Santa Ana CA Multi-Family Real Estate, Homes for Sale

LG26219043 MLS ⋅ Active Status

Ideally situated in the highly desirable South Coast Metro area, along the border of Santa Ana and Costa Mesa, this upgraded fourplex presents an exceptional investment opportunity with strong income potential and room for future rent growth. The property features an attractive unit mix consisting of one 3-bedroom, 2-bathroom unit and three 2-bedroom units, including two 2-bathroom units and one 1-bathroom unit. The property offers an ideal opportunity for both investors and owner-occupants. Live in the front unit while generating rental income from the remaining three units, or maximize the property's income potential by leasing all four units. Additional features include four private garages—one two-car garage and three one-car garages—as well as separate gas and electric meters for each unit. Each unit also has laundry hookups in its respective garage. A separate common laundry room, currently utilized for maintenance storage, offers the potential to create an additional income stream. Enjoy a convenient location near South Coast Plaza, Metro Pointe Shopping Center, the 405 Freeway, and excellent local schools. With its desirable Covington-style architecture, extensive upgrades, practical amenities, and attractive location, this fourplex offers a compelling combination of rental income, long-term appreciation potential, and future upside through rental growth.

2731 W Orion Avenue, Santa Ana

$1,900,000

OC26225906 MLS ⋅ Active Status

Unlock a rare, high-yield multifamily asset in the heart of Orange County. Located at 2732 W. Orion Ave, Santa Ana, this coveted "Covington Style" fourplex stands out as a prime investment built for strong rental demand and long-term appreciation. The diverse, high-occupancy unit mix features one 3BR/2BA, one 2BR/2BA, one 2BR/1.5BA, and one 2BR/1BA unit—all meticulously maintained, showcasing true pride of ownership. Investors can immediately boost their bottom line and maximize yields by implementing a RUBS system for water and trash utilities. Further driving tenant retention are four private, dedicated garages that offer lucrative secondary income potential. Positioned just minutes from world-class destinations like South Coast Plaza, Segerstrom Center, and John Wayne Airport, with effortless access to the 405, 55, and 5 freeways, this property commands premium rental rates.

2732 W Orion, Santa Ana

$1,999,999

OC26224584 MLS ⋅ Active Status

Attention investors: Cash flow meets massive upside in this fully occupied, turn-key Santa Ana fourplex! ???? This meticulously kept, two-story income property sits in a high-demand rental pocket, boasting a flawless 100% occupancy rate and a historical track record of virtually zero vacancies. The profitable unit mix features one massive 3-bed/2-bath unit, two spacious 2-bed/2-bath units, and one comfortable 2-bed/1-bath layout, totaling approximately 4,557 square feet of prime real estate. Sitting on an oversized lot, the building treats tenants to premium perks like secluded personal patios or balconies and an essential on-site laundry room. Parking is a breeze with 5 attached garage spaces plus 4 additional off-street spots. Positioned in a top-tier rental market, this building offers an incredible opportunity to immediately bump below-market rents and maximize your returns. Drive-by viewings only—please do not disturb the residents! ????

1031 W Central, Santa Ana

$1,200,000

OC26224237 MLS ⋅ Active Under Contract Status

Presenting 1221-1227 N Lacy Street, a value-add four-unit multifamily property in Santa Ana’s historic French Park neighborhood. Offered for the first time in more than 20 years, the property gives an investor a rare chance to acquire a well-located asset close to Downtown Santa Ana. The property consists of four two-bedroom, one-bath units, each with a garage space, open parking, and access to an on-site laundry facility. The interiors are largely original. This creates a value-add opportunity for an investor who plans to renovate units as they turn over. The property also offers a potential ADU opportunity. Buyer must verify with the City of Santa Ana. The property is approximately 0.9 miles from Downtown Santa Ana and its restaurants, entertainment, and employment base. It is also approximately 0.3 miles from the planned Santa Ana Blvd and Lacy St station on the OC Streetcar line. Residents have convenient access to the I-5 freeway and the Santa Ana Regional Transportation Center.

1221 N Lacy Street, Santa Ana

$1,534,900

7 Beds ⋅ 5 Baths ⋅ PW26223233 MLS ⋅ Active Status

Spacious and versatile Santa Ana investment opportunity, perfect for both investors or owner-occupants! The property features a 5-bedroom front house (2,042 sq. ft.) and two separate 1-bedroom rear units (585 sq. ft. each) on a large 9,224 sq. ft. lot (per assessor). Both the main house and rear units have separate meters and convenient alley access. Separate address for each unit. The rear units are fully independent with private side entrances and no shared backyard space, providing privacy for tenants. Recent upgrades include updated windows, newer fencing, and extensive exterior wood repairs, including improved stair access and landings for the rear units. The property offers a large front yard with lush grass, a decorative cement and wrought-iron fence, a corner location with ample parking, and a low-maintenance backyard. Interior features include wood and tile flooring and interior wood stairs. Additional highlights include four single-car garages under the rear units and a separate driveway with direct access—perfect for RV or boat parking. Well-maintained and turnkey, this property provides strong rental income potential with minimal immediate upkeep.

