Seize this remarkable opportunity to own a Covington-style fourplex that promises both comfort and strong investment potential. Each unit is thoughtfully designed to maximize space and livability. The front unit is a spacious three-bedroom, two-bathroom residence, featuring a welcoming layout and a private back patio, perfect for outdoor relaxation or entertaining guests. Located directly behind it, the downstairs unit offers two well-sized bedrooms and two bathrooms, along with a generous patio area that provides ample outdoor space. On the upper level, you’ll discover two additional units: one offering two bedrooms and two bathrooms, ideal for small families or professionals seeking extra space. The other is a cozy one-bedroom, one-bathroom unit that can serve as a comfortable retreat or an excellent rental option. Both upstairs units come with their own patio decks, providing lovely outdoor views and a perfect spot to enjoy a morning coffee or unwind after a long day. This property boasts a prime location, conveniently situated close to freeway access for easy commuting, along with a variety of shopping options and diverse dining establishments just a short drive away. With its combination of spacious living, desirable features, and strategic location, this fourplex stands out as an outstanding investment opportunity. Don’t wait—make it yours today!
Presenting 1401 S. Standard Avenue, a turnkey, high-cash-flow nine-unit multifamily asset located in Santa Ana’s desirable Cornerstone Village neighborhood. The property features a balanced mix of upgraded one-, two-, and three-bedroom floor plans designed for tenant appeal and long-term stability. Community amenities include gated access, a shared courtyard, on-site laundry, and individual parking. Current ownership has invested approximately $350,000 in renovations, including new roof, windows, electrical subpanels, sub breakers, and seven fully remodeled units with new cabinets, quartz counters, LVP flooring, tile, and modern finishes. These improvements significantly reduce maintenance while enhancing durability and operational efficiency. The property generates $285,000 in annual gross income ($23,750 per month), reflecting a strong 11.40 GIM, with minimal management intensity and reliable cash flow in one of Orange County’s most consistently high-demand rental markets. Located less than two miles from Downtown Santa Ana and 4th Street Market, the property offers exceptional access to major employment, education, and lifestyle destinations. Residents benefit from proximity to South Coast Plaza, the Santa Ana Zoo, and the new OC Streetcar, along with quick connectivity via the I-5 and CA-55 freeways. 1401 S. Standard Avenue offers investors a stabilized, turnkey asset with immediate income and long-term appreciation potential in a resilient central Santa Ana corridor.
Great opportunity to own a well-maintained 4-plex. The property consists of 1 3-bedroom 2 bath unit, 2 2-bedroom 2 bath units and a spacious 1-bedroom 1 bath unit. The 3-bedroom unit was just vacated, and the seller used the opportunity to fully refresh the space with a new kitchen, updated bathrooms, mirrored wardrobe closets, a new sliding door, and new flooring throughout thus positioning a new owner to maximize the unit’s rental potential. Other recent improvements include new dual pane vinyl windows throughout and the recently painted exterior. PLEASE DO NOT DISTURB TENANTS. UNITS TO BE TOURED WITH ACCEPTED OFFER.
Introducing 500 E 15th St, a well-maintained triplex in the heart of Santa Ana offering strong current income and excellent upside potential. Situated on a 7,405 SF R3 lot, this 1,826 SF multifamily property features three spacious one-bedroom units and approved ADU plans ready to build. A perfect opportunity for investors seeking both stability and future growth. The current unit mix includes one (1) 1-bedroom, 1.5-bath unit (approx. 826 SF) and two (2) 1-bedroom, 1-bath units (approx. 500 SF each). Each residence offers functional layouts with natural light and private access. The property benefits from its prime location near Downtown Santa Ana, schools, and major freeways, offering consistent tenant demand and strong rental fundamentals. With ADU plans approved by the City of Santa Ana for a 515 SF 1-bedroom, 1-bath garage conversion, investors can immediately unlock additional rental income potential. The R3 zoning allows for future development flexibility, while the existing structure provides reliable cash flow today. Located within the Santa Ana Unified School District, this property is ideal for both value-add investors and 1031 exchange buyers looking to grow their Orange County portfolio. This is a rare opportunity to acquire a turnkey triplex with city-approved ADU expansion potential in one of Orange County’s most centrally located rental markets.
