809 S Townsend Street
Property Overview
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.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1960
- Lot size
- 12,240 sq ft
- Parking
- 10 spaces
- Garage
- 10 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Architectural style
- MidCenturyModern,Traditional
Features & Amenities
Appliances
- Electric Range
- Gas Range
- Water Heater
Parking
- Concrete
- Garage
Pool
- None
Lot
- Thirty One To Thirty Five Units Acre
- Front Yard
- Yard
Security
- Carbon Monoxide Detectors
- Smoke Detectors
Community, Schools & Utilities
Community
- Subdivision
- Other
- View
- Courtyard
- Property tax (2026)
- $24,629
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
- Electric
- Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 809 S Townsend Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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