603 S Orange, Santa Ana

$1,400,000

OC26205262 MLS ⋅ Active Status

Beautiful Duplex Built in 2020 is situated in a vibrant neighborhood known for its rich cultural scene and diverse dining options. The area offers historic downtown attractions and a wide variety of restaurants. The property generates a total monthly income of $6,800, with no utility or trash expenses. This stunning duplex features three modern, well-maintained units: • Front Unit: 4 bedrooms, 3.5 bathrooms • Back Unit: 2 bedrooms, 1.5 bathrooms • Upstairs Unit: 2 bedrooms, 1.5 bathrooms The property includes stainless steel appliances, refrigerators, dishwashers, granite countertops, laminate flooring, double-pane windows, a red tile roof, and sprinkler systems throughout.

813 N Figueroa Street, Santa Ana

$2,100,000

PW26222716 MLS ⋅ Active Status

1109 S. Standard Avenue is a 10-unit multifamily investment property located on a major thoroughfare in Santa Ana, CA. Constructed with 6,004 net rentable square feet on a 7,303 square foot lot, the asset features a uniform unit mix of ten 1-bedroom / 1-bathroom units, on-site laundry facilities, and 10 open parking spaces. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs and railing replacements, new windows, new water heater, and new exterior paint, improving curb appeal and helping to minimize near-term capital expenditures. Situated directly next door to Gerardo Mouet Park, offering tenants basketball courts, a skate park, a playground, and exercise areas, the property provides immediate access to community amenities. Held by long-term ownership with a motivated seller, the property is offered at a discounted purchase price due to low current rents, presenting a compelling value-add opportunity with a 62% projected rental upside.

1109 S Standard Avenue, Santa Ana

$2,200,000

PW26222660 MLS ⋅ Active Status

809 S. Townsend Street is a 10-unit, 1961-vintage multifamily asset in Santa Ana totaling 6,840 SF of net rentable area on a 12,240 SF lot. The property is 100% occupied with a mix of six 1BR/1BA and four 2BR/1BA units, each with a private garage plus on-site laundry and ample street parking. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs, new railings, new windows, and a new water heater, improving curb appeal and helping to minimize near-term capital expenditures. Current rent levels project to have 57% upside, with an 8.5% pro forma cap rate on market rents. Long-term ownership and a motivated seller create a clear value-add path for investors seeking stable in-place income with substantial rental upside in a high-demand Orange County submarket.

809 S Townsend Street, Santa Ana

$900,000

6 Beds ⋅ 3 Baths ⋅ OC26221369 MLS ⋅ Active Under Contract Status

Excellent investment opportunity in a desirable Santa Ana location near South Coast Plaza. This three-unit property offers significant value-add potential for buyers looking to renovate and reposition an existing multifamily investment. The property is in need of substantial updating and renovations, providing an opportunity to make improvements and enhance its long-term potential. Conveniently located near shopping, dining, entertainment, and major freeways.

2609 S Rosewood, Santa Ana

$2,540,000

PW26219588 MLS ⋅ Active Status

Excellent opportunity to acquire a 10-unit multifamily building on the border of Santa Ana and Tustin. Located at 549 N Tustin Ave, this multifamily asset was built in 1976. It offers ten large and well maintained 1 bedroom + 1 bathroom units. The building boasts a total of 7,040 gross rentable square feet and is part of a community of 35 similar buildings. The complex is managed by an HOA which staffs an on-site management office. Gated access, two pool areas, a large playground, off-street parking and on-site laundry facilities make the property particularly appealing for renters and landlords. The property conveniently located right on the border of Santa Ana and Tustin with onramps to both the 55 and 5 freeways a couple of minutes away. The property is walking distance to Subway Restaurant, Country Café, Noodle Place and more. Just to the North of the property are multiple hospitals and medical clinics offering convenient care and job opportunities. Sports fans will find the location particularly appealing due to its convenient location about fifteen minutes by car to The Honda Center and Angel Stadium. For the right investor, this multifamily asset represents a the perfect opportunity to generate years of steady cash flow with minimal management or maintenance responsibilities. With the HOA handling management, maintenance and leasing this is the perfect passive investment for an owner who is looking for a completely hands-off ownership experience. As units turn over, the upside in rental income will be easily achievable.

549 N Tustin Avenue, Santa Ana

$2,975,000

PW26219394 MLS ⋅ Active Status

409-415 E. Pine Street is a 12-unit multifamily property located in Santa Ana, CA, offering investors an opportunity to acquire a well-located Orange County asset. Built in 1983, the property consists of two contiguous parcels totaling 8,628 square feet of rentable area situated on a 14,000 square foot lot. The community features a desirable unit mix of four 1BR/1BA units and eight 2BR/1BA units, along with amenities including on-site laundry, gated entry, individual water heaters, and patios/balconies in select units. Recent capital improvements include roof restoration, HVAC replacements, water heater replacement, and interior updates to select units. The property is offered at a 6% CAP Rate on current income with 25% rental upside, providing investors with additional growth potential through continued upgrades, turnover, and rent increases.

409 E Pine Street, Santa Ana

$1,180,000

NP26218335 MLS ⋅ Active Status

Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring, and newly installed AC and heating units for year-round comfort. Externally, the property boasts major aesthetic curb appeal alongside a freshly paved parking lot that provides eight dedicated spots—rendering it exceptionally overparked for a fourplex. Perfect for owner-occupied financing, one unit can be delivered vacant at closing, while the remaining units are leased to qualified residents commanding strong market rents. Situated just minutes from Downtown Santa Ana, Santa Ana College, the Civic Center, and major freeway corridors, this property offers unbeatable access to key local points of interest. Please contact agent to inquire about purchasing the ADJACENT fourplex.

