520 E Walnut St, Santa Ana, CA 92701
OFF MARKET
Listed by Tyler Leeson, Marcus & Millichap RE Invest . Bought with DC Real Estate

$4,505,100

Trulia Estimate
  • 32 Beds
  • 32 Baths
  • 15,552 sqft (on 0.48 acres)

520 E Walnut St, Santa Ana, CA 92701

Eastside
Est. Refi. Payment $27,120/mo*
Refinance Your Home
Currently Off Market - Sold Jan 23, 2025 for $5,850,000

Home Value

Trulia Estimate
$4.5M
Since last month
Decreased$1M (-21.9%)
Since last year
Decreased$1M (-22.2%)
Since last sale
Decreased$1M (-23%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -11% in the last 10 years
MonthEstimated value
2026
August 2026$4.51M
August 2026$4.5M
July 2026$5.77M
June 2026$5.94M
May 2026$5.93M
March 2026$5.99M
February 2026$6.03M
January 2026$5.84M
2025
2024
2023

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
120 E Pine St, Santa Ana, CA
0.32
Multi-Family Home
$3,700,000
06/11/26
10
14
7,350
935 W Bishop St, Santa Ana, CA
1.00
Multi-Family Home
$3,825,000
03/05/26
24
12
9,784
1601 N Flower St, Santa Ana, CA
1.31
Multi-Family Home
$3,700,000
11/10/25
26
17
15,678
402 S Maple St, Santa Ana, CA
0.20
Multi-Family Home
$1,500,000
09/24/25
8
6
4,448
806 N Lacy St, Santa Ana, CA
0.57
Multi-Family Home
$1,725,000
02/13/26
11
9
4,500
1419-1423 S Sycamore St, Santa Ana, CA
1.18
Multi-Family Home
$3,100,000
12/23/25
24
12
8,995
223 S Orange Ave, Santa Ana, CA
0.20
Multi-Family Home
$1,370,000
02/27/26
5
9
3,554
802 N Spurgeon St, Santa Ana, CA
0.58
Multi-Family Home
$1,700,000
06/22/26
10
6
5,042
616-618 S Van Ness Ave, Santa Ana, CA
0.80
Multi-Family Home
$2,907,158
12/31/25
12
12
4,539
2221 E Lenita Ln, Santa Ana, CA
2.02
Multi-Family Home
$5,200,000
08/20/26
26
26
16,897

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
606 E Walnut St, Santa Ana, CA 92701
0.04
-
9
9
4,800
Off Market
519 E Walnut St, Santa Ana, CA 92701
0.04
$963,900
4
2
1,521
Off Market
620 E Pine St, Santa Ana, CA 92701
0.09
$1,689,000
8
6
4,671
For Sale
422 E Walnut St, Santa Ana, CA 92701
0.06
-
4
5
2,956
Off Market
629 E Chestnut Ave, Santa Ana, CA 92701
0.13
-
9
9
5,174
Off Market
709 E Chestnut Ave, Santa Ana, CA 92701
0.16
$3,550,000
Studio
12
7,032
For Sale
714 E 2nd St, Santa Ana, CA 92701
0.13
-
Studio
-
1,476
Off Market
705 E 2nd St, Santa Ana, CA 92701
0.16
$723,300
2
2
816
Off Market
802 E Pine St #12, Santa Ana, CA 92701
0.20
$489,300
2
1.5
1,079
Off Market
701 E Chestnut Ave, Santa Ana, CA 92701
0.21
$1,590,000
9
8
4,266
For Sale
402 S Maple St, Santa Ana, CA 92701
0.20
-
8
6
4,448
Off Market

Local Information

  • Map ViewExplore the area around 520 E Walnut St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1983
0.48 acre lot
15,552 sqft
$290/sqft
Garage

