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

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

$1,100,000

PW26152829 MLS ⋅ Coming Soon 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

$1,449,000

OC26155320 MLS ⋅ Active Status

An Exceptional Value+Add Opportunity on Nearly Half an Acre! Rare opportunity to acquire one of the largest Residential Income parcels currently available in this price range in central Orange County. This approximately 18,000 sq. ft. (0.41-acre) Residential Income property features two detached single-story homes on one expansive lot in a prime central Santa Ana location near Fairview, South Coast Metro, shopping, dining, Santa Ana College, major freeways, and employment centers. This unique property offers tremendous flexibility for investors, developers, contractors, or owner-users. The homes feature updated kitchens and remodeled bathrooms, individual gas and electric meters, private yard areas, and ample on-site parking. The oversized lot presents outstanding long-term potential for renovation, expansion, redevelopment, or future improvements. Whether you're seeking a value-add investment, multi-generational living, or a property with significant land value and future upside, opportunities like this are increasingly difficult to find. Conveniently located near the 22, 57, and 5 Freeways with excellent access to South Coast Plaza, Downtown Santa Ana, and Orange County's major employment corridors. Properties with this combination of lot size, location, and future upside rarely become available. Don't miss this exceptional investment opportunity, which is sure to please!

2430 W 6th Street Unit A&B, 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

$1,250,000

PW26160740 MLS ⋅ Active 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 three two-bedroom/one-bath homes, including three single-story units and one large one bedroom 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

$3,840,000

OC26157854 MLS ⋅ Active Status

Brand New 2026 Construction Exempt from Rent Control for the First 15 Years. Exceptional opportunity to acquire a newly constructed townhome community in the heart of Orange County. The property features five spacious 3 bedroom, 2.5 bathroom townhomes, each appointed with luxury finishes, oversized two car garages, private two car driveways, large private patios, and ample guest parking within a gated community. This turnkey, low maintenance investment offers modern construction, minimal deferred maintenance, and strong long term rental growth potential in a highly desirable central Orange County location. Situated within an Opportunity Zone, this asset combines the benefits of new construction with an outstanding location, making it an exceptional addition to any investment portfolio.

1113 N. Bewley, Santa Ana

$1,050,000

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

$1,250,000

PW26155728 MLS ⋅ Active Status

We are pleased to present 1621 S. Cedar Street, a four-unit investment opportunity located in the heart of Central Santa Ana. The property features an attractive unit mix of three two-bedroom/one-bath homes, including three single-story units and one large one bedroom 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.

1621 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. 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

$829,000

IV26142843 MLS ⋅ Pending Status

One of those investment opportunities in Santa Ana that has multiple ways to create value. Located in an area with strong rental demand and low vacancy, this property sits on a large, usable 7,000 sq. ft. lot with plenty of room to grow. The property consists of three units: 2-bedroom 1-bath unit, a 1-bedroom 1-bath unit, and a move-in-ready studio above the rear garage. Continue collecting income from the occupied 2-bedroom unit while renovating the front 1-bedroom unit and maximizing the studio's rental potential to achieve top market rents. This flexible setup makes it an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking to maximize cash flow at market rates. The real story here is the upside. The property includes two separate garage structures that may offer future ADU conversion potential (buyer to verify), giving buyers the opportunity to add additional units and increase income over time. With some improvements, the property has the potential to bring in approximately $6,200 per month in gross rental income. Large lots, multiple units, ample parking, and future development potential are getting harder to find in Santa Ana. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while collecting rent from two additional units, this property offers flexibility with room to improve and grow.

924 S Broadway, Santa Ana

$1,089,000

SR26142662 MLS ⋅ Active Status

Exceptional opportunity to own a well-maintained duplex in the heart of Santa Ana. Located at 4617-4619 W. 3rd Street, this income-producing property offers two separate residences, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking steady rental income with significant upside potential. Each unit features its own private entrance, functional floor plan and dedicated living spaces designed for comfort. The property and surrounding neighborhood offer ample parking for added convenience and tenant appeal. In addition a large side yard / backyard area makes it ideal for young families or backyard grillers. Conveniently situated near shopping, dining, schools, parks and major freeways, this centrally located property provides easy access to all that Orange County has to offer. Whether you are looking to expand your investment portfolio or purchase a property with long-term income potential, this is an opportunity you wont want to miss.

