$2,200,000
Sold
406 W Washington Avenue sold on December 4, 2020 for $2,200,000. The details are below for reference.
406 W Washington Avenue, Santa Ana, CA 92706
- 5,200 sq ft
- Built 1949
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$2,200,000
The home
About 406 W Washington Avenue
*Great Location in the City of Santa Ana. The 10 Units Apartment Building is in An Excellent Rental Area with Low Vacancy Rates. Two-Story 10-Unit Apartment Building is Located in High Demand Rental Desirable Neighborhood in the City of Santa Ana (Next to City of Tustin ).
Building Inside Total 5,200 Sq. ft. New Paint on the Building. Newer Windows and All Units have been Fully Renovated. All One Bedroom with One Bath. Monthly Rent $1,350 with Individually Meters for Gas And Electricity. Annual Gross Income Approx. $162,000, Annual Expense $ 44,500 which includes Property Tax, Insurance , Gardener, Common Area Electricity , Water, Trash and Management Fee. Annual Net Operating Income Approx. $117,500. Cap Rate: 5.41 % with Current Property Tax Rate. Performa Annual Rental Income will be $173,400. Landlord Pays the Water/Trash/ Gas/ Gardener/ Property Tax /Insurance/ Management Fee . Separate On-Site None Operated Washer or Dryer. Currently No Additional Laundry Income. 10 Cars Garages Parking Spaces in Back of the Building. plus other parking spaces . Close to Freeway 5, Next to City of Tustin. Shopping Centers, Restaurants & Parks. Tenants with a "Month-To-Month" Lease Term Which Provides An Investor the Opportunity to Adjust the Rent in the future. Great investment opportunity For The Investor to Keep as a Long Term Investment. *Please Drive-By Only and DO NOT Enter the Building or Disturb Any Tenants*
Property details for 406 W Washington Avenue
This apartment sits in Santa Ana in Orange County. It has 5,200 square feet of living space. The home was built in 1949. The MLS record lists the assessor parcel number as 398-541-08. Highlights include a ten-car garage.
Specifications
Home Details
General Features
- Property Type
- Apartment
- MLS Number
- TR20180731
- Year Built
- 1949
- Lot Size (sq ft)
- 10,237
- Lot Size (acres)
- 0.235
- Levels
- Two
- Garage Spaces
- 10
- Parking Spaces
- 10
- Parcel Number
- 39854108
- On Market Date
- 2020-09-01
- Listing Terms
- Standard
Interior Features
- Laundry
- Laundry Room
- Common Walls
- No Common Walls
Exterior Features
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 10
Community Features
- Community Features
- Suburban
The record
Property History for 406 W Washington Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Dec 4, 2020 | Sold | $2,200,000 | |
| Nov 16, 2020 | Status changed to Pending | From Active | |
| Sep 1, 2020 | Listed for sale | $2,170,000 | |
| May 22, 2018 | Sold | $2,020,000 | Century 21 A Better Service |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 406 W Washington Avenue
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, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0163J 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, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: Spectrum, up to 1,000 Mbps, at 3 of 10 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 10 of 10. DSL: AT&T, up to 100 Mbps, at 7 of 10.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590750032005, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.3 miles away (ChargePoint, 1 DC fast port). 495 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 Sheng Wang of Century 21 Care
Listing information updated Apr 30, 2021 at 10:16 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.