1516 W 5th, Santa Ana

$1,595,000

NP26212458 MLS ⋅ Active Status

PRICED TO SELL QUICK! Presenting an outstanding, turnkey investment opportunity located at 812 E Santa Ana Blvd. This fully renovated property is leased at solid market rates, delivering immediate, hassle-free rental income from day one. Every unit has been thoughtfully upgraded with brand-new kitchens, modern bathrooms, beautiful low-maintenance flooring, interior paint, and energy-efficient dual-pane windows throughout. Prime vicinity highlights include being just minutes from vibrant Downtown Santa Ana’s popular dining, arts, and shopping districts, as well as footsteps from the Santa Ana Regional Transportation Center (Metrolink) and major freeway routes. Add a high-performing asset with minimal ongoing maintenance to your portfolio!

812 E Santa Ana, Santa Ana

$4,300,000

OC26212080 MLS ⋅ Active Status

7.28% Market CAP. 3.35% Current CAP. Only $215,000 per unit! We are pleased to present 1433-37 S Standard Ave, a 20-unit multifamily investment opportunity located in the heart of Santa Ana. The property features a desirable mix of one-bed and two-bed units, providing a balanced unit composition that appeals to a broad segment of the rental market. With its larger unit count and established location, the asset offers investors the opportunity to acquire scale within one of Orange County’s strongest multifamily submarkets. The property recently got a new roof installed on the entire building, reducing near-term capital expenditure needs for ownership and also benefits from a well-diversified rent roll and a layout designed to support long-term tenant retention. The combination of one- and two-bedroom floor plans creates flexibility within the property while positioning ownership to capitalize on continued rental demand throughout the Santa Ana market. The asset presents a compelling blend of stable in-place income and future upside potential. Ideally situated in central Santa Ana, the property provides residents with convenient access to a wide variety of employment centers, retail destinations, educational institutions, and entertainment amenities. Nearby attractions include Downtown Santa Ana, the Civic Center, Artist Village, 4th Street Market, Santa Ana College, and South Coast Plaza. Residents also benefit from excellent regional connectivity via the I-5, SR-22, SR-55, and SR-57 Freeways, offering convenient access throughout Orange County and the greater Southern California region. With its attractive unit mix, strategic location, and strong market fundamentals, 1433-37 S. Standard Avenue represents an outstanding opportunity to acquire a larger-scale multifamily asset in a high-demand rental market.

1433 1437 S Standard Avenue, Santa Ana

$1,695,000

DW26212564 MLS ⋅ Active Status

Rare opportunity to own a beautifully renovated triplex in the heart of Santa Ana! This fully remodeled property offers three separate units, making it an excellent opportunity for investors or owner-occupants looking for additional rental income. Thoughtfully updated throughout with a fresh, modern feel, the property is truly move-in ready. A detached 2-car garage and convenient alley access provide added parking and functionality. Centrally located near shopping, dining, schools, and major freeways, this turnkey triplex is ready for its next owner!

2128 N Bristol, Santa Ana

$885,000

NP26210663 MLS ⋅ Active Status

A rare find in the heart of Santa Ana: a legal triplex on an exceptional corner lot, just blocks from Downtown, offering strong income, this property consists of a charming early-1900s front house and a separate rear building, giving residents the privacy and feel of detached living rather than a shared-wall apartment layout. Originally a 2 bed 1 bath house SFR up front, over the years the property has been adapted from its original configuration to suit the way it's lived in today; a second bathroom was added to the front house. And the rear building, originally two 1 bed 1 bath units, now being rented as a single 2 bed 2 bath residence with one kitchen. These modifications were made without permits; buyer to verify all square footage, unit count, permit status, and zoning with the Orange County assessors office & City of Santa Ana. The new home owner can leave as is or possibly restore these two residences to their orinal configuration. The large lot leaves room for future possibilities, and the central location puts tenants minutes from Downtown Santa Ana's dining and arts district, transit, schools, and major freeways. This is a fantastic opportunity for any investor.

421 E Walnut, Santa Ana

$799,990

3 Beds ⋅ 3 Baths ⋅ OC26210427 MLS ⋅ Active Status

Discover Crimson Court, a new collection of modern three-story townhomes in the heart of Santa Ana. Contemporary architecture featuring mixed materials, private decks and inviting outdoor gathering spaces creates a fresh approach to urban living. With 3 to 4 bedrooms, 3 to 4 bathrooms and energy-efficient, all-electric living, these thoughtfully designed homes offer the space and flexibility to fit your lifestyle—all surrounded by the vibrant culture and community spirit that make Santa Ana so distinctive.

125 S. Harbor Blvd., Santa Ana

$775,000

PW26204580 MLS ⋅ Active Status

Nice Duplex in Santa Ana. Each has two bedrooms and 1 bath. Large and spacious driveway long enough to fit up to 6 cars. Each unit has a living room, bathrooms, kitchen and two bedrooms. Located in a good area close to schools, grocery stores, restaurants and retail stores. Each unit 512 sf. Sold AS-IS.

1831 W 3rd, Santa Ana

$2,050,000

NP26200094 MLS ⋅ Active Status

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.