4619 W 3rd, 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

$3,000,000

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

$1,179,000

5 Beds ⋅ 3 Baths ⋅ PW26138242 MLS ⋅ Active Status

Excellent investment opportunity in Santa Ana! This income-producing triplex offers three separate units on a large lot with ample parking and strong rental potential. Unit A, the front downstairs unit, features a spacious 1-bedroom, 1-bath floor plan. Unit B, located upstairs, offers 2 bedrooms and 1 bathroom. Unit C, the rear unit, also features 2 bedrooms and 1 bathroom. Each unit is separately metered for gas and electricity, providing convenience for both owners and tenants. Units B and C each include an enclosed garage. The property is currently tenant-occupied, generating monthly rental income. Situated on a generous lot, this property is within walking distance to parks, schools, churches, shopping, restaurants, and other local amenities. Conveniently located near the 55 and 405 freeways, this is an excellent opportunity for investors seeking steady cash flow or owner-occupants looking to live in one unit while generating rental income from the others. Don't miss this chance to own a versatile multi-unit property in a desirable Santa Ana location.

608 E Central Avenue, Santa Ana

$1,750,000

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

$1,179,000

PW26136122 MLS ⋅ Active Status

Excellent investment opportunity in Santa Ana! This income-producing triplex offers three separate units on a large lot with ample parking and strong rental potential. Unit A, the front downstairs unit, features a spacious 1-bedroom, 1-bath floor plan. Unit B, located upstairs, offers 2 bedrooms and 1 bathroom. Unit C, the rear unit, also features 2 bedrooms and 1 bathroom. Each unit is separately metered for gas and electricity, providing convenience for both owners and tenants. Units B and C each include an enclosed garage. The property is currently tenant-occupied, generating monthly rental income. Situated on a generous lot, this property is within walking distance to parks, schools, churches, shopping, restaurants, and other local amenities. Conveniently located near the 55 and 405 freeways, this is an excellent opportunity for investors seeking steady cash flow or owner-occupants looking to live in one unit while generating rental income from the others. Don't miss this chance to own a versatile multi-unit property in a desirable Santa Ana location.

608 E Central Avenue, Santa Ana

$849,000

OC26130408 MLS ⋅ Active Status

Exceptional Investment Opportunity in the Heart of Santa Ana – Fully Remodeled Vacant Duplex with Approved ADU Plans! Welcome to this beautifully renovated and completely vacant duplex in the heart of Santa Ana, offering an incredible opportunity for investors and owner-occupants alike. This turnkey property features two fully remodeled units, each offering approximately 520 square feet of living space with 1 bedroom, 1 bathroom, a full kitchen, and a dedicated laundry area. No expense was spared in the renovations. Both units showcase brand-new luxury vinyl flooring, stylish tile flooring in the bathrooms, brand-new kitchen cabinetry, new appliances including refrigerators, fresh interior and exterior paint, all-new stucco work, brand-new dual-pane windows, and energy-efficient mini-split air conditioning systems. Every detail has been thoughtfully completed, making these units move-in ready and positioned to command top market rents immediately. The opportunity doesn't stop there. The property comes with fully approved plans to convert the existing garage into an approximately 406-square-foot, 1-bedroom, 1-bathroom ADU. Once completed, this will transform the property into a highly desirable three-unit income-producing asset with significant upside potential and increased cash flow. Located in a prime Santa Ana location close to shopping, dining, schools, and major freeways, this is a rare chance to acquire a turnkey multi-family property with built-in expansion potential and immediate income opportunities.

