Refine Search
Map
Sort by
$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
$1,179,000
PW26136122 MLS ⋅ Pending 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
$1,195,000
PW26133497 MLS ⋅ Active Status
Price reduced $130K! 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!** Welcome to **2601 W. Juniper Street**, an exceptional income-producing property offering the perfect blend of owner-occupant appeal and long-term investment potential. FRESH UPGRADES! ROOF, EXTERIOR PAINT, House turnkey! READY For investment income! The front residence is a spacious approximately 1,700 square feet **3-bedroom, 2-bathroom home** that has been thoughtfully updated with **new carpet, fresh interior paint, new flooring, new bathroom fixtures, and reglazed tubs/showers**, providing a move-in-ready living space. The remaining three units are all slightly under 1000 square feet**2-bedroom residences**, including **two 2-bedroom, 2-bathroom units** and **one 2-bedroom, 1-bathroom unit**, offering desirable layouts that appeal to a wide range of tenants. Parking is a standout feature of this property, with a **2-car garage for the front house**, **individual 1-car garages for each of the three rental units**, additional rear parking, and ample street parking—an incredible amenity that's hard to find in multifamily properties. The property has also benefited from a **recently updated roof** and additional cosmetic improvements, including **fresh exterior paint** and other enhancements that will further elevate its curb appeal. Ideally situated in the heart of Santa Ana, this property is just minutes from **South Coast Plaza**, premier shopping, dining, entertainment, and major employment centers, with convenient access to the **405 and 55 Freeways** for an easy commute throughout Orange County. Whether you're an investor seeking a quality addition to your portfolio or an owner-occupant looking to offset your mortgage with rental income, this property checks all the boxes. **This is a true gem with excellent income potential, desirable unit mix, abundant parking, and an unbeatable location. Opportunities like this are rare—don't miss your chance to own this outstanding fourplex!**

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
$1,389,900
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
$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
$1,325,000
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
$1,325,000
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
$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
$1,275,000
PW26115970 MLS ⋅ Active Under Contract 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
$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. So each unite come with 2 car parking spaces (1 in garage and 1 open space). Easy access to 55 and 5.

1714 Evergreen Street, Santa Ana
$1,589,000
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
$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
$774,000
OC26037982 MLS ⋅ Active Status
Property Generates $2200 a month! One unit delivered Vacant. Beautifully renovated duplex located in the heart of Santa Ana’s historic Heninger Park neighborhood. Situated on a desirable corner lot, this turnkey investment property offers charm, stability, and strong income potential in one of Santa Ana’s most established residential communities. Fully renovated in 2023 with permitted upgrades, the property features two single-story 1-bedroom, 1-bath units, thoughtfully designed side by side. Each unit offers approximately 648 square feet of well-appointed living space with modern finishes and functional layouts that appeal to today’s renters. Recent improvements include new water heaters, new dual-pane windows, energy-efficient mini-split A/C systems, fresh interior and exterior paint, tile flooring throughout, remodeled bathrooms, and beautifully upgraded modern kitchens. The renovations blend contemporary style with everyday comfort, creating a low-maintenance asset for years to come. The property is currently occupied by wonderful long-term tenants with rents at market value and upside potential for future increases, making this an excellent opportunity for both seasoned and first-time investors seeking stable cash flow. Additional features include a one-car garage space with an extended driveway for additional parking. The garage structure is shared with the neighboring property, offering practical functionality while maintaining separation between units. Ideally located within walking distance to restaurants, retail shops, and local schools, this duplex offers convenience and neighborhood charm in a prime central location. 604 S. Van Ness Avenue is a rare opportunity to own a fully renovated, income-producing property in a historic neighborhood known for its character and strong rental demand. A truly turnkey investment with great tenants already in place.

604 S Van Ness Avenue, Santa Ana
$1,850,000
PW26037880 MLS ⋅ Active Status
Motivated Seller - Welcome to your next lucrative real estate investment in Santa Ana. This well maintained property features 8 units, a mix of 1 and 2 bedrooms, all currently occupied by long term tenants. This property offers 2 level walk up courtyard design that offers 9 parking spaces and separate community laundry facility. WOW under $250k per door!!! This property promises both stability and a huge potential for growth. Situated in a bustling location between and near the 55, 405 & 5 frwy, South Coast Plaza, Southern California beaches, UC Irvine, Chapman University, the neighborhood guarantees a high demand for rentals. Don't miss out on this chance to establish your your strong base and ownership in Southern California's thriving real estate market.

910 S Townsend, Santa Ana
$3,675,000
PW26035733 MLS ⋅ Active Status
This well-maintained 18-unit apartment community presents a compelling value-add opportunity in the heart of a rapidly evolving urban core. The property features all onebedroom units and offers desirable amenities including private garages, secured access, a central landscaped courtyard, and on-site laundry, creating strong tenant appeal. Recent capital improvements include new roofs, replaced electrical panels, and full SB 721 compliance, significantly reducing near-term maintenance and risk. Offered at an exceptionally attractive $204,167 per unit, the asset delivers impressive fundamentals with approximately ±31% rent upside, over ±13% cash flow on market rents, and projected ±30% equity growth upon stabilization. Situated blocks from Downtown Santa Ana and the vibrant 4th Street Market, residents enjoy walkable access to a thriving mix of dining, entertainment, nightlife, and cultural attractions, along with proximity to major employment centers and transit, making this an ideal location for tenants seeking both convenience and lifestyle.

116 S Orange, Santa Ana
$2,400,000
OC26030942 MLS ⋅ Active Status
1239 West Brook Street is a 12-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 12 one-bedroom one bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place operations. At the asking price, the property is offered at an 10.93 Gross Rent Multiplier and a 5.25% capitalization rate, providing an attractive basis with embedded upside through rental growth. Additional offerings within the Brook Street portfolio include 1227 West Brook Street (11 units), 1207-1213 West Brook Street (18 units), and 1221 West Brook Street (11 units). These four properties are structured to close concurrently; however, they may be purchased individually or in any combination, offering investors flexibility in structuring acquisition size and capital deployment. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways, supporting long-term rental demand and investment stability

1239 Brook Street W, Santa Ana
$2,900,000
OC26030916 MLS ⋅ Active Status
1227 West Brook Street is an 11-unit multifamily building within the Brook Street portfolio in Santa Ana, California. The two-story asset features a desirable, renter-oriented unit mix comprised of 11 two-bedroom one bath apartment units. The apartments are well laid out and consistent with the broader Brook Street community, offering functional floorplans and solid in-place operations. At the asking price, the property is offered at a 10.66 Gross Rent Multiplier and a 6.28% capitalization rate, providing an attractive basis with embedded upside through rental growth. Additional offerings within the Brook Street portfolio include 1235–1239 West Brook Street (12 units), 1207-1213 West Brook Street (18 units), and 1221 West Brook Street (11 units). These four properties are structured to close concurrently; however, they may be purchased individually or in any combination, offering investors flexibility in structuring acquisition size and capital deployment. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways, supporting long-term rental demand and investment stability

1227 W Brook, Santa Ana

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.