810 S Flower, Santa Ana

$1,699,000

NP26188531 MLS ⋅ Active Status

Turn-key investment opportunity in Santa Ana’s desirable French Park neighborhood! This 4-unit property, including a fully permitted ADU, currently generates approximately $11,954/month, with a pro forma of approximately $12,900/month. All units have been extensively remodeled with updated kitchens, bathrooms, flooring, paint, and partial plumbing and electrical upgrades. Unit mix includes a 2 bed/2 bath + den, 3 bed/2 bath, 1 bed/1 bath, and 2 bed/1 bath. The front unit also features in-unit laundry, a basement, and private backyard. Three units have separate electric meters, and three are rented fully furnished. New appliances and furnishings are included with the sale. Seller has obtained permits for an additional ADU to be built.

1102 French, Santa Ana

$399,000

1 Beds ⋅ 1 Baths ⋅ PW26189992 MLS ⋅ Active Status

This 1 bedroom, 1 bath condo overlooks the lake. There are tennis courts, swimming pool and Spa .Owner has upgraded Windows to double pane heat reflecting , Crown Molding, Tile and stone floors, granite countertops, stainless steel appliances. Fireplace, and large vanity area in bathroom

2861 S Fairview Unit D, Santa Ana

$699,900

PW26183821 MLS ⋅ Active Status

Solid Multi-family investment opportunity in a high demand Santa Ana location. This fixer-upper offers strong upside for the right buyer ready to renovate and capture market rents or create long-term equity Located in a convenient central area with easy access to the 5 and 22 freeways, downtown Santa Ana, local shopping, dining, schools, and employment centers. The property presents and excellent canvas for cosmetic and functional upgrades that can significantly increase rental income and overall value. Property is being sold as-is, Bring your contractor and vision-this is a value add play in a resilient Orange County rental market.

1618 W 3rd, Santa Ana

$1,590,000

OC26178266 MLS ⋅ Active Status

Prime Santa Ana Investment Opportunity! Discover an exceptional Four Unit Residential property situated in a highly desirable, walkable neighborhood just steps from local schools and markets. This well maintained building features a versatile unit mix consisting of 3 spacious 2 bedroom 2 bathroom units and an expansive 3 bedroom 2 bathroom unit. Additional income is generated by a convenient on site laundry room adding continues value for investors. This is an excellent long term potential in a thriving community.

701 E Chestnut, Santa Ana

$1,595,000

PW26176654 MLS ⋅ Active Under Contract Status

Located in a highly desirable neighborhood of Santa Ana, near the Tustin and Orange borders, 2236 E. Franzen Avenue presents investors with the opportunity to acquire a well-maintained, fully occupied multifamily asset featuring an attractive mix of one-, two-, and three-bedroom apartment homes. Averaging more than 1,050 square feet per unit, the spacious floor plans appeal to a broad tenant base and offer a significant advantage over many competing properties in the area. The property provides a variety of sought-after resident amenities, including an on-site laundry facility, private patios and balconies, wall air conditioning, and a fireplace in the three-bedroom unit. Parking is well accommodated with four single-car garages, two open parking spaces, and ample street parking for residents and guests. The property is also individually metered for electricity and gas, helping to minimize owner-paid utility expenses. Ownership has completed several capital improvements, including the re-plumbing of one unit in 2022, reconstruction of the balconies, and installation of new fencing surrounding most of the private patios, reducing near-term capital expenditure requirements. From an investment perspective, 2236 E. Franzen Avenue offers compelling upside potential. Current rental rates are approximately 22% below market, providing a clear value-add opportunity through the implementation of market rents as units turn over. Combined with its desirable location, generous unit sizes, and strong in-place occupancy, the property represents an attractive long-term investment in one of Orange County's most established rental markets.

2236 E Franzen, Santa Ana

$1,689,000

OC26172416 MLS ⋅ Active Status

Multifamily 6 unit apartment complex in Santa Ana. 2 units are 2 bedrooms and 1 bathroom, 4 units are 1 bedroom and 1 bathroom. Each unit has a private patio/deck. Gated parking in back of the building, with electronic access. Each 1 bedroom unit gets one space and the 2 bedrooms get 2 spots. Laundry room has 2 washers and 2 dryers. Great location close to freeways and downtown Santa Ana dining and entertainment district.

620 E Pine, Santa Ana

$1,450,000

CV26171551 MLS ⋅ Active Status

2 Units up, 2 units Down. New roof about 7-8 years. All new windows changed . Each unis have 2 places parking: 1 in garage, 1 in open place..

1802 Evergreen, Santa Ana

$1,499,000

PW26164557 MLS ⋅ Active Status

Exceptional value-add opportunity! This duplex offers two homes on one lot, making it an ideal investment for those looking to renovate, increase value, and maximize rental income. Whether you choose to live in one home while updating and leasing the other, create a multi-generational living arrangement, or add to your investment portfolio, the possibilities are endless. The front residence at 726 Euclid offers approximately 1,139 square feet with 2 bedrooms, 2 bathrooms, and a spacious family room that could easily serve as a third bedroom, home office, or additional living area. The rear residence at 728 Euclid features approximately 1,200 square feet with 3 bedrooms, 2 bathrooms, plus a dedicated office that can function as a fourth bedroom. Both homes offer spacious floor plans, separate 2-car garages, and an excellent layout ready for your personal vision and improvements. With the right updates, this property presents tremendous upside for increased rental income and long-term appreciation. Conveniently located just minutes from the vibrant Little Saigon district, residents will enjoy easy access to renowned dining, shopping, entertainment, and major freeways. Properties with two detached homes on one lot are a rare find, and this one offers an outstanding opportunity for investors, owner-occupants, or buyers seeking flexible living options with significant upside. Bring your imagination and transform this property into a standout income-producing asset.