401 S Garnsey Street, Santa Ana

$1,325,000

PW26133497 MLS ⋅ Active Status

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

$960,000

OC26132747 MLS ⋅ Active Under Contract Status

Welcome to 717 N. Lacy Street, a terrific value-add triplex opportunity, that sits just outside Historic French Park, in one of the most premium locations in all of Santa Ana. First time on the market since this property was constructed in 1986, we have on offer three units across two separate buildings that are connected by an upper walkway. The unit mix consists of one 3 bedroom/1.5 bath, one 2 bedroom/1.5 bath and one 2 bedroom/2bath. All units come with private, in-unit laundry and oversized 2 car garages. There is also a single garage space that is being rented out additionally per month as well as an unused storage room that presents opportunity for expansion. Build an ADU out of the storage room or even the garages to enhance the value of this property! Right next door to St. Joseph's Elementary School, walking distance to Downtown and the train station, there is shopping, restaurants, and 5 freeway access right at the front door of this location. Call us today more information, to make a tour and secure this property for yourself!

717 N Lacy, Santa Ana

$899,000

PW26131832 MLS ⋅ Active Under Contract Status

Welcome to 1512 Maple St and 333 E Stanford St. These two houses are situated on a single lot, each with its own private, fenced yard. Each property has 2 bedrooms and 1 bath. Perfect as a long-term investment, or live in one and rent the other, or any other arrangement you find suitable for your needs. 333 E Stanford St has been completely remodeled and is ready for immediate move-in, and includes a 2-car detached garage with ADU potential for additional income. 1512 S Maple St has tenants in place, providing instant mortgage assistance. There is plenty of parking, and the garage also features a laundry area inside. The property won’t disappoint. Hurry, it won't last.

1512 S Maple Street, Santa Ana

$1,850,000

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

$899,000

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

$1,399,900

PW26130655 MLS ⋅ Active Status

Nice 4plex near South Coast Metro area od Santa Ana. The property is in a very nice shape, so many upgrades including 4 new mini split ACs. 4 single car garages and 3 parking spots.

2516 S Rosewood, Santa Ana

$16,750,000

OC26129355 MLS ⋅ Active Status

Vista Royale Apartments is a well-maintained 55-unit multifamily community located in Santa Ana's highly desirable Floral Park neighborhood, directly across from Willard Elementary School and less than one mile from Downtown Santa Ana. The property benefits from strong renter demand, excellent regional connectivity, and proximity to major employment, retail, and entertainment destinations. Built in 1987, the community consists of 7 one-bedroom units and 48 oversized floorplans featuring one bedroom, two bathrooms, and a den, effectively competing with traditional two-bedroom, two-bathroom apartments. These unique units also feature dual private balconies, a rare amenity that enhances resident appeal and supports rental growth. Offered at an attractive 5.84% capitalization rate, Vista Royale provides immediate cash flow with approximately $235,000 in loss-to-lease, creating a clear opportunity to increase revenue through continued rent growth. The property is exceptionally efficient from an operational standpoint, with 100% separate gas and electric metering and a well-established RUBS program that recovers a substantial portion of water and trash expenses. Ownership has also recently completed both the SB 721 inspection and the City of Santa Ana Fire Department sprinkler inspection, minimizing near-term compliance and capital expenditure concerns. Combining strong in-place income, meaningful rental upside, proven expense recoveries, and a premier Orange County location, Vista Royale offers investors a compelling opportunity to acquire a high-quality multifamily asset with durable cash flow and long-term appreciation potential. The property may also be acquired together with the neighboring 45-unit apartment community plus two non-conforming units located at 502 East 6th Street, creating a rare 102-unit portfolio opportunity in one of Orange County's most desirable rental markets.

1327 N Ross, Santa Ana

$899,000

PW26127412 MLS ⋅ Active Status

GREAT INVESTMENT OPPORTUNITY TO OWN THIS DUPLEX ON A 6,098 SQFT. LOT WITH LONG-TERM TENANTS IN PLACE! THE PROPERTY HAS BEEN MODERATELY UPGRADED IN RECENT YEARS, INCLUDING A NEW ROOF INSTALLED JUST TWO YEARS AGO. TENANTS IN BOTH UNITS PAY RENT VIA DIRECT DEPOSIT INTO THE OWNER’S ACCOUNT. CONFIGURED AS A FRONT AND BACK HOUSE, THE PROPERTY FEATURES A SHARED ENTRYWAY LEADING TO EACH UNIT. EACH UNIT INCLUDES 2 BEDROOMS, 1 BATHROOM, A COMFORTABLE LIVING SPACE, AND A FUNCTIONAL KITCHEN. THE HOMES OFFER SEPARATE UTILITIES (EXCEPT WATER). LOCATED IN A DESIRABLE AREA WITH EASY ACCESS TO AMENITIES AND TRANSPORTATION, THIS DUPLEX REPRESENTS EXCELLENT VALUE FOR A SAVVY BUYER.

