202 E  Walnut St, Santa Ana, CA 92701
OFF MARKET
Listed by Rick Applebaum, Morgan Skenderian . Bought with Morgan Skenderian

$2,850,000

Last sold price
  • 9 Beds
  • 10 Baths
  • 7,638 sqft (on 0.26 acres)

202 E Walnut St, Santa Ana, CA 92701

Eastside
Currently Off Market - Sold Apr 8, 2024 for $2,850,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Multi-Family Home
$3,700,000
06/11/26
10
14
7,350
0.17
Multi-Family Home
$1,500,000
09/24/25
8
6
4,448
0.06
Multi-Family Home
$1,370,000
02/27/26
5
9
3,554
0.52
Multi-Family Home
$1,700,000
06/22/26
10
6
5,042
0.60
Multi-Family Home
$2,907,158
12/31/25
12
12
4,539
0.58
Multi-Family Home
$1,725,000
02/13/26
11
9
4,500
0.25
Multi-Family Home
$1,260,000
04/17/26
8
5
2,964
0.79
Multi-Family Home
$2,300,000
11/26/25
10
6
4,498
1.11
Multi-Family Home
$2,250,000
05/15/26
12
10
6,648
0.77
Multi-Family Home
$3,825,000
03/05/26
24
12
9,784

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$1,370,000
5
9
3,554
Recently Sold
0.05
$3,675,000
18
18
12,487
For Sale
0.10
$3,700,000
10
14
7,350
Recently Sold
0.14
$489,100
2
2
1,087
Off Market
0.15
$549,000
3
2
1,087
For Sale
0.15
$345,000
2
2
952
Recently Sold
0.15
$450,000
2
2
952
For Sale
0.15
$612,700
3
2
1,087
Off Market
0.15
$420,000
2
2
1,033
Recently Sold
0.15
$510,200
2
2
1,033
Off Market
0.15
$462,900
2
2
952
Off Market

Local Information

  • Map ViewExplore the area around 202 E Walnut St.
  • Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1937
0.26 acre lot
7,638 sqft
Garage

About this House

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%.
202 E Walnut St, Santa Ana, CA 92701 is a 9 bedroom, 10 bathroom, 7,638 sqft multi-family in Eastside, built in 1937. It last sold for $2,850,000 on Apr 8, 2024 (11% below the $3,195,000 asking price). More recently, it was listed as a rental in June 2023 with an asking price of $2,195 per month. That rental listing was removed on June 14, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $3,409/month.

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

Price and Tax history

DateEventPrice
Apr 8, 2024
Source: CRMLS #PW24022495
Sold
$2,850,000
Apr 4, 2024
Source: CRMLS #PW24022495
Pending
$3,195,000
Jan 31, 2024
Source: CRMLS #PW24022495
PriceChange
$3,195,000
Jun 14, 2023
Source: Zillow Rentals
ListingRemoved
Jun 12, 2023
Source: Zillow Rentals
Listed For Rent
$2,195

Market trends in Santa Ana

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$838K
$22K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$611
$2
MoM
Available listings
301

Neighborhood Overview

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

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 2026-09-15 13:11:35 PDT 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

Frequently asked questions about 202 E Walnut St

  • What is the price history for 202 E Walnut St?
    202 E Walnut St in Santa Ana, CA last sold for $2,850,000 in April 2024.
  • Is Santa Ana a buyer's or seller's market?
    Santa Ana is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Santa Ana?
    The median sale price in Santa Ana is $838K. That is down $22K from the prior month.
  • What do residents say about the Eastside neighborhood?
    Residents describe the Eastside neighborhood in Santa Ana, CA as walkable to grocery stores, pedestrian-friendly, and dog-friendly. See recently sold homes in Eastside, Santa Ana.
  • Does 202 E Walnut St have laundry facilities?
    Yes, 202 E Walnut St in Santa Ana, CA has in-unit laundry.

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