Exceptional Investment Opportunity in Santa Ana’s Historic Wilshire Square. This fully occupied fourplex offers strong, stable cash flow with projected rental income of approximately $9,800 per month and a high cap rate that outperforms many comparable multifamily investments in the area. With separately metered utilities, owner expenses remain low while a reliable tenant base provides immediate income from day one—making this an ideal opportunity for both seasoned investors and those entering the multifamily market. The property features a well-balanced unit mix consisting of two spacious 2-bedroom/1-bath units and two efficient 1-bedroom/1-bath units. The recently remodeled downstairs 2-bedroom unit rents for $2,800 per month, while the upstairs 2-bedroom unit is currently being upgraded and projected to lease for $3,000 per month once complete. Both 1-bedroom units are leased at $2,000 per month each, with one unit featuring a newly updated kitchen. One unit is currently vacating, creating the opportunity to secure the new $3,000 lease and increase total monthly income from $9,300 to approximately $9,800. A shared on-site laundry room provides added convenience for tenants and potential additional revenue for ownership. Location is another key advantage. Positioned within the desirable and historic Wilshire Square neighborhood, the property offers convenient access to many of Santa Ana’s most recognized destinations including the Bowers Museum, Santa Ana Zoo, Santa Ana College, and Mater Dei High School. Residents also enjoy the vibrant cafés, restaurants, and cultural scene of Downtown Santa Ana and the Main Street corridor, all just minutes away. Easy access to the 5, 55, and 22 freeways enhances commuter convenience and supports consistently strong rental demand. Blending historic neighborhood charm with urban accessibility, this fourplex presents a compelling opportunity to secure a well-performing income property in one of Santa Ana’s steadily revitalizing areas. Drive by only — please do not disturb tenants.
Located in the desirable Chelsea Court community of Santa Ana, this well-maintained 2-bedroom, 2-bath condominium offers a functional layout featuring two spacious primary suites, ideal for flexible living or income potential. Cathedral ceilings create an open, airy feel throughout the main living areas, complemented by a roomy kitchen with ample storage and workspace. Enjoy the balcony off the rear bedroom providing indoor-outdoor versatility. The home includes dual stair entrances, an dettached garage and carport, in-unit washer and dryer, and AC unit. Community improvements include newer roof replacements, adding long-term value and peace of mind. Chelsea Court offers well-maintained grounds and convenient access to shopping, dining, and major freeways, making this an excellent opportunity for both owner-occupants and investors.
Amazing Income Producing Two-on-a-Lot Opportunity + Private Pool + Solar + Easy Freeway Access Nestled in the heart of Santa Ana’s highly sought after 92701 corridor, this rare two-on-a-lot property is a must-see gem for savvy investors or large families seeking flexible living space and strong income potential. Boasting a main residence, a bachelor apartment, and a permitted playroom, with a private pool and expansive outdoor space perfect for entertaining, relaxing, or supplemental rental income. Key Highlights: Fully rented and income producing, exceptional tenant demand in a central, commuter-friendly location. Private pool a standout amenity for tenant attraction or family enjoyment. Solar panels energy-efficient and cost-saving, adding both sustainability and buyer appeal. 6 dedicated parking spaces unmatched convenience in Santa Ana’s urban market. Easy access to the I-5 Freeway, making this a commuter-friendly hub for tenants and owners alike. Great for multi-generational living or effective portfolio addition combine owner use with income generation. Whether you’re an investor seeking a solid cash-flow asset or a homeowner wanting flexible living with built-in return, this versatile property delivers with potential for appreciation and turnkey stability in a central Orange County location.