3510 & 3512 W Pine Street, Santa Ana

$1,499,000

PW26126999 MLS ⋅ Active Status

Great opportunity to own a well-maintained 4-plex. The property consists of 1 3-bedroom 2-bath unit, 2 2-bedroom 2-bath units and a spacious 1-bedroom 1-bath unit. The 3-bedroom unit was just vacated, and the seller used the opportunity to fully refresh the space with a new kitchen, updated bathrooms, mirrored wardrobe closets, a new sliding door, and new flooring throughout thus positioning a new owner to maximize the unit’s rental potential. Other recent improvements include new dual pane vinyl windows throughout and the recently painted exterior. PLEASE DO NOT DISTURB TENANTS. UNITS TO BE TOURED WITH ACCEPTED OFFER.

2318 Franzen, Santa Ana

$1,349,000

4 Beds ⋅ 4 Baths ⋅ PW26125368 MLS ⋅ Active Status

Excellent opportunity to acquire a well-maintained, fully leased 4-unit residential income property in a central, high-demand Santa Ana location. All units are fully occupied, providing immediate cash flow and stable, long-term tenancy. Each unit has been tastefully updated and offers desirable features such as fresh interior paint, recessed lighting, modern wood-style flooring, and remodeled kitchens with granite countertops, white cabinetry, and stainless-steel appliances. The units enjoy bright, open layouts with upgraded bathrooms showcasing contemporary tile finishes and fixtures. The property includes on-site community laundry facilities, adding convenience for residents. Driveway parking is available for tenants. Located near major freeways, shopping, dining, schools, and employment centers, this multifamily asset benefits from strong rental demand and consistent occupancy.

825 S Shelton Street, Santa Ana

$1,349,000

PW26124563 MLS ⋅ Active Status

Excellent opportunity to acquire a well-maintained, fully leased 4-unit residential income property in a central, high-demand Santa Ana location. All units are fully occupied, providing immediate cash flow and stable, long-term tenancy. Each unit has been tastefully updated and offers desirable features such as fresh interior paint, recessed lighting, modern wood-style flooring, and remodeled kitchens with granite countertops, white cabinetry, and stainless-steel appliances. The units enjoy bright, open layouts with upgraded bathrooms showcasing contemporary tile finishes and fixtures. The property includes on-site community laundry facilities, adding convenience for residents. Driveway parking is available for tenants. Located near major freeways, shopping, dining, schools, and employment centers, this multifamily asset benefits from strong rental demand and consistent occupancy.

825 S Shelton Street, Santa Ana

$485,000

2 Beds ⋅ 1 Baths ⋅ PW26120182 MLS ⋅ Pending Status

This is the one you've been waiting for! No one above! No one below! Private end unit! Turnkey! Garage! Upgraded kitchen and bath! 2 Bedrooms + Bonus space! Welcome to this recently upgraded and move-in-ready end-unit home offering 2 bedrooms, 1 bathroom, approximately 804 square feet of living space. With no neighbors above or below, you'll enjoy a peaceful and comfortable living environment rarely found at this price point. Bathed in natural light, this bright and inviting home features dual-pane vinyl windows throughout, recessed lighting, and stylish neutral-colored flooring that creates a warm, modern, and airy atmosphere. The open layout is perfect for everyday living and entertaining alike. Upgraded kitchen and bathroom. Additional improvements include new baseboards, updated electrical outlets, flat-screen TV connections, recessed lighting throughout, and a newly installed EV charger with upgraded electrical service in the garage and convenient garage door opener. A versatile bonus space provides endless possibilities and can be used as a home office, study area, storage room, hobby space, or even a laundry room. Parking is a breeze with one dedicated space in the shared two-car enclosed garage and an additional assigned parking space conveniently located directly below the unit. Residents also enjoy access to the community pool, while the HOA covers water and trash for added value and convenience. Ideally situated near the 5 and 55 Freeways, Old Town Tustin, shopping, dining, parks, schools, and entertainment, this home offers the perfect combination of comfort, convenience, and location. Whether you're a first-time homebuyer, downsizing, or looking for an excellent investment opportunity, this turnkey property checks all the boxes. Don't miss your chance to own this exceptional home—it won't last long!