About this House

520 East Walnut Street is a 16-unit multifamily investment property located in Santa Ana, CA. Built in 1983, 520 East Walnut Street offers exclusively two-bedroom townhomes with private patios. The property features highly desirable amenities including in-unit laundry hookups, central A/C and heating, controlled pedestrian access, and a gated subterranean parking garage. Currently, there are 12 renovated or partially renovated units that feature high-quality upgrades including appliances, shaker-style cabinets, quartz countertops, plumbing fixtures, recessed lighting, and more. These improvements have allowed ownership to charge a significant rental premium over non-renovated units, with an average rent of $2,795 for the renovated units. Furthermore, current ownership has identified under-utilized community space that could further increase rental income and diversify the overall unit mix through the conversion of a storage room into an accessory dwelling unit (ADU). 520 East Walnut Street benefits from its excellent central Santa Ana location just south of Downtown Santa Ana and its bustling 4th Street, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property is within walking distance of Downtown Plaza, granting residents easy access to everyday needs. 520 East Walnut Street is located within a 1-mile radius of all three levels of schooling, including Lowell Elementary School, Lathrop Intermediate School, and Santa Ana High School. Furthermore, the property is just over 1.50 miles from Santa Ana College, the 3rd top employer within the city per Santa Ana’s 2023 Annual Comprehensive Financial Report. Residents enjoy 520 East Walnut Street’s close proximity to Interstate 5 and State Route 55 as they connect residents to employment hubs throughout Southern California. Given the property’s high-quality unit finishes and close proximity to Santa Ana’s most popular destinations, 520 East Walnut Street is well suited to provide investors with strong returns over the long-term investment horizon.
520 E Walnut St, Santa Ana, CA 92701 is a 32 bedroom, 32 bathroom, 15,552 sqft multi-family in Eastside, built in 1983. It last sold for the $5,875,000 asking price on Jan 23, 2025. More recently, it was listed as a rental in December 2025 with an asking price of $2,850 per month. That rental listing was removed on December 12, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $4,505,100, with a rent estimate of $3,001/month.

Home Details for 520 E Walnut St

Interior Features

Beds & Baths
Number of Bedrooms: 32Number of Bathrooms: 32
Appliances & Utilities
Laundry: Washer Hookup,Gas Dryer Hookup
Heating & Cooling
Heating: CentralHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 2Entry Location: First level

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 40Number of Covered Spaces: 40Has a GarageParking Spaces: 40Parking: 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: 77

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 40408101

Price & Status

Price
List Price: $5,875,000
Status Change & Dates
Off Market Date: Mon Dec 30 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Santa AnaCommunity: Other

Building

Building Area
Building Area: 15552 Square Feet

Community

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

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.48 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: OC24212983Living Area Range Units: Square FeetAttribution Contact: tleeson@marcusmillichap.comCommon Interest: Community ApartmentUniversal Property Id: US-06059-N-40408101-R-N

Additional Information

CurbsGutter(s)Sidewalks

Price and Tax history

DateEventPrice
Dec 12, 2025
Source: CRMLS #OC25221438
ListingRemoved
$2,850
Dec 9, 2025
Source: CRMLS #OC25221438
Listed For Rent
$2,850
Dec 9, 2025
Source: Zillow Rentals
ListingRemoved
$2,850
Sep 22, 2025
Source: CRMLS #OC25221438
Listed For Rent
$2,850
Jan 23, 2025
Source: CRMLS #OC24212983
Sold
$5,850,000

Market trends in Santa Ana

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$860K
$20KMoM
Sale-to-List Price
100.0%
Price per sq ft
$613
$5MoM
Available listings
299
19MoM

Around this home

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

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 2026-09-07 08:15:18 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 520 E Walnut St

  • What is 520 E Walnut St estimated to be worth?
    Trulia's estimated value for 520 E Walnut St in Santa Ana, CA is $4,505,100.
  • What is the price history for 520 E Walnut St?
    520 E Walnut St in Santa Ana, CA last sold for $5,850,000 in January 2025.
  • 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 $860K. That is up $20K from the prior month.
  • Does 520 E Walnut St have laundry facilities?
    Yes, 520 E Walnut St in Santa Ana, CA has laundry facilities.

Explore by feature - Pet Friendly

107 pet-friendly rentals in Santa Ana, CA

Explore by feature - Garage

95 rentals with a garage in Santa Ana, CA

Explore by feature - Air Conditioning

144 rentals with air conditioning in Santa Ana, CA

Explore by feature - Pool

92 rentals with a pool in Santa Ana, CA

Explore by feature - Washer/dryer

116 rentals with a washer/dryer in Santa Ana, CA

Explore by feature - Outdoor Space

21 rentals with an outdoor space in Santa Ana, CA

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 520 E Walnut St

Skip to last item
Skip to first item

Homes for sale near 520 E Walnut St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item