Welcome to 101 S Birch Street, a beautifully maintained multi-unit property featuring three spacious units with a total of 8 bedrooms and 4 bathrooms. Conveniently located near downtown Santa Ana, this investment gem offers excellent access to shopping, schools, restaurants, and major freeways (I-5 & 55). Each unit enjoys functional layouts, and the classic architectural charm. Whether you’re looking to expand your portfolio or secure a long-term hold in a rapidly growing area, this property presents an ideal blend of stability and potential.
We are pleased to present the Great Cashflow of Santa Ana Village 3625 - 3627 W 11th Street Apartments, available for the first time in nearly 40 years. All of the 7 units are townhome style, each unit offers 5 bedrooms, 3 bathrooms, approximately 1,900 living SQFT, private balcony, 2 car garage with direct access, laundry is inside the garage, individual electric and gas meters. The property has 2 buildings, the 3625 Building has 4 units and 3627 Building has 3 units. All of the units have been renovated, this well maintained property sits on the big lot size 22,651 SQFT features of 2 car garage with direct access for each unit, driveway and open parking spaces, providing residents with privacy and comfort. Convenient location, walking distance to supermarkets, restaurants, churches, near Santa Ana College & minutes to Disneyland. Santa Ana Village represents a great investment opportunity for investors who want a turnkey, pride of ownership property, great cash flow with current actual income $337,836
Discover the opportunity to step into a fully renovated, turnkey 5-unit apartment building designed for passive income. Each spacious 1-bedroom, 1-bath unit offers 633 sq ft of comfortable living space, outfitted with brand-new ranges, refrigerators, washer/dryers, blinds, and mini-splits for optimal comfort. The property features a modern concrete parking area with three single-car garages and six additional parking spaces. Plus, inquire about assuming the seller’s attractive 5.75% loan. This is a rare chance to acquire a well-maintained, income-generating asset ready for immediate rent collection. Don’t miss out on this prime investment opportunity.
Welcome to 308 Laurel Apartments, a 4-unit multifamily investment property nestled in the highly desirable neighborhood of Santa Ana. Brand New Construction UNIT 1: What sets this property apart is the addition of a brand-new ADU completed in 2024; offering 2 bed/2 bath 800 SF With an open floor plan, central A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting, and washer & dryer hookups. Fully Remodeled UNITS 2-4: 3 units; each offering 2 bed/1 bath, 868 SF each. These units have been fully remodeled in 2023, modern design elements and loaded with all-new upgrades. There are 3 units with 1-car garage, and 4 driveway parking spots providing convenience for residents. Featuring in-unit washer and dryer hookups, A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting. All tenants pay for their own utilities; with gas and electricity having individual meters, ensuring hassle-free maintenance and management. Perfect 1031-exchange opportunity, a homeowner looking for additional rental income, or investors.
Rare Opportunity...First Time Available In Nearly 40 Years!!! Two SFR Homes On One Lot - Both Homes Currently Leased (Month-To Month Rental Agreements). Unit #1 - 926 Pine Street Is A 658 sq/ft 3 Bed / 1 Bath Home w/ Dethatched 1 Car Oversized Garage + Separate Storage Area - Picket Fence Gated Lush Front Yard w/ Multiple Mature Producing Fruit Trees. Unit #2 - 308 Minnie Street Is A 970 sq/ft 3 Bed / 1 Bath + Den/Office Space (Could Be Bedroom 4) w/ Large Gated Parking Area To Accommodate 3+ Vehicles. Both Homes Have Recent Updates Including Electrical / Plumbing / Windows / Paint / Flooring / Kitchens / Baths...Great Turnkey Opportunity!!! This Property Has Commercial / Apartment Zoning With Multiple Future Use Potentials. Conveniently Close To Everything Location...Walk To Highly Ranked Santa Ana Schools, Nearby Public Transportation, Freeways, Shopping & Entertainment + Too Much More To List. Put These HOMES At The TOP Of You TO SEE LIST...You Will Not Be Disappointed!!!
PRICE REDUCED $75,000 — NOW OFFERED AT $1,150,000 Seller will consider all offers. First time on the market in over 25 years, this well-maintained four-unit apartment building in Santa Ana offers long-term ownership stability in a location where four-unit inventory is limited. Each unit features 2 bedrooms and 1 bath (per seller approx. 700 sq. ft., buyer to verify). The property includes five covered carport spaces and an on-site coin-operated laundry providing additional income. All units are occupied on month-to-month leases and have been consistently maintained over decades, reflecting true pride of ownership.
