Sold
202 E Walnut Street sold on April 8, 2024 for $2,850,000. The details are below for reference.
202 E Walnut Street, Santa Ana, CA 92701
- 7,638 sq ft
- Built 1937
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$2,850,000
The home
About 202 E Walnut Street
Pleased to present 202 E. Walnut Street, a garden style, 10-unit apartment complex overflowing with curb appeal, consisting of (9) Large 1-Bedroom units and (1) Studio averaging 763 SF each. Beautifully maintained with lush landscaping and a heavily upgraded property, the units are situated on a sizeable corner lot of a quiet, treelined street. Residents of the property enjoy the proximity to the Historic Downtown District (walking distance) known for its vibrant artistic & cultural scene, trendy dining establishments and various other entertainment related venues. All units of the property have been meticulously cared for and fully upgraded with washer and dryer machines included in each unit, all new kitchens with stainless steel appliance, interior paint, fixture throughout the units, and dual pane windows. Priced at a 6.3% CAP rate on the current rents makes this investment one the most attractive multifamily investments in the entire county. A rare opportunity to take advantage of positive leverage, allowing the investor to place a smaller down payment and increase the cash-on-cash return. Additionally, current ownership is in the process of obtaining approval for (2) ADU (Accessory Dwelling Units) which is expected to receive planning approval shortly. The additional income generate from this unit is expected to increase gross income by 23%.
Property details for 202 E Walnut Street
This apartment sits in Santa Ana in Orange County. It has 7,638 square feet of living space. The home was built in 1937. The MLS record lists the assessor parcel number as 404-092-13. Highlights include a five-car garage.
Specifications
Home Details
General Features
- Property Type
- Apartment
- MLS Number
- PW24022495
- Year Built
- 1937
- Lot Size (sq ft)
- 11,224
- Lot Size (acres)
- 0.2577
- Levels
- Two
- Garage Spaces
- 5
- Parking Spaces
- 5
- Annual Taxes
- $35,400
- Parcel Number
- 40409213
- On Market Date
- 2024-01-31
- Listing Terms
- Standard
Interior Features
- Appliances
- Dryer, Washer
- Fireplace
- None
- Entry Level
- 1
- Common Walls
- Two Common Walls Or More
Exterior Features
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 10
Community Features
- Community Features
- Curbs, Gutters, Sidewalks
The record
Property History for 202 E Walnut Street
| Date | Event | Price | Note |
|---|---|---|---|
| Apr 8, 2024 | Sold | $2,850,000 | |
| Apr 3, 2024 | Status changed to Pending | From Active | |
| Jan 31, 2024 | Listed for sale | $3,195,000 | |
| May 11, 2022 | Sold | $2,525,000 | Morgan Skenderian |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 202 E Walnut Street
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0276J effective December 3, 2009. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Tustin quadrangle, released January 17, 2001. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Tustin quadrangle, released January 17, 2001. Checked October 15, 2026.
Internet and charging
- Fixed internet
Cable: Spectrum, up to 1,000 Mbps, at 17 of 17 residential locations in this census block. DSL: AT&T, up to 10 Mbps, at 15 of 17. Fixed wireless: Verizon, up to 25 Mbps, at 14 of 17.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590750023010, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.2 miles away (EVgo, 4 DC fast ports). 577 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
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Listed by Rick Applebaum of Morgan Skenderian
Listing information updated Apr 9, 2024 at 11:09 AM PT. Source: CRMLS.
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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.