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Listed by Randall Mycorn, DRE #02078223 • R L M Equities
$ 2,050,000
Est. payment /mo
Contingent
810 S Flower Santa Ana, CA 92703
9,259 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRNP26200094
Year Built 1982
Lot Size 9,259 Sqft
Source California Regional MLS
Property Description
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
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Laundry Area
Exterior
Garage Spaces 14.0
Pool None
Building
Water District - Public
Others
Tax ID 01019227
Special Listing Condition Not Applicable , Accepting Backups
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