Santa Ana Renovated Apartment
317 S Flower St, Santa Ana, CA 92703
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20-unit renovated apartment complex in Santa Ana with strong cashflow.
Type:Multifamily
Property size:
10,350 SFPrice / SF:
$480/SF- Added:
- Jan 27, 2026
- Days on Market:
- 104
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 317 S Flower St
General Information
- Standard status
- Active
- Size
- 10,350 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1985
Listing agent Ruben Khorsandi License #01085411
Listing office Alliance Investment Real Estate Group (949) 250-0400
Listing date Jan 27, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Alliance Investment Real Estate Group
HighLights
- 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.
- Laundry room with owned equipment generates additional cash flow.
Overview
Flower Street Apartments is a 20-unit gated apartment complex located in Santa Ana. The property has been completely renovated, with approximately $500,000 spent over the last 5 years on both the interiors and exterior. The units feature new kitchens with quartz countertops and stainless steel appliances, as well as new bathrooms/showers with new vanities, tile shower walls, and high-efficiency toilets. Additional interior upgrades include LED recessed lighting and new windows. Exterior renovations include paint, new staircases and decking, a security camera system, exterior lighting, and new landscaping. The building is equipped with a fire sprinkler system throughout. Each unit has a large patio/balcony. The property is individually metered for both gas and electric and has its own water heater. There is a laundry room with owned equipment that generates additional monthly cashflow. The property size is 10350 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Garnsey LP
Apartment Building
Gabriel Mobile Home ...
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.8756902
- Latitude
- 33.7426464
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FAQs
What type of property is this?
Apartment building - 20-unit renovated apartment complex in Santa Ana with strong cashflow.
Where is this apartment building located?
The property is located at 317 S Flower St Santa Ana, CA.
What is the asking price?
The asking price for this property is $4,974,000.
What are key features of this property?
This property features: 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.
