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$ 3,895,000
Est. payment /mo
Active
1515 N Dresser Street Santa Ana, CA 92701
11,832 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,832 sqft
Price per Sqft $329
MLS Listing ID CRNP25130863
HOA Y/N No
Year Built 1984
Lot Size 0.265 Acres
Acres 0.26
Property Sub-Type Other
Property Description
Prime multifamily investment opportunity in the heart of Downtown Santa Ana’s French Court neighborhood. A well-maintained 19-unit property consisting of a mix of one- and two-bedroom residences. Each unit offers private outdoor space, gated tandem parking, and access to onsite laundry. Select units have been updated with modern finishes, offering immediate appeal to renters and potential for increased income. Located in a highly walkable area, the property is within close proximity to local schools, shopping, dining, and entertainment. Easy access to the 5, 55, and 22 freeways connects residents to all of Orange County. With current rents below market, there is long-term upside for the next owner through strategic management and continued unit upgrades. This is a rare opportunity to acquire a stabilized asset in one of Orange County’s most dynamic rental markets.
Location
State CA
County Orange
Interior
Fireplace No
Laundry Common Area
Exterior
View Y/N true
View Mountain(s), Other
Building
New Construction No
Others
Tax ID 39814218
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Listed by Chris Moreno • Surterre Properties Inc.