Beautifully renovated duplex located in the heart of Santa Ana’s historic Heninger Park neighborhood. Situated on a desirable corner lot, this turnkey investment property offers charm, stability, and strong income potential in one of Santa Ana’s most established residential communities. Fully renovated in 2023 with permitted upgrades, the property features two single-story 1-bedroom, 1-bath units, thoughtfully designed side by side. Each unit offers approximately 648 square feet of well-appointed living space with modern finishes and functional layouts that appeal to today’s renters. Recent improvements include new water heaters, new dual-pane windows, energy-efficient mini-split A/C systems, fresh interior and exterior paint, tile flooring throughout, remodeled bathrooms, and beautifully upgraded modern kitchens. The renovations blend contemporary style with everyday comfort, creating a low-maintenance asset for years to come. The property is currently occupied by wonderful long-term tenants with rents at market value and upside potential for future increases, making this an excellent opportunity for both seasoned and first-time investors seeking stable cash flow. Additional features include a one-car garage space with an extended driveway for additional parking. The garage structure is shared with the neighboring property, offering practical functionality while maintaining separation between units. Ideally located within walking distance to restaurants, retail shops, and local schools, this duplex offers convenience and neighborhood charm in a prime central location. 604 S. Van Ness Avenue is a rare opportunity to own a fully renovated, income-producing property in a historic neighborhood known for its character and strong rental demand. A truly turnkey investment with great tenants already in place.
Motivated Seller - Welcome to your next lucrative real estate investment in Santa Ana. This well maintained property features 8 units, a mix of 1 and 2 bedrooms, all currently occupied by long term tenants. This property offers 2 level walk up courtyard design that offers 9 parking spaces and separate community laundry facility. Reasonably priced at $286,875 per door, this property promises both stability and potential for growth. Situated in a bustling location between and near the 55, 405 & 5 frwy, South Coast Plaza, Southern California beaches, UC Irvine, Chapman University, the neighborhood guarantees a high demand for rentals. Don't miss out on this chance to establish your your strong base and ownership in Southern California's thriving real estate market.
This well-maintained 18-unit apartment community presents a compelling value-add opportunity in the heart of a rapidly evolving urban core. The property features all one bedroom units and offers desirable amenities including private garages, secured access, a central landscaped courtyard, and on-site laundry, creating strong tenant appeal. Recent capital improvements include new roofs, replaced electrical panels, and full SB 721 compliance, significantly reducing near-term maintenance and risk. Offered at an exceptionally attractive $213,889 per unit, the asset delivers impressive fundamentals with approximately 30% rent upside, over 11% cash flow on market rents, and projected 25%+ equity growth upon stabilization. Situated blocks from Downtown Santa Ana and the vibrant 4th Street Market, residents enjoy walkable access to a thriving mix of dining, entertainment, nightlife, and cultural attractions, along with proximity to major employment centers and transit, making this an ideal location for tenants seeking both convenience and lifestyle.
Presenting 1917 West Myrtle Street, a six-unit multifamily investment opportunity located in the highly desirable Casa Bonita neighborhood of Santa Ana, California. The property consists entirely of spacious two-bedroom units and benefits from a comprehensive renovation program completed in 2021, positioning the asset as a low-maintenance acquisition with modernized infrastructure and interiors. The 2021 capital improvement program included full electrical upgrades with new main and sub-panels, along with new copper plumbing throughout the property. Unit interiors feature luxury vinyl plank flooring, renovated bathrooms with tub-to-ceiling tile surrounds, glass niches, vessel sinks, updated fixtures, and shower valves. Kitchens were upgraded with quartz countertops, barn-style sinks, cabinetry, garbage disposals, and a full appliance package. Additional improvements include windows, interior and security doors, upgraded hardware throughout, electronic garage motors with digital keypads, new perimeter fencing, and private patios for select ground-floor units. The property currently generates $140,400 in gross annual income ($11,700 per month), representing a strong 13.18 Gross Income Multiplier (GIM) with meaningful rental upside through rent re-positioning to market. With the majority of capital improvements already completed, investors are well-positioned to focus on revenue growth rather than future capital expenditures, making this an attractive light value-add opportunity. Ideally located less than 2.5 miles from Downtown Santa Ana and the 4th Street Market, 1917 West Myrtle Street offers tenants convenient access to major employment centers, retail, dining, and entertainment. Nearby amenities include Santa Ana College, MainPlace Mall, and the OC Streetcar line, while immediate access to the I-5 and CA-22 freeways provides strong regional connectivity throughout Orange and Los Angeles Coun¬ties. With modernized unit interiors, durable in-place income, and a clear path to income growth, 1917 West Myrtle Street presents investors with a compelling opportunity to acquire a well-maintained, post-renovation multifamily asset in one of Orange County’s most supply constrained rental submarkets.
