616 S Van Ness Ave

$3,000,000
Price
3
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

$75,000 Price Reduction! 6.01% Current Cap Rate! 616-618 S Van Ness Ave is an 8-unit multifamily property in Santa Anas 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....$75,000 Price Reduction! 6.01% Current Cap Rate! 616-618 S Van Ness Ave is an 8-unit multifamily property in Santa Anas 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.

Property Details for 616 South Van Ness Avenue

Zoning
Public Rec
Area Zip
OC - SANTA ANA (92701)
Standard Status
Active Under Contract
LISTING UPDATED: 11/24/2025 12:25 AM

Property Details for 616 South Van Ness Avenue

StatusContingent
MLS #OC25188455
Days on Market102
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units / Res Income 2-4 Units
Year Built-
Lot Size0.16 AC / 6,970 SF
CountyOrange County

Location

Listing Courtesy of Johnny Chang Broker, Johnny Chang, DRE #01961748
Add your commute

Building Information for 616 South Van Ness Avenue

Stories2Residences8Year Built-Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$14,824 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,824

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 616 South Van Ness Avenue

Summary
Location and General Information
  • Coordinates: -117.873648, 33.738788
  • Latitude: 33.738788
  • Longitude: -117.873648
  • Directions: The main cross street s are W 17th St, and W 5th St
Taxes and HOA
  • Association Fee: $0
  • CFD Mello Roos Fee Reflct: Year
  • Monthly Total Fees: $133
Property
Lot Information
  • Building Area Total: 0.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6970.0
  • Lot Size Units: Acres
  • Lot Size: 4,000-7,499 SF
Property and Assessments
  • Parcel Number: 01016311
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Site: Curbs, Sidewalks
  • Year Built: 0
Interior and Exterior Features
Exterior Features
  • Pool Features: N/K
  • Pool Heat: N/K
  • Number Of Buildings: 4
Interior Features
  • Bathrooms Half: 0
  • Stories Total: 2
  • Levels: 1 Story
  • Bedrooms Count: 3
  • Baths Total: 3.0
Multi Family
Income & Expenses
  • Operating Expense: $63,042
  • Gross Scheduled Income: $250,800
Multi Family Information
  • Unit Numfor Unit1: 1
  • Unit Numfor Unit2: 2
  • Number Of Units Total: 8

Property History for 616 South Van Ness Avenue

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Accepting Backup Offers

SDMLS #OC25188455

Sep 21, 2025

Price Change

SDMLS #OC25188455

$3,000,000
Aug 14, 2025

Listed (Active)

SDMLS #OC25188455

$3,075,000
Oct 25, 2023

Sold

SDMLS #PW23179115

$760,000
Oct 10, 2023

Pending

SDMLS #PW23179115

Sep 25, 2023

Listed (Active)

SDMLS #PW23179115

$1,195,000
DateEvent & SourcePrice
11/07/2025

Accepting Backup Offers

SDMLS #OC25188455

09/21/2025

Price Change

SDMLS #OC25188455

$3,000,000
08/14/2025

Listed (Active)

SDMLS #OC25188455

$3,075,000
10/25/2023

Sold

SDMLS #PW23179115

$760,000
10/10/2023

Pending

SDMLS #PW23179115

09/25/2023

Listed (Active)

SDMLS #PW23179115

$1,195,000

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

Schools near 616 South Van Ness Avenue

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Pio Pico Elementary School
PublicK to 5

Julia C. Lathrop Intermediate School
Public6 to 8

Santa Ana High School
Public9 to 12

Nova Academy Early College High
Charter9 to 12

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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Listing Courtesy of Johnny Chang Broker, Johnny Chang, DRE #01961748

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.