1708 Normandy Place Unit D, Santa Ana

$1,000,000

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

$849,000

PW26114732 MLS ⋅ Active Status

Welcome to the Gowdy House, a classic Craftsman triplex located in the highly sought-after Historic French Park neighborhood and designated as a contributive property on Santa Ana’s Historic Properties list, check for possible qualification for Mills Act. Rich in character and architectural charm, this is a rare opportunity to own a piece of local history with strong income potential. The property features three units: Unit A is a spacious ground-level residence of approximately 1,027 sq ft(buyer to verify), offering 2 bedrooms with a Jack-and-Jill layout, 1 1/4 bath, a formal living room, dining area with built-in buffet, as well as a separate laundry room and pantry. Unit B is located upstairs and is approximately 725 sq ft(buyer to verify), configured as a 1-bedroom, 1-bath with potential to easily create a second bedroom. Unit C is a downstairs studio unit of approximately 312 sq ft(buyer to verify), ideal for additional income or flexible use. An exceptional opportunity for an owner-user, this “live in one and rent the others” setup provides the ability to offset your mortgage while enjoying the character of a historic home, with added flexibility for multigenerational living. Investors will be drawn to the triplex layout, delivering multiple income streams and significant upside through cosmetic improvements and potential ADU expansion (buyer to verify). Additional features include a welcoming front porch, basement for added storage or potential use, and a detached rear storage structure that may offer ADU conversion potential (buyer to verify with the City). Recent improvements include an updated electrical panel and subpanel. This is a fixer with tremendous upside in one of Santa Ana’s most desirable historic neighborhoods.

831 French Street, Santa Ana

$1,275,000

PW26115970 MLS ⋅ Active Status

We are pleased to present the opportunity to acquire a turnkey investment property located at 626 E. 3rd St. in Santa Ana. The property consists of four (4) fully updated one-bedroom one-bathroom units that have undergone significant interior and exterior renovations by the current owner. Property upgrades include new appliances, flooring, kitchens, bathrooms, doors, double-pane windows, paint, and A/C units, all of which have been completed to code. A new owner will benefit from all units currently achieving market rents in addition to a recent rental increase for two units, allowing for ease of management and future annual rental increases in accordance with the City of Santa Ana rent control guidelines. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. The property exudes pride of ownership and is ideally situated within walking distance of Downtown Santa Ana. The asset also benefits from a large ±6,141 SF lot and is zoned SD-84, which may allow for the addition of more units to the site - buyer to verify with the City of Santa Ana. Additionally, the property is conveniently located near public transportation, including Amtrak and Metrolink stations nearby. Residents are within walking distance to numerous downtown amenities, including 4th Street Market, The Copper Door, The Yost Theater, The Frida Cinema, Santa Ana Zoo, Main Place Mall, Riverview Golf Course, along with a variety of restaurants, entertainment, and nightlife destinations. The property also offers convenient access to the 5, 55, and 22 freeways, providing an easy commute throughout Orange County and surrounding areas.

626 E 3rd, 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 September. 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. Back Unit , ADU is Two bedrooms One Bath. Separate Electricity & water. Units asre All Electric. Solar paid for. Next Door 2119 S. Broadway is same flor plan with same price. Can be sold together or separately. Total as 6 units or two triplex.

