Description

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.

Property details

Year built

1960

Property type

Residential Income

Lot size

12,240 sqft

Location

809 S Townsend Street • Santa Ana, CA 92704

More homes for sale and rent in Santa Ana, CA →

Listing Agent

Rick Applebaum

DRE #: 01273871

Brokerage: Morgan Skenderian

Garrett Blair

Co-Listing Agent

DRE #: 02026908

Brokerage: Morgan Skenderian

Similar Listings

Recent sales near 809 S Townsend Street

910 S Townsend: Sold $1,640,000 · Oct 2026 · 0.1 mi
NextHome Pacific Estates | DRE #00993554
Buyer's agent: Chad Langseth, NextHome Pacific Estates | DRE #00993554
2004 W Mcfadden: Sold $820,000 · 3 bd · 2 ba · 1,133 sqft · Sep 2026 · 0.2 mi
ROA California Inc | DRE #02031197
Buyer's agent: M. Teresa Aguillon, RE/MAX One | DRE #01228122
1201 S Douglas: Sold $850,000 · 3 bd · 2 ba · 1,233 sqft · Aug 2026 · 0.3 mi
Old Newport Realty | DRE #01064293
Buyer's agent: Victor Rosales, ROA California Inc. | DRE #02173944
2011 W Wilshire: Sold $899,000 · 4 bd · 2 ba · 1,320 sqft · Sep 2026 · 0.4 mi
HPT Realty | DRE #01891336
Buyer's agent: Thy Le, HPT Realty | DRE #01891336
1329 W Mcfadden: Sold $1,040,000 · 6 bd · 4 ba · 2,146 sqft · Sep 2026 · 0.5 mi
L.S. Gateway Realtors | DRE #01489052
Buyer's agent: Minh Lam, One Stop Realty and Financial | DRE #01962903
303 Crown Lane 197: Sold $58,000 · 2 bd · 2 ba · Sep 2026 · 0.5 mi
Real Broker | DRE #01214489
Buyer's agent: Claudia Negrete, Real Broker | DRE #01214489
205 Duchess Lane 125: Sold $157,000 · 4 bd · 2 ba · 1,152 sqft · Sep 2026 · 0.5 mi
United One Realty | DRE #02012747
Buyer's agent: Pricilla Mercado, Arthur Cervantes Properties Inc | DRE #02427469
1517 W Borchard Avenue: Sold $830,000 · 4 bd · 2 ba · 1,230 sqft · Aug 2026 · 0.6 mi
ERA North Orange County | DRE #01076312
Buyer's agent: Carlos Tatum, West Shores Realty, Inc. | DRE #02038562

Closed sales reported in 92704, nearest first, last 12 months. All recent sales in Santa Ana →

Sale history for 809 S Townsend Street →

CRMLS

MLS# PW26222660

Listed: 10/13/2026 10:16 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/13/2026 6:37 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Morgan Skenderian

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 809 S Townsend Street, Santa Ana, CA