1003 West Bishop Street is a 23+1 unit multifamily investment opportunity located in the city of Santa Ana, California. The property encompasses an approximately 15,873 square foot building situated on a 0.56-acre lot. 1003 West Bishop Street is comprised of a desirable unit mix of four two-bedroom units and twenty one-bedroom unit, one of which is non conforming. Many units have been tastefully upgraded with modern finishes including vinyl plank flooring, shaker-style cabinetry, and granite countertops, providing investors with a stable asset that already benefits from interior improvements and continued rental appeal. Originally constructed in 1965, 1003 West Bishop Street features amenities designed to attract and retain tenants, including tuck-under parking, an on-site laundry facility, and a spacious outdoor common area equipped for BBQs and gatherings. These features enhance resident satisfaction and contribute to long-term tenancy. Strategically positioned in Santa Ana, the property benefits from strong rental demand, driven by the city’s role as the county seat of Orange County and its proximity to key employment, education, and cultural hubs. Residents enjoy convenient access to major freeways (I-5, SR-55, and SR-22), local retail centers, and entertainment destinations, as well as being within commuting distance to regional job centers in Irvine, Costa Mesa, and Anaheim. For investors, 1003 West Bishop Street presents the opportunity to acquire a well-located, mid-sized multifamily property with an attractive unit mix, recent renovations, and reliable tenant demand in a supply-constrained Orange County market.
SB721 Retrofitted building. The Minnie Avenue Apartments is a well-maintained ten-unit property located in the highly desirable rental market of Santa Ana, one of Southern California’s strongest multifamily markets. The building features a unit mix of eight one-bedroom/one-bath units and two two-bedroom/one-bath units, totaling approximately 6,648 square feet. Property amenities include gated entry, ample on-site parking, and a convenient on-site laundry facility. This asset represents a stable, turnkey investment opportunity in a strong rental market, offering investors the potential for reliable cash flow, long-term appreciation, and solid overall returns. This property Just went through modification to comply with SB721 Balcony Law. It is in compliance with SB721. The existing owner replaced the main sewer line, and the new owner will enjoy an easy to manage property.
Great opportunity for long term income. TENANTS PAY WATER, ELECTRICITY, and GAS. These all be effective by Jan 1st, 2026. Unit #4 Will be total remodeled with modern style. This single building structure four-plex offers 2 units up and 2 units down, all unites are identical structure. Each unit comes with 2-Bedroom, 1-Bathroom. Property has new roof, new waterproof decking, new paint. Enclosed garage with 4 parking spaces. Easy access to 55 and 5.
We are pleased to present the Pine Apartments consisting of 14 Units (with patios & balconies) in a high demand rental area of Santa Ana. This property is individually metered for Electric (tenants responsibility) and has NO GAS. The roof is approximately 10 years old with ample parking - plenty of carports and street parking available. Property has an on-site laundry room that is owned and has copper plumbing. Majority of the units have been upgraded. NEW IN 2025: Stucco, Paint, Windows, and Landscaping! This is a great investment opportunity for the passive investor who wants a turnkey, pride of ownership property with great cash flow! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
Nice 3-plex in great condition, well taken care of complex. The front house is a freestanding 1500 sqft 3 bed 2 bath home with a front and back yard. At the back of the lot there are two bed, one bath up and down apartments. There are long time tenants occupying now. Units are very easy to the rent, the rents are low and there is an opportunity to increase. It's separately metered for gas and electric. Close to schools, shopping, ZOO, public transportation and other amenities.
The Chestnut Apartments is a turnkey, 12-unit apartment building located in the heart of Santa Ana. Built in 1983 and just minutes away from the historic Downtown District, this property represents one of the most attractive multifamily investment opportunities in the county. It boasts a compelling 6.2% CAP Rate based on current rental income. Further enhancing the investment potential, buyers have the option to assume the existing financing, which requires only a 30% down payment and features a below-market fixed interest rate that remains in effect through November 2029. This advantageous financing presents a rare opportunity to take advantage of positive leverage, dramatically increasing the cash-on-cash return. The Chestnut Apartments redefines urban living with spacious studio apartment, each generously proportioned to function as complete one-bedroom units. Enhancing the living experience, every unit is equipped with its own washer and dryer, offering tenants the convenience of in-home laundry facilities. Recent extensive interior renovations elevate the property to new heights, featuring luxurious materials, contemporary kitchens, stainless steel appliances, vinyl/plank flooring, upgraded bathrooms, and a range of other enhancements. The exterior of the property has undergone a fresh transformation with new paint and state-of-theart exterior lighting, adding to the overall appeal. Previously, ownership had received full approval for the addition of three Accessory Dwelling Units (ADUs). These ADU's, once constructed, add a projected 29.7% increase in gross income.
