$1,750,000
315 S Garnsey St, Santa Ana CA 92701
Multi-Family (5 Units)
Property type
228 days
On market
$479
Price per sqft
3 cars
Garage
1964
Year built
6,098 sqft
Lot size
Home highlights
Open Houses
Overview
Discover the opportunity to step into a fully renovated, turnkey 5-unit apartment building designed for passive income. Each spacious 1-bedroom, 1-bath unit offers 633 sq ft of comfortable living space, outfitted with brand-new ranges, refrigerators, washer/dryers, blinds, and mini-splits for optimal comfort. The property features a modern concrete parking area with three...
Listing provided by: Chris Diaz DRE #01247100 714-262-4154, Redfin Corporation, Gabriel Eric Schmidt DRE #01349352 949-922-1353, Redfin
Listing updated: May 28, 2026 at 11:39pm.
Last checked: Jun 15, 2026 at 01:00pm
Source: CRMLS #PW25250502
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 5
Refrigerator: 5
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
12.2x
List Price / Annual Gross Rent
Cap Rate
8%
NOI / List Price
Gross Scheduled Income: $144,000
Operating Expense: $0
Net Operating Income: $120,000
Annual Operating Expenses
Insurance: $2,500
Maintenance: $3,000
New Taxes: $17,000
Professional Management: $0
Trash: $0
Other Expense: $1,500
Interior
Flooring: Laminate
Appliances: Refrigerator, Dryer, Washer
Laundry: Inside, Dryer Included, Washer Included
Entry Location: Front Door
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre, Front Yard, Lawn
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Garage
Garage Spaces: 3
Uncovered Spaces: 6
Parking Total: 9
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 00820217
Additional Parcels: No
Tax Lot: 5
Subdivision: Henniger Park
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking