Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

6

Building size

5,216 sqft

Lot size

9,259 sqft

Year built

1982

Stories

2

Garage spaces

6

Pool

None

Status

Active

Days on market

0

MLS #

247025333

About this property

Exceptional investment opportunity to acquire a turn-key, fully stabilized multifamily asset in high-demand Santa Ana. Delivering an in-place cap rate over 6.6%, this property stands out as one of the strongest cash-flowing multifamily deals available in Orange County. The building features predominantly spacious 2-bedroom floor plans, perfectly positioned to attract and retain long-term tenants in today's tight rental market. Extensive recent capital improvements offer low maintenance operations, including brand-new plumbing (hot/cold water, gas, and sewer), permitted dual-pane windows, SB 721 compliance with a fully permitted deck rebuild, updated kitchens and bathrooms, recessed lighting, and modern flooring throughout. These high-end systems and updated construction drastically reduce near-term CapEx while keeping operating expenses low. Located just minutes from vibrant Downtown Santa Ana, the Civic Center, Bowers Museum, and Main Place Mall, tenants enjoy seamless access to premier dining, shopping, and cultural hubs. Residents will appreciate quick access to I-5 via 17th Street, along with proximity to the new OC Streetcar transit line connecting Santa Ana to Garden Grove. With all units currently leased at strong market rates, this low-maintenance asset delivers immediate, reliable income from day one.

Location

810 S Flower

Santa Ana, Orange, CA, 92703