2117 S Broadway, Santa Ana

$1,200,000

PW26101916 MLS ⋅ Active Status

2 Unit Property Great For Investors. Front unit 2 beds 1 Bath and Rent $2100/mo. Back Unit 3 beds 2 baths rent $2350/mo. This is a Great investment with Positive Cash Flow. Property is being Sold AS-IS. Tenants pay Electric, Gas, & Water. Offer Subject to Interior Inspection.

1314 N Bewley Street, Santa Ana

$775,000

PW26101631 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

$1,270,000

OC26097142 MLS ⋅ Active Status

Excellent opportunity to own a well-located income property in the highly desirable 92705 zip code in Santa Ana. Situated on a quiet residential street, this multifamily asset offers approximately 2,280 square feet of living space with R-2 zoning, providing flexibility for duplex or small multifamily use. Built in the 1970s, the property is surrounded by a stable mix of single-family homes and multifamily residences, contributing to consistent rental demand. The location offers strong tenant appeal with a walkable setting near shopping, dining, and everyday conveniences along 17th Street and Tustin Avenue. Easy access to the 55 and 22 freeways allows for convenient commuting throughout Orange County, including nearby employment hubs in Irvine, Costa Mesa, and Anaheim. Current rents present upside potential relative to market averages, offering investors the opportunity to increase income through interior updates and operational improvements. Ideal for both owner-users and investors seeking stable cash flow with long-term appreciation in a high-demand area. Don’t miss this chance to acquire a desirable duplex in one of Santa Ana’s most sought-after neighborhoods.

2229 Ponderosa, Santa Ana

$1,795,000

OC26078493 MLS ⋅ Active Status

opportunity to acquire a large 4 Plex-unit All unit 3 Bedroom 2 Bath Townhouse Style locates in South Santa Ana near by South Coast Metro area, fone bedroom and one bathroom on the First floor. Units A and B offer private patios, large front yards, and 2-car garages, while Units C and D include a bonus storage room ideal for an office or additional room. Units C and D each have one assigned parking space in the back, with plenty of additional street parking available for residents and guests. The property is situated behind a quiet residential neighborhood, offering a desirable living environment for tenants. All/Most residents have been in place for over 10 years, all on month-to-month leases.

2211 S Fairview, Santa Ana

$1,500,000

IV26088363 MLS ⋅ Active Status

Welcome to 1250 W 2nd St, Santa Ana – Investment Opportunity!!! Well-maintained triplex featuring three spacious 2-bedroom, 1-bath units, each offering functional layouts and strong rental appeal. The property includes individual garage parking for each unit along with a convenient on-site community laundry facility. Ideally situated along the Bristol Street Corridor, the property is approximately one mile from Santa Ana College and the Eddie West Field/Santa Ana Stadium. Tenants enjoy close proximity to a variety of shopping, dining, and entertainment options. This prime location benefits from excellent connectivity to Downtown Santa Ana and 4 miles to South Coast Plaza Shopping Center. Commuters will appreciate the convenient access to both the I-5 and SR-22 freeways. This property represents an ideal investment opportunity with a stable unit mix in a high-demand rental market.

1250 W 2nd, Santa Ana

$2,200,000

13 Beds ⋅ 10 Baths ⋅ 26713283 MLS ⋅ Active Under Contract Status

Opportunity to acquire a 9-unit multifamily asset in central Orange County, featuring spacious one- and two-bedroom units averaging 867 SF. With rents resettable to market upon vacancy under Santa Ana Rent Control, the property is positioned to exceed a 7% market cap rate. Located in an Opportunity Zone with recent capital improvements including a new roof, updated windows, and a passed SB 721 inspection. Community amenities include on-site laundry and 9 garage spaces. Conveniently located near the 5 Freeway, N. Flower St., and W. Washington Ave.

1027 N Parton Street, Santa Ana

$1,499,000

PW26076953 MLS ⋅ Active Status

Great opportunity for long term income. TENANTS PAY for WATER, ELECTRICITY, and GAS. All Units are occupied. Unit #4 and #2 is remodeled with modern style. This single building structure four-plex offers 2 units up and 2 units down, all unites are identical structure. Each unit comes with 2-Bedroom, 1-Bathroom. Property has new roof, new waterproof decking, new paint. Enclosed garage with 4 parking spaces plus 4 open parking spaces. There is more parking in the space between the garage and the building. Easy access to 55 and 5.