728 N Euclid Street, Santa Ana

$1,025,000

PW26170158 MLS ⋅ Active Status

MAJOR PRICE IMPROVEMENT – FOUR 2-BEDROOM UNITS NOW OFFERED AT $1,025,000! This fully occupied Santa Ana fourplex features four 2-bedroom, 1-bath units offered at approximately $256,250 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility providing additional income. Current rents total $4,860 per month, with all four units occupied on month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.

1813 Cedar, Santa Ana

$1,535,000

OC26170439 MLS ⋅ Active Status

Unbeatable Cash-Flow Fourplex in Santa Ana’s Historic Wilshire Square! This turnkey asset is built for maximum passive income, generating a strong $9,450 per month ($113,400 annually) with a high cap rate that outperforms comparable local multifamily investments. Operating expenses stay extremely low thanks to separately metered electric, gas, and water utilities. The fully occupied property features a high demand unit mix consisting of a remodeled downstairs 2-bedroom/1-bath unit leasing for $2,800 per month, an upgraded upstairs 2-bedroom/1-bath unit leased at $2,650 per month, and two 1-bedroom/1-bath units (featuring updated kitchens) leased at $2,000 per month each. An on site shared laundry room provides added tenant convenience and extra income potential. Huge potential would be converting the garages into 2 ADU's since the garages are free standing to increase the income and building value!!! Positioned just minutes from Downtown Santa Ana, Main Street dining, Bowers Museum, and Santa Ana College, with rapid access to the 5, 55, and 22 freeways, this high performing cash cow ensures rock solid, perpetual tenant demand. Rare opportunities like this don't stay on the market long act fast! Drive by only, please do not disturb tenants.

1405 S Broadway, Santa Ana

$1,550,000

TR26168504 MLS ⋅ Pending Status

**Excellent 6-Unit Investment Opportunity – Priced Right to Sell!** Well-maintained apartment building featuring **6 spacious units**, all with **2 bedrooms and 1 bathroom**. Located in a **high-demand rental area** with **100% occupancy** and **current gross rental income of approximately $13,050 per month**. Recent improvements include **3 fully remodeled bathrooms, 2 remodeled kitchens, and new water heaters**. Quality long-term tenants, strong cash flow, and an excellent location close to shopping, dining, schools, and major freeways. **Priced right to sell—don't miss this outstanding investment opportunity!**

2001 W Myrtle, Santa Ana

$1,829,000

NP26166053 MLS ⋅ Active Under Contract Status

Brand new roofing on all structures! 6 Units in the heart of Santa Ana. Located walking distance from multiple schools, parks, OC Civic Center and Historic Downtown Santa Ana! The Pine Apartments offer an investor STRONG in place cashflow, low maintenance renovated property condition, and low expense operations. All new tenants are on RUBS program, generating extra cashflow. The building contains one and two bedroom floor plans, including cottage style units with no shared walls. Other amenities include: washer/dryer hookups, AC and Heating, Garage and Reserved parking, large private patios, dual pane windows, brand new kitchens and bathrooms, vinyl flooring, and private front and rear entries. The buildings also has a massive basement that is currently unused and unrented!

415 W Pine, Santa Ana

$1,475,000

PW26165315 MLS ⋅ Active Status

We are pleased to present the opportunity to acquire a multifamily asset located at 1735 W. Washington Avenue in Santa Ana. The property consists of four (4) units situated on an expansive ±13,068 SF lot, featuring a unique unit mix of (2) detached two-bedroom, one-bathroom single-family homes and (1) duplex comprised of (2) one-bedroom, one-bathroom units. The property is occupied by long-term tenants, providing consistent rental income with significant upside through strategic asset management, renovation of the existing improvements, and the repositioning of rents over time. Investors also have the opportunity to further enhance cash flow through the implementation of a RUBS (Ratio Utility Billing System) program to offset water and trash expenses, while benefiting from future annual rental increases in accordance with the City of Santa Ana's rent control guidelines. The oversized lot presents a rare opportunity to further maximize the property's value through the potential development of ADU’s, creating a compelling long-term value-add investment opportunity (Buyer to verify development potential and feasibility with the City of Santa Ana). Ideally located in one of Santa Ana's established residential neighborhoods, the property benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana, major employment centers, public transportation, and a wide variety of shopping, dining, entertainment, and lifestyle amenities. Residents also enjoy convenient access to the 5, 22, 55, and 57 Freeways, providing excellent regional connectivity throughout Orange County. This offering presents investors with the rare opportunity to acquire a well-located multifamily asset featuring meaningful rental upside, multiple value-add strategies, and long-term development potential in one of Orange County's most sought-after rental markets.

1735 W Washington, Santa Ana

$5,200,000

OC26160223 MLS ⋅ Active Status

Presenting the Bishop Apartments, a well-maintained multifamily investment opportunity in the heart of Santa Ana. The property features a unit mix of one- and two-bedroom units including one non conforming unit (1BD / 1BA), generating stable cash flow via strong tenant demand. Recent capital improvements, including seismic retrofitting, combined with on-site laundry, private patio space, and ample parking position the property for continued strong performance and future upside. The Bishop Apartments offers investors a compelling opportunity to acquire a quality asset with stable in-place income and long-term appreciation potential in one of Orange County's strongest rental markets.

1003 W Bishop, Santa Ana

$850,000

PW26152829 MLS ⋅ Active Under Contract Status

Great Bread and Butter Duplex. Each unit is approximately 930 Sq ft. , per Public Records. Buyer to verify. The lot is nearly 10,000 sq. ft., per public records. Buyer to verify. 2 one car garages at rear of property. Alley access to garages. Pedestrian access from garage to units. One major point on this with this large of a lot is that the potential for an ADU certainly exists. Each unit is 2 bedrooms, 1 bath. Property is in clean basic rent ready condition, or live in one and rent the other. 2 electric meters, 2 gas meters, 1 water meter. Original windows were replaced. Close to urban and downtown amenities. Center of Santa Ana in the heart of Orange County. 5 minute drive to 4th St. Renaissance . Artists Village, Main Place Mall, Santa Ana College. Property is delivered vacant in order that the new owner can rent at market rent, which is believed to be $2750 a unit. Buyer to conduct their own rent survey. Pro Forma $66,000 a year or owner occupy

1529 N Van Ness, Santa Ana

$1,050,000

PW26154820 MLS ⋅ Active Status

We are pleased to present 1613 S. Cedar Street, a three-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of one single-story two-bedroom/one-bath home and two townhouse-style two-bedroom/one-and-a-half-bath units — offering tenants a distinctive living experience rarely found in multi-family housing. Each unit includes its own private garage, with one unit featuring direct interior garage access, and all units offer large fenced private patios and in-unit washer and dryer hookups. All units are separately metered for gas and electric — resulting in zero utility expense for the owner. Additional street and alley parking provides tenants convenience beyond their individual garages. Two of the three units have received nearly complete interior renovations including new drywall, flooring, granite countertops, new cabinetry, updated kitchen and bathroom fixtures, gas range, and forced air heating and cooling. The exterior has also been upgraded with new windows throughout, enhancing curb appeal and energy efficiency. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.

1613 Cedar, Santa Ana

$1,200,000

PW26160740 MLS ⋅ Active Under Contract Status

We are pleased to present 1617 S. Cedar Street, a four-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of all two-bedroom/one-bath homes, including three single-story units and one unit over garage — offering tenants the feel of individual home living rarely found in multi-family housing. Each unit includes its own private garage, in-unit laundry hookups, and all units are separately metered for gas and electric — resulting in zero utility expense for the owner. Three of the four units feature large fenced private patios. Additional street and alley parking provides tenants convenience beyond their individual garages. The alley has recently been repaved in concrete, reducing future maintenance costs. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.

1617 Cedar, Santa Ana

$1,000,000

PW26154788 MLS ⋅ Active Status

We are pleased to present 1609 S. Cedar Street, a three-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of one single-story two-bedroom/one-bath home and two townhouse-style two-bedroom/one-and-a-half-bath units — offering tenants a distinctive living experience rarely found in multi-family housing. Each unit includes its own private garage, with one unit featuring direct interior garage access, and all units offer large fenced private patios and in-unit washer and dryer hookups. All units are separately metered for gas and electric — resulting in zero utility expense for the owner. Additional street and alley parking provides tenants convenience beyond their individual garages. Two of the three units have received nearly complete interior renovations including new drywall, flooring, granite countertops, new cabinetry, updated kitchen and bathroom fixtures, gas range, and forced air heating and cooling. The exterior has also been upgraded with new windows throughout, enhancing curb appeal and energy efficiency. The property is ideally situated in Central Santa Ana's supply-constrained rental market, offering investors stable long-term demand fundamentals. Tenants enjoy convenient access to numerous recreational parks within two miles, top-rated schools nearby, and some of Southern California's premier shopping, dining, and entertainment at South Coast Plaza — just minutes away. Commuters benefit from immediate proximity to the 55 Freeway and are just five miles from John Wayne Airport, providing seamless connectivity throughout the Southern California region and beyond.

1609 Cedar, Santa Ana

$799,000

PW26144950 MLS ⋅ Active Status

Income producing duplex in family friendly neighborhood. Each unit is 1 bedroom/ 1 bathroom with inside laundry. Front unit has been remodeled to include wide-plank/ wood-look laminate flooring, painted accent walls, contemporary lighting & ceiling fans, and new energy efficient windows. Each unit boasts a 2-step covered entry, charming/ curved bay window in the living room, arched doorways, gas ranges and inside laundry rooms. There are 4 dedicated parking spots in the driveway under a covered carport area (complete with storage) to match the home. Back unit has wood flooring in main living area and tile everywhere else. Kitchens have tile counters and bright white cabinets. Craftsman style closets are built-in to each bedroom, maximizing storage and living space. Back unit has private/ gated yard with a metal sliding fence along back wall providing access to alley behind. Front house has gated dog run area and citrus trees. Entire property enclosed with rod iron security gate. Great investment opportunity!

