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About the Listing PB8846 - PAPPLRIC,PWBLAGAR
809 S. Townsend Street is a 10-unit, 1961-vintage multifamily asset in Santa Ana totaling 6,840 SF of net rentable area on a 12,240 SF lot. The property is 100% occupied with a mix of six 1BR/1BA and four 2BR/1BA units, each with a private garage plus on-site laundry and ample street parking. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs, new railings, new windows, and a new water heater, improving curb appeal and helping to minimize near-term capital expenditures. Current rent levels project to have 57% upside, with an 8.5% pro forma cap rate on market rents. Long-term ownership and a motivated seller create a clear value-add path for investors seeking stable in-place income with substantial rental upside in a high-demand Orange County submarket.
Listing Highlights for 809 S Townsend St
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Electric Range, Gas Range, Water Heater
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 31-35 Units/Acre,Front Yard,Yard,No Land Lease
- Garage Capacity: 10 car
- Parking Spaces: 10
- Roof: Asphalt,Composition
- Others: Drywall,Frame,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Concrete,Garage
Financial Details
- Tax Amount: $24,629
- Taxes w/Assessments: N/A
- Tax/Property ID: 10961122
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
809 S Townsend St Santa Ana, CA 92704
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