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Range, Gas Water Heater, Water Heater
  • Equipment: Community, Laundry Area
  • Interior Features: 2 Staircases
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Primary Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Cooling: None
  • Heating Type: Central, Natural Gas
  • Heating: Central, Natural Gas
  • Flooring Type: Carpet, Laminate
  • Flooring: Carpet, Laminate
Exterior Features
  • Door Features: French Doors, Panel Doors
  • Window Features: Insulated Windows
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Construction Materials: Concrete, Drywall Walls
  • Exterior Construction: Concrete
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Good Condition
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 6500-9999, Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned, Garage, Garage - 1 Car, Garage - 3 Car, Parking Space
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Assigned, Asphalt, Concrete, Garage, Garage Faces Rear, Garage - Single Door, Garage - Three Door, Parking Space
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $4,950
  • Unit Type Pro Forma: 4950
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 606 East Walnut Street

DateEvent & SourcePriceAppreciation
Jan 10, 2025

Sold (Public Record)

Public Record #1548575609

$1,400,000—
Jan 10, 2025

Sold

CRMLS #PW24150393

$1,400,000—
Jan 10, 2025

Sold

CLAW #PW24150393MR

$1,400,000—
DateEvent & SourcePrice
01/10/2025

Sold (Public Record)

Public Record #1548575609

$1,400,000
01/10/2025

Sold

CRMLS #PW24150393

$1,400,000
01/10/2025

Sold

CLAW #PW24150393MR

$1,400,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 606 East Walnut Street

Taxable ValueLand$171,793Additions$331,911Total$503,704
Tax Record2025$6,748 ($562 / month)
Home Facts
Total Finished SqFt4,116 SqFtAbove Grade Finished SqFt4,116 SqFtLot Size6,926 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979CountyORANGEAPN404-076-05

Schools near 606 East Walnut Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Theodore Roosevelt Elementary School
Public - K to 5
Douglas MacArthur Fundamental Intermediate School
Public - 6 to 8
Century High School
Public - 9 to 12
Jim Thorpe Fundamental School
Public - K to 5
Rating
School
Distance
Theodore Roosevelt Elementary School
PublicK to 5

Douglas MacArthur Fundamental Intermediate School
Public6 to 8

Century High School
Public9 to 12

Jim Thorpe Fundamental School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Professional R.E. Center, Inc., Thanh Chu, DRE #01888841; Professional R.E. Center, Inc., Mai Dao, DRE #02020278

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.