1227 West Brook Street is an 11-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 11 two-bedroom one bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place operations. At the asking price, the property is offered at a 10.66 Gross Rent Multiplier and a 6.28% capitalization rate, providing an attractive basis with embedded upside through rental growth. Additional offerings within the Brook Street portfolio include 1235–1239 West Brook Street (12 units), 1207-1213 West Brook Street (18 units), and 1221 West Brook Street (11 units). These four properties are structured to close concurrently; however, they may be purchased individually or in any combination, offering investors flexibility in structuring acquisition size and capital deployment. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways, supporting long-term rental demand and investment stability
1239 West Brook Street is a 12-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 12 one-bedroom one bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place operations. At the asking price, the property is offered at an 10.93 Gross Rent Multiplier and a 5.25% capitalization rate, providing an attractive basis with embedded upside through rental growth. Additional offerings within the Brook Street portfolio include 1227 West Brook Street (11 units), 1207-1213 West Brook Street (18 units), and 1221 West Brook Street (11 units). These four properties are structured to close concurrently; however, they may be purchased individually or in any combination, offering investors flexibility in structuring acquisition size and capital deployment. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways, supporting long-term rental demand and investment stability
1221 West Brook Street is an 11-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 10 two-bedroom one bath and 1 two-bedroom two bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place operations. At the asking price, the property is offered at a 10.59 Gross Rent Multiplier and a 6.35% capitalization rate, providing an attractive basis with embedded upside through rental growth. Additional offerings within the Brook Street portfolio include 1235–1239 West Brook Street (12 units), 1207-1213 West Brook Street (18 units), and 1227 West Brook Street (11 units). These four properties are structured to close concurrently; however, they may be purchased individually or in any combination, offering investors flexibility in structuring acquisition size and capital deployment. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways, supporting long-term rental demand and investment stability.
Rare ROI opportunity in Santa Ana's Wilshire Square—this fully occupied fourplex is delivering exceptional returns with a projected $9,800/month in rental income and a high cap rate that outperforms the market. With separately metered utilities keeping owner expenses minimal and a proven tenant base already in place, this property offers immediate cash flow from day one. Whether you're scaling your multifamily portfolio or making your first investment move, this is the kind of deal that checks every box: strong numbers, solid location, and real upside as Santa Ana continues its revitalization. One unit is currently vacating, opening the door to the new $3,000/month lease that pushes total income from $9,300 to $9,800. This prime 4-unit building features a smart unit mix—two spacious 2-bedroom/1-bath units and two efficient 1-bedroom/1-bath units. The recently remodeled downstairs 2BR is renting for $2,800/month, the upstairs 2BR is being upgraded and will lease at $3,000/month, and both 1BR units (one with a newly updated kitchen) are leased at $2,000/month each. That's $9,800 in stable monthly income. A shared on-site laundry room adds tenant convenience and potential for additional revenue. Location drives value, and this property delivers. Situated in the desirable historic Wilshire Square neighborhood, you're minutes from the Bowers Museum, Santa Ana Zoo, Santa Ana College, and Mater Dei High School, with the cafés, dining, and energy of Main Street and Downtown Santa Ana nearby. Freeway access to the 5, 55, and 22 makes commuting easy, which keeps vacancy low and demand high. This fourplex blends neighborhood character with urban accessibility—exactly what today's renters want and investors need. Drive by only—please do not disturb tenants!
