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Triplex with Separate Rear Building
New
For Sale
$875,000

421 E Walnut, Santa Ana, CA 92701

Santa Ana, CA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market3

Property Features for 421 E Walnut

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 2, Laundry Room
Subdivision Other (OTHR)
Lot features Corner Lot, Front Yard
Directions 1st & Oak
Standard status Active
APN 39849303
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1905
Floors in Building 1
Number of units 3
Listing Agency: First Team Real Estate
Listed By: Chris Skawinski · License #01309752
Added: Sep 27 Last Checked: Sep 29 at 1:06AM
MLS# NP26210663

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property includes a front house built in 1905 and a separate rear building on a 0.1607-acre lot. The front residence has two bedrooms and two bathrooms. The rear building is currently arranged as a two-bedroom, two-bathroom residence with one kitchen; it was originally configured as two one-bedroom, one-bathroom units. The described changes were made without permits, so unit count, zoning, square footage, and permit status require verification with the appropriate county and city offices.

The property is in Santa Ana, near downtown, with dining, arts, transit, schools, and major freeways described as minutes away. Public water and sewer serve the site.

Key Highlights

  • 0.1607‑acre lot
  • Front house built in 1905
  • Separate rear building

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Tech Support Center Veterinary Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,641
Businesses Nearby

Demographics for 92701, CA

48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Two buildings offer a front house and a separately situated rear residence.
Where is this triplex located?
The property is located at 421 E Walnut Santa Ana, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 0.1607‑acre lot; Front house built in 1905; Separate rear building
More about this property
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