1714 Evergreen Street, Santa Ana

$1,649,000

PW26071918 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. 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

$6,299,850

OC26051318 MLS ⋅ Active Status

VALUE ADD OPPORTUNITY! ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! SUBMIT ALL OFFERS!! We are pleased to offer for sale this well-located gated property in the highly desirable Prime Historic French Park area. This property is also close to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This gated community is located minutes to Downtown Santa Ana, the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community is individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! SUBMIT ALL OFFERS!!

717 N Garfield Street, Santa Ana

$4,199,900

OC26051314 MLS ⋅ Active Status

VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!! ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! We are pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This property is located just minutes away from the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1978 construction community is individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! SUBMIT ALL OFFERS!! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.

1416 N Spurgeon Street, Santa Ana

$457,000

IG26068145 MLS ⋅ Active Status

Welcome to 1001 W Stevens #157, a condo offering comfort and convenience in the heart of South Coast Metro. This inviting home features hardwood flooring, creating a warm and cohesive living space. The kitchen is complete with quartz countertops and updated cabinetry. The bathroom has also been refreshed with an updated vanity and bathtub. Enjoy your own private back patio, an ideal space for morning coffee, outdoor dining, or simply unwinding in a quiet setting. Additional improvements include an updated mini-split system for efficient, year-round climate control. The condo includes one assigned parking space along with an additional parking placard for guest use. Ideally located, this home is just minutes from world-class shopping and dining at South Coast Plaza, along with a wide variety of nearby restaurants, cafes, and entertainment options. With easy access to major freeways, commuting and exploring all that Orange County has to offer is effortless.

1001 W Stevens Avenue Unit 157, Santa Ana

$1,199,900

PW26066928 MLS ⋅ Active Status

Great Triplex Opportunity!!! Single Family detached Home 3 Bedroom 1 Bathroom, Large Bedrooms, Remodeled Bathroom and a Generous Dining Room. 10 foot ceilings. Inside Laundry Room. Front House with fairly new roof, 1-2 years old. Duplex in the rear in good condition; 1 Bedroom 1 Bathroom both with inside laundry. 600 Sq Ft each back unit. 3 Car Garage

406 E Walnut, Santa Ana

$5,038,880

OC26051558 MLS ⋅ Active Status

This value add community is located between the highly desirable French Park & Floral Park neighborhood. This property is minutes away from an Elementary School, Santa Ana College, Shopping/retail, Restaurants/Dining, and the 5 freeway. This property is also in close proximity to the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community consists mostly of one bedroom floor plans & studio units and individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has an on site laundry room and plenty of parking space (garages & covered gated parking) for the tenants. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.

1910 N Spurgeon, Santa Ana

$1,200,000

PW26048129 MLS ⋅ Active Status

Amazing Income Producing Two-on-a-Lot Opportunity + Private Pool + Solar + Easy Freeway Access Nestled in the heart of Santa Ana’s highly sought after 92701 corridor, this rare two-on-a-lot property is a must-see gem for savvy investors or large families seeking flexible living space and strong income potential. Boasting a main residence, a bachelor apartment, and a permitted playroom, with a private pool and expansive outdoor space perfect for entertaining, relaxing, or supplemental rental income. Key Highlights: Fully rented and income producing, exceptional tenant demand in a central, commuter-friendly location. Private pool a standout amenity for tenant attraction or family enjoyment. Solar panels energy-efficient and cost-saving, adding both sustainability and buyer appeal. 6 dedicated parking spaces unmatched convenience in Santa Ana’s urban market. Easy access to the I-5 Freeway, making this a commuter-friendly hub for tenants and owners alike. Great for multi-generational living or effective portfolio addition combine owner use with income generation. Whether you’re an investor seeking a solid cash-flow asset or a homeowner wanting flexible living with built-in return, this versatile property delivers with potential for appreciation and turnkey stability in a central Orange County location.

626 N Grand, Santa Ana

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