GREAT INVESTMENT OPPORTUNITY TO OWN THIS GREAT SIDE-BY-SIDE DUPLEX ON A 6,098 SQFT. LOT WITH LONG-TERM TENANTS IN PLACE! THE PROPERTY HAS BEEN MODERATELY UPGRADED IN THE PAST YEARS AND A NEW ROOF IS BEING REPLACED. TENANTS IN BOTH UNITS ARE MAKING RENT PAYMENT VIA DIRECT DEPOSIT TO THE OWNER’S ACCOUNTS. EACH UNIT FEATURES 2 BEDROOMS AND 1 BATHROOM, PROVIDES A COMFORTABLE LIVING SPACE AND FUNCTIONAL KITCHEN AND BATHROOM WITH SEPARATE ENTRANCE AND UTILITIES EXCEPT WATER. LOCATED IN A DESIRABLE AREA WITH EASY ACCESS TO AMENITIES AND TRANSPORT, THIS DUPLEX REPRESENTS EXCELLENT VALUE FOR A SAVVY BUYER.
1207–1213 West Brook Street is an 18-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 14 one-bedroom units, two two-bedroom/one-bath units, and two two-bedroom/two-bath units. Apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place operations. At the asking price, the property is offered at an 11.24 Gross Rent Multiplier and a 5.65% capitalization rate, providing an attractive basis with embedded upside through rental growth. Additional offerings within the Brook Street portfolio include 1235–1239 West Brook Street (12 units), 1221 West Brook Street (11 units), and 1227 West Brook Street (11 units). These four properties are structured to close concurrently; however, they may be purchased individually or in any combination, offering investors flexibility in structuring acquisition size and capital deployment. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways, supporting long-term rental demand and investment stability
Nice Duplex in Santa Ana. Each has two bedrooms and 1 bath. Potential to build an ADU. Large and spacious driveway long enough to fit up to 6 cars. Each unit has a living room, bathrooms, kitchen and two bedrooms. Located in a good area close to schools, grocery stores, restaurants and retail stores. Each unit 512 sf. Sold AS-IS.
HUGE IMMEDIATE UPSIDE! 2 APARTMENTS WILL VACATE ON OR BEFORE APRIL 5TH. 2606 South Rosewood Avenue is well a maintained 4-plex located less than 1 mile from South Coast Plaza. The two story structure is 3,500 square feet and sits atop a 6,098 square foot lot. All apartments feature two bedrooms with one bathroom with spacious living areas. Two apartments have been extensively renovated (kitchens, bathrooms, flooring, fixtures, etc) while the remaining two have had partial rehabs. All bathrooms have been renovated with new paint, flooring, baseboards and tile shower surrounds. Additionally, all units feature forced air heating, electric cooking, dishwashers, and individual hot water heaters. The subject property is also within walking distance from Coastal Communities Hospital, Carl Thornton Park, and the Segerstrom Center for the Arts. 2606 S. Rosewood will be a coveted rental neighborhood for years to come as residents are able to walk to shopping, education, hospitals, and employment opportunities.
Susan Street apartments boasts an amazing single story unit mix of 3-bedroom & 4 bedroom units. An attractive configuration that drives strong tenant demand and long-term stability. Situated on a large ±28,000 square foot lot, the property is predominantly single-story, with select units located above garages. The units come with dedicated garage parking, a highly sought-after amenity that supports tenant retention and rental premiums. There is also ample open space parking. The year built ranges from 1945-1972. The property is subject to Santa Ana rent control. All property information, including but not limited to square footage, lot size, year built, unit sizes, and unit mix, is deemed reliable but not guaranteed. Buyer shall independently verify all information.
Are you looking for a great investment? Look no further! This well-maintained duplex sits on a beautiful corner lot and offers exceptional potential. Located in a very nice, quiet neighborhood with high rental demand, the property is in the heart of Little Saigon—just minutes from Vietnam Town, supermarkets, schools, and hospitals. The front unit features 2 bedrooms, 1 bathroom, and a 2-car garage. The rear unit offers 3 bedrooms and 3 bathrooms and has been recently renovated with new carpet and fresh paint. The property also includes three driveways with parking for up to six vehicles, a rare and valuable feature. This is an excellent opportunity for investors or owner-occupants seeking strong rental income in a prime location.