304 N. Susan St., Santa Ana

$1,850,000

OC26148457 MLS ⋅ Active Status

Exceptional turnkey fourplex ideally located just minutes from South Coast Plaza, offering a rare opportunity to own a pride-of-ownership investment property with strong cash flow potential. A brand-new roof has recently been installed, and all four spacious two-bedroom, townhome-style units have been extensively renovated with luxury vinyl plank flooring, upgraded electrical sub-panels, modern cabinetry and countertops, reglazed tubs, remodeled bathrooms, dual-pane vinyl windows, fresh interior paint, and updated lighting and electrical fixtures, while select units also feature brand-new heating systems. Each unit includes a private patio and its own garage, providing amenities that attract and retain quality tenants. A RUBS (Ratio Utility Billing System) has been implemented to help reduce operating expenses and increase net operating income. Conveniently located near South Coast Plaza, world-class shopping, dining, entertainment, and major freeways, this low-maintenance asset presents an outstanding investment opportunity.

2729 S Baker, Santa Ana

$925,000

PW26144828 MLS ⋅ Active Status

Charming, character-rich, and full of upside — this 100-year-old duplex in Santa Ana’s coveted Museum District, adjacent to Floral Park, is a rare find for the savvy investor. Zoned for Commercial & Residential, the possibilities are endless! Live in one and work in the other. The property features a spacious 2-bedroom, 1-bath unit and a cozy 1-bedroom, 1-bath unit, both brimming with the vintage detail and craftsmanship you’d expect from a home of this era. Best of all, the property sits on Santa Ana’s Historic Registry, opening the door to potential Mills Act designation — meaning significant, ongoing property tax savings for the right buyer. But the real surprise is out back: a huge, private backyard oasis offering serious future potential, whether that’s an additional ADU or even a second duplex (buyer to verify with the city). It’s quiet, secluded, and full of possibilities. Location seals the deal — you’re walking distance to the Bowers Museum, Discovery Cube, and MainPlace Mall, which is undergoing an exciting transformation into a mixed-use indoor/outdoor entertainment and lifestyle destination. Also close by and walkable is the reinvisioned Park Santiago with playgrounds, walking trails, and Lawn Bowling for the outdoor enthusiasts. Character. Cash flow. Tax advantages. Room to grow. This one checks every box — don’t miss it!

207 W Buffalo Avenue, Santa Ana

$1,060,000

PW26142181 MLS ⋅ Active Status

Exceptional duplex opportunity in the heart of Santa Ana, perfect for homeowners, investors, or those looking for multi generational living. Offering a total of 5 bedrooms, 3 bathrooms, and 1,884 square feet of living space, this versatile property provides flexibility and outstanding income potential. The front unit features 3 spacious bedrooms and 2 bathrooms with a comfortable layout designed for everyday living. The back unit offers 2 bedrooms and 1 bathroom, making it an excellent option for extended family, guests, or rental income. Live in one unit while renting the other to help offset your mortgage, or lease both units as an investment property. Each unit offers comfortable living spaces with plenty of natural light and functional floor plans that maximize space and privacy. The property presents an excellent opportunity for buyers seeking immediate rental potential while building long term equity. Conveniently located near shopping, restaurants, schools, parks, and major freeways, this property combines everyday convenience with exceptional investment value. Whether you are looking to expand your real estate portfolio or purchase a home with built in rental income, this duplex offers endless possibilities. Don't miss this rare opportunity to own a versatile income producing property in a desirable Santa Ana location.

335 Beverly, Santa Ana

$2,800,000

PW26139159 MLS ⋅ Active Status

This 11 unit historic Frank Lloyd Wright inspired architecture built in 1905 consists of (4) studios, (6) one-bedroom/one-bath units and (1) two-bedroom/one-bath unit. The property is in a strong rental market of Santa Ana at the intersection of North Broadway and West Washington. Ten of the eleven units have been renovated with newer kitchen cabinetry, countertops, shower enclosures, bathroom vanities and sinks.

1301 N Broadway, Santa Ana

$1,729,000

OC26137149 MLS ⋅ Active Status

Turnkey, fully-occupied 4-unit investment in South Coast Metro/Santa Ana. Long-term tenants in place — immediate cash flow, no lease-up risk. Unit mix: one 3BR/2BA + two 2BR/2BA + one 1BR/1BA, each with private garage parking plus ample street parking. Tenants pay electricity & gas; owner pays water & trash only. Roof replaced within the last 5 years. Minutes to the 405 & 55 freeways, less than 1 mile to South Coast Plaza, less than 2 miles to airport. A rare, low-maintenance hold in one of OC's most in-demand infill submarkets. DRIVE BY ONLY. Please DO NOT disturb tenants.

401 Nobel Avenue, Santa Ana

$1,150,000

PW26133497 MLS ⋅ Active Status

Price reduced another $50K! Discover timeless charm and modern opportunity in the heart of coveted Heninger Park, one of the area’s most celebrated historic neighborhoods. This beautifully preserved 1920 triplex blends classic architectural character with thoughtful updates, offering a rare chance to own a true legacy property with built-in income potential. The main home features approximately 1,300 sq. ft. of living space with 3 spacious bedrooms and 2 updated baths. Inside, you’ll find new flooring, a gourmet kitchen with granite countertops and stainless-steel appliances, and stylish finishes that complement the home’s historic appeal. A dedicated laundry room and a fully fenced front yard add comfort, privacy, and convenience. Behind the main residence, two 1-bedroom, 1-bath units offer private entrances, separate meters, and steady income from long-term tenants already in place. Located in the historically rich Heninger Park district, known for its tree-lined streets, preserved early-20th-century homes, and strong sense of community, this property is just minutes from schools, parks, transportation, and local amenities. Whether you're investing or living with added income, this charming triplex offers the best of both worlds.