We are pleased to present Flower Street Apartments comprised of a 20 unit gated apartment complex located in the heart of Santa Ana. All of the units have been COMPLETELY renovated with approximately $500,000 spent over the last 5 years in both the interiors and exterior. The property is individually metered for both gas & electric and has their own water heater. Each unit has a large patio/balcony for the tenants to enjoy. The renovated units include new kitchens with quartz countertops, stainless steel appliances, new bathrooms/showers with new vanities, tile shower walls, high-efficiency toilets, LED recessed lighting and new windows. The exterior renovations include paint, new staircases and decking, security camera system, exterior lighting and new landscaping. The building is also equipped with a fire sprinkler system throughout. There is also a laundry room with owned equipment that generates additional monthly cashflow. Although existing rents are strong, there is still rental upside with the opportunity for a new investor to raise rents for even better cash flow. This is a great investment opportunity for the passive investor who wants a turnkey, pride of ownership property with great cash flow! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.
Property to be delivered vacant by close of escrow. Beautifully Remodeled Home with a Separate ADU. Rent one and Live in the other. The Main Home has 3 bedrooms, 1 bathroom, and 1148 sq ft living space. Step inside to a turn-key unit with a large open living room to the kitchen area. This open floor plan features the living room, dining, and kitchen all together in one cohesive space. This unit offers brand new luxury vinyl flooring, brand-new paint, and recessed lights throughout. The kitchen is fully modern with white cabinetry, quartz countertops, and stainless-steel appliances. The bedrooms have ample closet space. The bathroom is luxuriously upgraded with large format tile detailed walls, LED light-up mirror, brand new vanity, and shower. Other great features include recessed windows. ADU has 1 bedroom 2 bath with an office that you can put up a wall and make it another room. The back of the lot has a 2-car garage.
2 Unit Property Great For Investors. Front unit 2 beds 1 Bath and Rent $2100/mo. Back Unit 3 beds 2 baths rent $2350/mo. This is a Great investment with Positive Cash Flow. Property is being Sold AS-IS. Tenants pay Electric, Gas, & Water. Offer Subject to Interior Inspection.
GREAT OPPORTUNITY!! This property could be for investors or owner occupied who wish to live in the primary house and rent the back unit for supplemental income. Each home has separate gas, and electrical meters. The front house has three bedrooms and one bath and a separated 2 car garage. The back Unit has one bedroom and one bath, living room and kitchen area. This duplex is in a zone R3. Do not miss it!
Looking for a well-priced Duplex! Look no further! This duplex is in a prime location and needs some TLC. Each unit is a 2 bedroom 1 bath unit, both with long term tenants. Plenty of room for improvements.
A single house with many rooms already built by the owners. The house is located near the shopping center where the owner could walk to Hue Quang Temple, near Freeway 22, 5 minutes driving to Santa Ana Community College, and 2 minutes to Thanh Long supermarket. Great income property for sale now, a good place to live or to invest in near the Little Saigon community.
Great cashflow! Current actual income is $430,366.36. Current actual CAP Rate is 6.7%. Market rent is $508,8000. Market CAP Rate is 8.24%. 20 high demand rental units located in the heart of Orange County. Separate APN numbers so buyer does not need on-site manager. Amenities include a spacious and quiet central courtyard, security doors, 2 on-site laundry rooms, and ample surface parking. Minnie Street is located just south of Santa Ana’s Downtown and is within the Pacific Park neighborhood. The property is within 1 mile of the bustling retail corridor of Downtown Santa Ana which provides residents with convenient access to a plethora of retail, dining, and entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School. Convenient excess to I-5 freeway. Separate electric meters paid by tenants. The landlord pays for water, trash, gas, and sewer. 8-2 bedrooms and 12-1 bedroom. The rent is below market bringing upside opportunity to increase rents by new buyer.
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.
