406 E Walnut, Santa Ana, California 92701, Santa Ana, 92701 - 0 bed, 0 bath
Loading property details...
Santa Ana, California 92701
This Versatile Residential Income Triplex is listed at $1,250,000, representing a well-maintained asset near its $1,128,478 Fair Market Value. Featuring a detached 3-bedroom front house and a rear duplex, the property boasts a Good Condition Rating with a remodeled bathroom, newer roof, and private patio. Rare amenities like internal laundry facilities in every unit and a 3-car garage provide a competitive edge for tenants near Theodore Roosevelt Elementary and Julia C. Lathrop Intermediate. This property is a strategic choice for Buy-and-Hold Investors or Owner-Occupants looking for a turnkey income-generating residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 406 E Walnut Subject | $1,250,000* List Price | 0 | 0 | 2,677 | $422 | - |
A 802 S Birch Street Sold | $875,000 | 0 | 0 | 2,634 | $332 | 0.7 mi |
B 600 N Grand Avenue Sold | $1,311,250 | 0 | 0 | 3,260 | $402 | 0.7 mi |
C 101 S Birch Street Active Under Contract | $1,099,000 List Price | 0 | 0 | 2,808 | $391 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained for its age. It features a high-quality, fully remodeled bathroom with modern tiling and fixtures, along with a newer roof (1-2 years old). While the kitchen cabinetry and carpets are somewhat dated, the presence of modern stainless steel appliances and the overall functional, clean state of the units justify a good condition score.
This triplex configuration, featuring a detached 3-bedroom front house and a rear duplex, offers excellent versatility for investors or owner-occupants looking to maximize rental revenue.
The front house features a newer roof (1-2 years old) and a remodeled bathroom, reducing immediate capital expenditure requirements for the new owner.
Rare for multi-unit properties of this vintage, all three units include internal laundry facilities and access to a 3-car garage, significantly increasing tenant retention and desirability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7479, other record lot size in square feet = 6859.
The assigned local schools carry low ratings (ranging from 2 to 4), which may limit the property's appeal to families and impact long-term appreciation.
Built in 1962, the property may require ongoing maintenance or future upgrades to original plumbing and electrical systems that have not been modernized.
Great Triplex Opportunity!!! Single Family detached Home 3 Bedroom 1 Bathroom, Large Bedrooms, Remodeled Bathroom and a Generous Dining Room. 10 foot ceilings. Inside Laundry Room. Front House with fairly new roof, 1-2 years old. Duplex in the rear in good condition; 1 Bedroom 1 Bathroom both with inside laundry. 600 Sq Ft each back unit. 3 Car Garage
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-8 • 0.5 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,677 | 2,677 | 50% |
| Lot Size | 7,479 | 7,479 | 50% |
| Price | $1.25M | $1.08M | 57% |
| Price per sq ft | $467 | $393 | 71% |
| Built year | 1962 | 1939 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 170 | 14% |
Mar 30, 2026
$1,250,000
Initial Listing