South Garnsey Apartments

Santa Ana is downtown for the world famous Orange County, California. It is the County Seat, the second-most populous city in Orange County with a population of over 310,000. Over 1,400 City employees work hard every day to deliver efficient public services in partnership with our community to ensure public safety, a prosperous economic environment, opportunities for our youth, and a high quality of life for residents. The City of Santa Ana is a 27-square mile, ethnically diverse city located 35 miles south of Los Angeles and roughly ten miles inland from the Pacific Ocean. The City comprises more than 60 distinct neighborhoods. The Santa Ana Unified School District is the local school district that serves the majority of our community. Santa Ana's centralized location places the City less than 30 minutes from most Southern California destinations, including four airports. Its density and transportation infrastructure enable residents and employees to embrace a sustainable lifestyle by commuting to work via bus, train, bicycle, or on foot. This convenience attracts a diverse population that appreciates Santa Ana's distinctive housing choices, energetic nightlife, and cultural amenities like the Artist’s Village, Discovery Cube Orange County, Heritage Museum of Orange County, the Santa Ana Zoo at Prentice Park, and more. Santa Ana has a large and diverse business base, with over 30,000 businesses who employ over 150,000 people. Santa Ana is the corporate headquarters of several large companies, including Behr Paint and First American Financial Corporation.The Kirklen Investment Group, the exclusive listing agent, is thrilled to present 315 South Garnsey Street, a prime 5-unit multifamily investment property located in the desirable Heninger Park Neighborhood of Santa Ana, CA. Built in 1964, this property features five one-bedroom apartments, complete with amenities such as garages and open parking, as well as an on-site laundry facility. This property presents a value-add opportunity with significant rental upside, making it an attractive investment for savvy buyers. Additionally, the property offers the opportunity to convert the garages into an Additional Dwelling Unit (ADU), further increasing the rental income potential. The buyer must verify this possibility with the City of Santa Ana to ensure compliance with local zoning and building regulations. Its prime location is just 1.10 miles from Downtown Santa Ana and the lively 4th Street Market, providing tenants with easy access to local businesses, dining, and nightlife. Additionally, the property is within 1.80 miles of Santa Ana College, appealing to students and faculty. With close proximity to the 5 Interstate, residents can conveniently connect to major employment hubs across Orange and Los Angeles Counties. This investment not only promises attractive living spaces but also the potential for strong tenant demand in a thriving area.