530 S Broadway, Santa Ana

$1,799,999

OC26132796 MLS ⋅ Active Status

Rare Santa Ana Fourplex Investment Opportunity! This four-unit multifamily property features recent improvements, spacious floor plans, and generous parking accommodations. Recent upgrades include a new roof and fresh exterior paint. The front residence offers approximately 1,417 square feet with 3 bedrooms and 2 bathrooms, new carpeting, and fresh interior paint. The three additional residences include two approximately 990-square-foot, 2-bedroom units and one approximately 950-square-foot, 2-bedroom, 1-bathroom unit. Parking includes a 2-car garage for the front residence, individual 1-car garages for each of the three additional units, and additional rear parking. Located in Santa Ana near South Coast Plaza, shopping, dining, entertainment, and major employment centers, with convenient access to the 405 and 55 Freeways. The property offers four residential units, recent exterior improvements, multiple garage spaces, and a central Orange County location.

2601 W Juniper, Santa Ana

$1,825,000

NP26127122 MLS ⋅ Active Status

POTENTIAL SELLER FINANCING. An exceptional investment opportunity, this turnkey 4-unit multifamily property near the Santa Ana Civic Center offers immediate, stabilized cash flow with minimal deferred maintenance. Built in 1983 and extensively renovated in 2024, the asset features a highly desirable mix of four spacious two-bedroom, one-bathroom units. Investors will benefit from significant recent capital expenditures, including modernized interiors, dual pane windows, new flooring, and refreshed fixtures throughout. Every unit boasts its own private balcony or patio and washer/dryer hookups. Situated in one of North Orange County’s strongest rental markets, the property provides excellent proximity to major employment hubs, transit options, and downtown dining. This low-maintenance asset is an ideal addition to any private portfolio or the perfect upleg for a 1031 exchange.

1610 W Civic Center, Santa Ana

$829,000

PW26130921 MLS ⋅ Active Status

Rare owner-user and investment opportunity in the heart of Santa Ana. 821 S. Orange Avenue is a duplex consisting of two 1-bedroom, 1-bathroom units, with one unit being delivered vacant at closing, allowing an investor to immediately capture market rents or an owner-occupant to offset housing costs with rental income. The property features individual garages, a spacious lot, and strong long-term rental demand driven by its central Orange County location. Situated minutes from Downtown Santa Ana, the Artist Village, government and employment centers, shopping, dining, and public transportation, the asset benefits from excellent connectivity to the I-5, SR-55, and SR-22 freeways. With stable in-place income, immediate upside through lease-up of the vacant unit, and continued demand for affordable rental housing in a supply-constrained market, this property offers an attractive flexibility and future appreciation potential.

821 S Orange, Santa Ana

$1,150,000

PW26118319 MLS ⋅ Active Status

Discover the possibilities with this versatile two unit property located near Santa Ana’s thriving downtown district. Offering two separate residences on one parcel, this property presents exceptional potential for owner occupants, investors or those seeking a live/work opportunity. The front residence features approximately 1,750 SF of living space with 5 bedrooms and 1.5 bathrooms. Thoughtfully updated, the home showcases dual-pane windows, hardwood flooring, two fireplaces, a well-appointed kitchen and an abundance of natural light throughout. A covered patio extends the living space outdoors, ideal for relaxing or entertaining. Privately situated behind the garage, the second residence offers approximately 750 SF feet with 2 bedrooms and 1.5 bathrooms. Both residences are well maintained and designed for comfortable living with functional layouts. Each unit enjoys its own private yard and laundry area, along with shared access to a spacious 2 car garage and ample on site parking. The expansive approximately 9,583 SF lot provides exceptional flexibility, privacy, future potential and is enhanced by mature fruit trees including orange, lemon, fig, and persimmon. Whether generating rental income, accommodating extended family or occupying one unit while leasing the other, this property offers outstanding versatility and long term value. The property is also zoned for professional use; buyers are advised to verify permitted uses directly with the City of Santa Ana.

1514 E 4th, Santa Ana

$1,350,000

PW26115856 MLS ⋅ Active Status

The Buffalo Avenue duplex apartment building is located in a sought after, but rarely available location in unincorporated Santa Ana. It sits within the North Tustin School District (Hewes Middle School & Foothill High School) making the property an ideal fit for an owner user or investor looking for a long term hold in a coveted location. The duplex structure is 2,630 square feet and features two large 3 bedroom 2 bathroom units. The property was completely re-piped with a lifetime warranty in 2016 and the kitchen of the 2210 apartment was remodeled in 2021. Both HVAC units have been upgraded as well. Tenants enjoy garage parking, back yard area (2210 unit), large patio (2212 unit), air conditioning, laundry hookups, dishwashers, and updated flooring.

2210 E Buffalo, Santa Ana

$1,950,000

PW26103891 MLS ⋅ Active Status

3 Units New Building. Will be completed end of October. Two Building in one lot. Front Building 5 Bedroom 4 Baths, with a Junior ADU, 1 Bedroom One bath on top of garage. Two Car attached Garage. Second Building, Back Unit ADU, is Two bedrooms One Bath. Separate Electricity & water. Units asre All Electric with Solar system that are paid for. Next Door 2119 S. Broadway is same flor plan on A separate Lot, Can be sold together or separately. Total as 6 units or two triplex.

2117 S Broadway, Santa Ana

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