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    Santa Ana Renovated Apartment Complex
    Updated: Mar 9
    Santa Ana Renovated Apartment Complex

    317 S Flower St, Santa Ana, CA 92703

    $4,974,000
    10,350 sqft
    High 6.9% CAP Rate based on actual rents.
    Completely renovated with approximately $500,000 spent in the last 5 years.
    20‑unit gated apartment complex in Santa Ana.
    Individually metered for gas & electric with individual water heaters.
    Renovated units feature new kitchens with quartz countertops and stainless steel appliances.
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    This listing looks promising.

    Here's a quick look at some key insights for

    317 S Flower St, Santa Ana, CA 92703

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $174K
      Annual

    • Price @ 7% Cap

      $2.48M
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1920
    View Property Analytics
    5-Unit Multifamily with ADU
    Updated: Jan 5
    5-Unit Multifamily with ADU

    1519 N Ross, Santa Ana, CA 92706

    $1,650,000
    0.20 AC lot
    5‑unit multifamily in Santa Ana (92706): includes a 4‑plex plus a new ADU built in 2023
    All units reportedly fully updated, including new flooring and remodeled kitchens and bathrooms
    Renovations include updated plumbing and electrical systems
    New roof and new double‑paned windows reported
    Paid/owned solar installed on the ADU
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    1-Bedroom Multifamily with 8 Units
    1-Bedroom Multifamily with 8 Units

    925 N Lacy Street, Santa Ana, CA 92701

    $1,995,000

    Eight 1-bedroom, 1-bath units offer an operator the ability to evaluate rent upside versus gross potential.

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    Apartment Building with 8 Units
    Apartment Building with 8 Units

    921 N Lacy Street, Santa Ana, CA 92701

    $1,995,000

    Apartment building with eight 1-bed/1-bath units and on-site laundry room for potential Mills Act consideration.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Six-Unit Apartment Complex
    Six-Unit Apartment Complex

    502 E Wellington Avenue, Santa Ana, CA 92701

    $1,495,000

    Two-building 6-unit apartment complex offers uniform 2-bedroom layouts with balconies and in-unit washer/dryer hookups.

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    Santa Ana Multifamily Investment Opportunity
    Santa Ana Multifamily Investment Opportunity

    502 E Wellington Ave, Santa Ana, CA 92701

    $1,495,000
    0.19 AC lot

    Six-unit apartment complex in Santa Ana's French Park.

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    Santa Ana Multifamily Investment Opportunity
    Santa Ana Multifamily Investment Opportunity

    921 N Lacy St, Santa Ana, CA 92701

    $1,995,000
    0.17 AC lot

    Eight-unit apartment building in Santa Ana's French Park neighborhood.

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    Santa Ana Multifamily Investment Opportunity
    Santa Ana Multifamily Investment Opportunity

    925 N Lacy St, Santa Ana, CA 92701

    $1,995,000
    0.17 AC lot

    Multifamily property in Santa Ana's French Park neighborhood.

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    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    313 S Broadway, Santa Ana, CA 92701

    $1,350,000
    0.14 AC lot

    Five-unit multifamily building with a 2-/1-bedroom mix, private balconies, garages, and separate gas and electric metering.

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    Santa Ana Multifamily Investment Opportunity
    Santa Ana Multifamily Investment Opportunity

    1519 N Ross, Santa Ana, CA 92706

    $1,650,000

    Five updated units, including new ADU, in prime location.

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    Multifamily Building in Santa Ana
    Multifamily Building in Santa Ana

    1239 Brook Street West, Santa Ana, CA 92703

    $2,400,000

    12-unit multifamily building with upside potential in Santa Ana.

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    Santa Ana Multifamily Investment Opportunity
    Santa Ana Multifamily Investment Opportunity

    910 S Townsend, Santa Ana, CA 92704

    $2,050,000

    Well-maintained 8-unit property in a high-demand Santa Ana location.

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    Well-Maintained 22-Unit Apartment Community
    Well-Maintained 22-Unit Apartment Community

    2221 E Lenita Lane, Santa Ana, CA 92705

    $5,400,000

    Controlled-access 22-unit community with gated parking, balconies/patios, and shared laundry serving a mix of 1- and 2-bedroom units.

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    Santa Ana Multifamily Investment Opportunity
    Santa Ana Multifamily Investment Opportunity

    1416 N Spurgeon St, Santa Ana, CA 92701

    $4,199,900

    Gated multifamily property in desirable French Park neighborhood.

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    Santa Ana Multifamily Investment Opportunity
    Santa Ana Multifamily Investment Opportunity

    717 N Garfield St, Santa Ana, CA 92701

    $6,299,850

    Gated multifamily property in Historic French Park area with upside.

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    55-Unit Multifamily Apartment Community
    55-Unit Multifamily Apartment Community

    1327 N Ross, Santa Ana, CA 92706

    $16,750,000

    Built in 1987, this 55-unit complex offers one-bedroom homes with dual private balconies.

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    18-Unit Apartment Community with Garages
    18-Unit Apartment Community with Garages

    116 S Orange Ave, Santa Ana, CA 92701

    $3,675,000

    Well-maintained 18-unit community offering secured access, private garages, and on-site laundry in Santa Ana’s urban core.

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    11-Unit Multifamily Investment Property
    11-Unit Multifamily Investment Property

    1409 W Lingan Ln, Santa Ana, CA 92704

    Contact for pricing
    0.25 AC lot

    11-unit multifamily property offering one- and two-bedroom units, central courtyard, garage parking, and on-site laundry.

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    Santa Ana Fourplex Value-Add Opportunity
    Santa Ana Fourplex Value-Add Opportunity

    833 N Lacy Street, Santa Ana, CA 92701

    $1,995,000

    Two fourplexes in Santa Ana's French Park neighborhood.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Santa Ana, CA, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    Off-Market Properties in Santa Ana, CA

    Consider similar Off-Market properties in Santa Ana, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1333 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    1333 Walnut St, Santa Ana, CA 92703-3740

    $1,280,000
    Estimated value
    5,097 sqft 0.15 AC lot
    View details
    616 Van Ness Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)

    616 Van Ness Ave, Santa Ana, CA 92701-5533

    Unit A
    Value Estimation by Request
    736 sqft 0.16 AC lot
    View details
    1419 Sycamore St
    APARTMENT HOUSE (5+ UNITS)

    1419 Sycamore St, Santa Ana, CA 92707-1724

    Value Estimation by Request
    4,498 sqft 0.14 AC lot
    View details
    849 Van Ness Ave
    APARTMENT HOUSE (5+ UNITS)

    849 Van Ness Ave, Santa Ana, CA 92701-3355

    $2,410,000
    Estimated value
    4,498 sqft 0.20 AC lot
    View details
    1110 Pacific Ave
    APARTMENT HOUSE (5+ UNITS)

    1110 Pacific Ave, Santa Ana, CA 92704-3338

    Value Estimation by Request
    4,200 sqft 0.17 AC lot
    View details

    Santa Ana, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Santa Ana, CA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 10,350 square feet of properties for sale, with an estimated market value of $4,974,000.

    Sale prices for two-family homes in Santa Ana, CA start at $4,974,000, averaging $4,974,000, and reaching up to $4,974,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 392K
    Population Growth (5Y) -3.8%
    Median Household Income $96,424
    College Educated 16.6%

    High-Yield Neighborhoods for Investment

    Identify Santa Ana submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92706 $1.7M
    92704 $2.1M
    92703 $2.9M
    92701 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $11.70 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Orange County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Orange County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Ana fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Santa Ana, CA

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