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Listed by Chris Moreno • Surterre Properties Inc.
$ 4,400,000
Est. payment /mo
Active
1515 N Dresser ST Santa Ana, CA 92701
0.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25130863
Year Built 1984
Lot Size 0.265 Acres
Source California Regional MLS
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
Area 70 - Santa Ana North Of First
Interior
Laundry Washer/Dryer - Owned, Community Facility
Exterior
Parking Features Underground Parking
Garage Spaces 19.0
Pool 31, None
View Hills, Local/Neighborhood, Other
Building
Water District - Public
Others
Tax ID 39814218
Special Listing Condition Not Applicable
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