202 E Walnut St, Santa Ana, CA 92701
OFF MARKET
Listed by Rick Applebaum, Morgan Skenderian, (949) 251-8800 . Bought with Morgan Skenderian

202 E Walnut St
Santa Ana, CA 92701

Eastside
  • 9 Beds
  • 10 Baths
  • 7,638 sqft (on 0.26 acres)
9 Beds
10 Baths
7,638 sqft
(on 0.26 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Pleased to present 202 E. Walnut Street, a garden style, 10-unit apartment complex overflowing with curb appeal, consisting of (9) Large 1-Bedroom units and (1) Studio averaging 763 SF each. Beautifully maintained with lush landscaping and a heavily upgraded property, the units are situated on a sizeable corner lot of a quiet, treelined street. Residents of the property enjoy the proximity to the Historic Downtown District (walking distance) known for its vibrant artistic & cultural scene, trendy dining establishments and various other entertainment related venues. All units of the property have been meticulously cared for and fully upgraded with washer and dryer machines included in each unit, all new kitchens with stainless steel appliance, interior paint, fixture throughout the units, and dual pane windows. Priced at a 6.3% CAP rate on the current rents makes this investment one the most attractive multifamily investments in the entire county. A rare opportunity to take advantage of positive leverage, allowing the investor to place a smaller down payment and increase the cash-on-cash return. Additionally, current ownership is in the process of obtaining approval for (2) ADU (Accessory Dwelling Units) which is expected to receive planning approval shortly. The additional income generate from this unit is expected to increase gross income by 23%.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 09, 2024

Home Highlights

Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 202 E Walnut St

Interior Features

Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 10
Appliances & Utilities
Appliances: Dryer, WasherDryerWasher
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5Has a GarageParking Spaces: 5Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 63

Property Information

Year Built
Year Built: 1937
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 40409213

Price & Status

Price
List Price: $3,195,000
Status Change & Dates
Off Market Date: Wed Apr 03 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Santa Ana

Building

Building Area
Building Area: 7638 Square Feet

Community

Community Features: Curbs, Gutter(s), SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.26 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional, 1031 Exchange

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW24022495Living Area Range Units: Square FeetAttribution Contact: rma@morganskenderian.comCommon Interest: Community ApartmentUniversal Property Id: US-06059-N-40409213-R-N

Additional Information

CurbsGutter(s)Sidewalks
Last check for updates: about 2 hours ago
Listed by Rick Applebaum DRE #01273871
Morgan Skenderian
Paul Espinosa DRE #01942627
Morgan Skenderian
Bought with: Damien Breaux DRE #01460301, (949) 662-2916, Morgan Skenderian
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24022495

Price History for 202 E Walnut St

DatePriceEventSource
04/08/2024$2,850,000Sold
CRMLS #PW24022495
04/04/2024$3,195,000PendingCRMLS #PW24022495
01/31/2024$3,195,000PriceChangeCRMLS #PW24022495
06/14/2023ListingRemovedZillow Rentals
06/12/2023$2,195Listed For RentZillow Rentals
05/21/2023ListingRemovedZillow Rentals
04/21/2023$2,195Listed For RentZillow Rentals
04/07/2023ListingRemovedZillow Rentals
03/16/2023$2,195Listed For RentZillow Rentals
02/24/2022$2,450,000PendingCRMLS #PW21240949
11/02/2021$2,450,000Listed For SaleCRMLS #PW21240949

Market trends in Santa Ana

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$804K
$28.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$599
$13MoM
Available listings
304
33MoM
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Homeowner tools

Estimated monthly rent$3,956/mo
List your home for rent

Comparable Sales for 202 E Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
120 E Pine St, Santa Ana, CA
0.10
Multi-Family Home
$3,700,000
06/11/26
10
14
7,350
402 S Maple St, Santa Ana, CA
0.17
Multi-Family Home
$1,500,000
09/24/25
8
6
4,448
223 S Orange Ave, Santa Ana, CA
0.06
Multi-Family Home
$1,370,000
02/27/26
5
9
3,554
701 E Chestnut Ave, Santa Ana, CA
0.35
Multi-Family Home
$1,400,000
09/02/25
9
9
4,266
616-618 S Van Ness Ave, Santa Ana, CA
0.60
Multi-Family Home
$2,907,158
12/31/25
12
12
4,539
806 N Lacy St, Santa Ana, CA
0.58
Multi-Family Home
$1,725,000
02/13/26
11
9
4,500
313 S Broadway, Santa Ana, CA
0.25
Multi-Family Home
$1,260,000
04/17/26
8
5
2,964
849 N Van Ness Ave, Santa Ana, CA
0.79
Multi-Family Home
$2,300,000
11/26/25
10
6
4,498
810 S Flower St, Santa Ana, CA
0.83
Multi-Family Home
$1,255,000
09/12/25
10
9
5,166
1402 S Minnie St, Santa Ana, CA
1.11
Multi-Family Home
$2,250,000
05/15/26
12
10
6,648

Nearby homes

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Assigned Schools

These are the assigned schools for 202 E Walnut St.
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Neighborhood Overview

Eastside
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Eastside

At least 20 Trulia users voted on each feature.

  • 80 % Say it's walkable to grocery stores

  • 79 % Say there are sidewalks

  • 74 % Say car is needed

  • 70 % Say it's dog friendly

  • 67 % Say there's holiday spirit

  • 64 % Say yards are well-kept

  • 53 % Say streets are well-lit

  • 52 % Say it's walkable to restaurants

  • 52 % Say kids play outside

  • 50 % Say they plan to stay for at least 5 years

  • 42 % Say it's quiet

  • 42 % Say neighbors are friendly

  • 38 % Say people would walk alone at night

  • 35 % Say parking is easy

  • 31 % Say there's wildlife

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 202 E Walnut St

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Off Market Homes Near 202 E Walnut St

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
202 E Walnut St, Santa Ana, CA 92701 is a 9 bedroom, 10 bathroom, 7,638 sqft multi-family built in 1937. 202 E Walnut St is located in Eastside, Santa Ana. This property is not currently available for sale. 202 E Walnut St was last sold on Apr 8, 2024 for $2,850,000 (11% lower than the asking price of $3,195,000).