511 E Washington Ave Santa Ana, CA 92701
30-unit apartment community in a desirable Santa Ana location.
Type:Multifamily
Property size:
26,707 SFLot size:
1.00 Acre- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:24 am
Property Features for 511 E Washington Ave
General Information
- Standard status
- Active
- Size
- 26,707 SF
- Lot size
- 1.00 Acre
- Property subtype
- Multifamily
Listing agent Greg Bassirpou License #CA: 01365951 (949) 419-3234
Listing office Orange County Office (949) 419-3234
Listing date Apr 3, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of Orange County Office
Overview
Santa Ana Multifamily Investment Opportunity
The Washington Avenue Apartments is a 30-unit apartment community located in the French Court neighborhood of Santa Ana, California. Constructed in 1964, the property contains one-, two-, and three-bedroom units, totaling 26,707 square feet and situated on just over one acre of land. The property includes a gated entry with a large courtyard, on-site parking including carports, a barbecue area, patios and balconies, and an on-site laundry facility. Recent renovations and upgrades to the interiors and exterior include granite countertops, vinyl plank flooring, new tubs and showers, new appliances, new windows and sliders, new railings, a deck replacement and resurfacing, new air conditioning units, and some new bathrooms and kitchens. The majority of individual water heaters have been replaced. The City of Santa Ana is a historic city with a vibrant downtown located in Orange County.
Location Intelligence
Current Use by Public Records
Marquez Handyman
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.862987
- Latitude
- 33.756247
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 30-unit apartment community in a desirable Santa Ana location.
Where is this apartment building located?
The property is located at 511 E Washington Ave Santa Ana, CA.
What is the asking price?
The asking price for this property is $9,300,000.
What are key features of this property?
This property features: Located in the desirable French Court neighborhood of Santa Ana, a strong rental market in Southern California.; Turnkey investment property with a **6.5% CAP Rate** and **9.0% Cash‑on‑Cash return** on current income.; Attractive unit mix of one-, two-, and three‑bedroom units totaling 26,707 square feet.
