This value add community is located between the highly desirable French Park & Floral Park neighborhood. This property is minutes away from an Elementary School, Santa Ana College, Shopping/retail, Restaurants/Dining, and the 5 freeway. This property is also in close proximity to the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community consists mostly of one bedroom floor plans & studio units and individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has an on site laundry room and plenty of parking space (garages & covered gated parking) for the tenants. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
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.
Huge price drop! Bring your offers! Property Generates $4400 a month! 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 onebedroom 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 $204,167 per unit, the asset delivers impressive fundamentals with approximately ±27% rent upside, ±13% cash flow on market rents, and projected ±30% 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.
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.
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
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.
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.
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.
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.
The Flower Street Apartments is 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.
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!
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.
