Step into this just completed (built 2024) modern fourplex nestled in the heart of Santa Ana. This property features four thoughtfully designed units with all the modern amenities you'd expect. The first unit is spacious with four bedrooms, three and half baths, 2 car garage and two stories, perfect for a larger household. The second unit offers two bedrooms, one baths, and the convenience of a one-car garage. Meanwhile, the remaining two units are cozy two-bedroom, one-bath layouts ideal for smaller families or tenants. Every unit comes equipped with in-unit laundry, sleek and stylish kitchens and bathrooms, and the added bonus of solar panels for energy efficiency. With all -new fixtures and finishes, this property is ready to welcome new owners. Don't miss out on this fresh opportunity to own or rent a turnkey investment in a prime location.
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.
Discover a prime investment opportunity at 1008–1010 W. 3rd Street, a well-maintained side-by-side duplex ideally located near downtown Santa Ana. Each unit features 2 bedrooms, 1 bathroom, and a detached single-car garage. The property is currently leased to long-term tenants on month-to-month agreements, generating $3,495/month in rent with market potential of approximately $4,000/month. The seller prefers to sell with tenants in place. This turnkey property offers immediate cash flow and long-term upside in a growing rental market. Please do not disturb tenants—showings available for qualified buyers only.
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.
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.
Great opportunity for long term income. TENANTS PAY TRASH, 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.
Pleased to present this fully renovated, 12-unit multifamily property located in the heart of Santa Ana, The offering presents a compelling investment opportunity with strong in-place cash flow and significant future upside. Built in 1971, the building consists entirely of spacious two-bedroom, one-bathroom units, each thoughtfully upgraded to meet modern tenant expectations. All interiors have been completely renovated, featuring in-unit washers and dryers, ceiling fans, and private patios or balconies. Residents also benefit from the convenience of onsite laundry facilities and the added security of controlled, secured entry. These highdemand amenities support tenant retention and enhance the property's competitive position in the local rental market. Currently operating at a 7.0% CAP rate on actual rents, this property offers the rare advantage of assumable fixed-rate financing at 4.2%, providing an excellent opportunity for stabilized leverage in today’s interest rate environment. Ownership is in the process of obtaining full approval for the addition of three Accessory Dwelling Units (ADUs). These ADU's, once constructed, add a projected 25.5% increase in gross income.
TWO HOUSES AND ONE EXTRA GRADED LOT ---- ALL FOR ONE PRICE!!!! First time on the market in many years, this lot features TWO homes that have been completely remodeled PLUS a graded flat lot that has potential for an ADU and/or Jr ADU or storage or pool with ADU??? It could even be an income storage area or large garage or entertainment area! Currently, we offer nearly 1800 square foot of living space in two homes with a total of five bedrooms and two bathrooms. The property features two separate living spaces - #215 N McClay features 3 bedrooms and 1 bathroom and #217 features 2 bedrooms and 1 bathroom. There's an attached garage and fenced yard on #215 and #217 has a gated entry plus huge yard with pergola and tree swing and fruit trees!! The entire property has been recently remodeled with new floors, cabinets, and countertops throughout, upgraded bathrooms as well. The open lot is a single, large graded parcel that is gated as well. There is a front gate to all properties! Close to freeway access and downtown amenities (residential income MLS #OC125129204)
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.
If you're looking for a great, solid investment in rental property, this is just what you're looking for! A great opportunity also exists in the ASSUMABLE LOAN AT THE GREAT LOW RATE OF 3.73%!! In a prime location just steps from the Santa Ana Civic Center, the Orange County Superior Court, and the reknowned Orange County School of Performing Arts, the location is also just minutes from Santa Ana College, the Bristol Marketplace shopping center and numerous other locales for shopping, dining and services. There's also easy access to public transporation. This 3 level building was built in 1987 and features an electronically controlled, gated parking garage on the 1st level and a total of 10 - 1 bedroom, 1 bath units on the next 2 levels. The units have a spacious great room with a large living and dining area and a convenient kitchen. The bedroom is at the rear with access to the large private balcony and the full bath. The units have newer windows and sliding glass doors, AC units and individual gas water heaters. Gas and electric are individually metered and the owner provides water, trash and sewer. Tenants are responsible for paying for their own cable TV and/or internet.. There is a community laundry room with leased equipment that the leasor maintains and a small garden area in front. With all that this property and location has to offer, including job opportunities, it's easy to see why it stays fully occupied and the turnover rate is low. You'll have the peace of mind of knowing that you have a steady income stream. Owning a single family home or duplex as a rental has the disadvantage of having greatly reduced or no income in the event of a unit turnover. With 10 units, you have offsetting income in the event of turnovers, which don't happen frequently. Add to your portfolio or dive into rental income property investments with this terrific 10 unit complex. What a great opportunity!!
3 Unit Property Great For Investors. 2 Front units are both 2 beds 1 Bath with 1 Car Garage space. Back Unit is a Detached 1 bedroom 1 bath. This is a Great investment with Positive Cash Flow. Property needs some TLC. Property is being Sold AS-IS. Address for units are 435 / 437 / 437-1/2. Offer subject to Interior Inspection.
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.
VALUE ADD OPPORTUNITY! ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! SUBMIT ALL OFFERS!! We are pleased to offer for sale this well-located gated property in the highly desirable Prime Historic French Park area. This property is also close to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This gated community is located minutes to Downtown Santa Ana, the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community is individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! SUBMIT ALL OFFERS!!
VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!! ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! We are pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This property is located just minutes away from the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1978 construction community is individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! SUBMIT ALL OFFERS!! 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.
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.
