About this home

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.

Facts and features

Schools

• Monte Vista Elementary School

  elementary · K-5 · 0.1 mi

  5

• Valley High School

  high · 9-12 · 1.0 mi

  4

• Lydia Romero-Cruz Elementary School

  elementary · K-8 · 1.1 mi

  2

• Sunflower Preschool & Kindergarten

  elementary · K-1 · 0.6 mi

• Lorin Griset Academy

  high · 9-12 · 0.1 mi

  2

• Abraham Lincoln Elementary School

  elementary · K-5 · 0.5 mi

  4

Price history

• Oct 14, 2026 · Listed$2,200,000
• Jun 14, 2016 · Sold$1,650,000
• Feb 2, 2016 · Listed$1,695,000
• Jun 30, 2014 · Sold$1,430,000
• Aug 1, 2007 · Sold$1,240,000
• Mar 16, 2006 · Sold$1,200,000
• Apr 30, 2003 · Sold$1,650,000
• Mar 16, 1989 · Sold$535,000

Tax history

• 2025$24,616 tax · $1,992,329 assessed
• 2024$23,968 tax · $1,953,264 assessed
• 2023$23,366 tax · $1,877,417 assessed
• 2022$23,104 tax · $1,840,605 assessed
• 2021$22,575 tax · $1,804,515 assessed
• 2020$22,609 tax · $1,786,012 assessed
• 2019$22,183 tax · $1,750,993 assessed
• 2018$21,358 tax · $1,716,660 assessed

Home value

$970,000

• Collateral Analytics$970,000

Where it is