JUST REDUCED: NEW VACANCY FOR RENT $2100. The Washington Apartments is a 14-unit apartment community located in the heart of Santa Ana. Built in 1983 and situated just north of the historic Downtown District, the property offers investors a high–cash-flow opportunity with significant upside potential. The property is attractively priced at a strong 5.9% cap rate based on current income, with local market rents supporting an estimated 8.9% pro forma cap rate. The Washington Apartments features spacious studio units, each exceeding 700 square feet. Residents currently pay RUBS, contributing to efficient, low-expense operations. The property also provides multiple on-site common-area laundry machines for resident convenience, as well as 14 gated garage parking spaces located on the first floor.
Exceptional 5-unit multifamily opportunity in Santa Ana 92706! This property features a 4-plex plus a new ADU built in 2023, offering a total of five units, all fully updated throughout. Renovations include new flooring, remodeled kitchens and bathrooms, along with updated plumbing and electrical systems. A new roof and new double-paned windows add long-term durability and paid/owned solar installed on ADU for energy efficiency. Each unit is equipped with its own private laundry, a highly desirable feature for tenants and investors alike. Located in a well-established neighborhood close to shopping, dining, schools, and major commuter routes, this property offers strong rental appeal and long-term investment potential. Do not disturb occupants. Drive-by only. Buyer to verify all information including permits, unit count, square footage, and property details to their satisfaction.
The property is located in a highly desirable SouthCoast Metro of Santa Ana. Almost completely remodeled building with a very good mix of 1 3 bedroom 2 baths unit in the front, the other 3 units are 2 bedrooms and 2 baths each. Newer windows and doors, all new kitchens and bathrooms throughout. Each unit has been retrofitted with its own washer and dryer hookups.. 5 car garages in the back alley. All newer HVAC systems
A very nice duplex with many recent upgrades, newer kitchen and bath, newer flooring, newer windows and doors. Addresses are 2202 and 204 Bristol . It sits across from famous Floral Park neighborhood of Santa Ana. One unit is 2 bedrooms and 2 baths, the other is 2 bedrooms and 1 bath, both have fireplaces. Each unit has 1 single car garage with direct access into unit. Each garage has driveway to boost. Please check out floorplan in the media.
902 E 17th Street comprises of 18 units situated on a well-maintained 11,547 square feet lot of land. The property's cross streets are Lincoln Avenue and Fairmont Street. 902 E 17th Street sits adjacent to the I-5 Freeway and is within a two-mile radius to Downtown Santa Ana. The property offers convenient access to grocery stores, pharmacies, restaurants, and plenty of specialty retail. The property features mature landscaping with courtyard, gated entry, on-site tuck-under and surface vehicle parking. The units feature kitchens fully equipped with appliances, wall-to-wall carpet and wall air conditioning and heating.
Two Homes on One Lot – A Rare Income Opportunity Discover an exceptional investment and lifestyle opportunity with this beautifully updated duplex offering two spacious homes on one lot. Whether you're looking to live in one and lease the other, create multi-generational living, or maximize rental income, this property delivers versatility, comfort, and convenience. The front residence at 726 Euclid spans approximately 1,139 sq ft and features a 2-bedroom, 2-bath layout complemented by a generous family room—perfect as a potential 3rd bedroom, entertainment room, or flex space. The back residence at 728 Euclid offers approximately 1,200 sq ft with a 3-bedroom, 2-bath configuration plus an additional office that can easily function as a 4th bedroom. Both homes have been tastefully updated with luxury vinyl flooring, quartz countertops, newer windows, modern doors and HVAC, providing a polished look throughout. Each unit is also equipped with its own 2-car garage, adding valuable storage and secure parking. Ideally located just minutes from the vibrant heart of Little Saigon, this property offers unmatched access to dining, shopping, cultural centers, and major freeways. A fantastic chance to enjoy strong rental potential, flexible living arrangements, and turnkey upgrades—this is an income property you won’t want to miss.
Santa Ana is located in California. Santa Ana, California has a population of 313,818. Santa Ana is more family-centric than the surrounding county with 37.94% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Santa Ana, California is $77,283. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Santa Ana is 33 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 46.8 degrees. The average rainfall is approximately 13 inches per year, with 0 inches of snow per year.
