About 809 S Townsend Street
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.
Features of 809 S Townsend Street
| MLS® # | PW26222660 |
|---|---|
| Price | $2,200,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Lot Size | 12,240 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Mid-Century Modern, Traditional |
| Status | Active |
| # Of Units | 10 |
Community Information
| Address | 809 S Townsend Street |
|---|---|
| Area | 69 - Santa Ana South of First |
| Subdivision | Other |
| City | Santa Ana |
| County | Orange |
| Zip Code | 92704 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 10 |
| Parking | Concrete, Garage |
| # of Garages | 10 |
| Garages | Concrete, Garage |
| View | Courtyard |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Electric Range, Gas Range, Water Heater |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Drywall, Frame, Stucco |
|---|---|
| Lot Description | Front Yard, Yard, ThirtyOneToThirtyFiveUnitsAcre |
| Windows | Double Pane Windows |
| Roof | Asphalt, Composition |
| Construction | Drywall, Frame, Stucco |
| Foundation | Slab |
Additional Information
| Date Listed | October 12th, 2026 |
|---|---|
| Days on Market | 1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Rick Applebaum |
|---|---|
| Office | Morgan Skenderian |