Located in a prime residential area near Heninger Park, renowned for its collection of early 20th-century homes, this 19-unit gated apartment building presents an excellent investment opportunity. Positioned at the edge of Santa Ana's historic downtown district, the property enjoys a desirable location in a thriving neighborhood. The building offers a diverse unit mix, featuring (16) 1-bedroom/1-bath units, (2) 2-bedroom/1-bath units, and a studio unit. The 1-bedroom units average 700 sq. ft. of living space, while the 2-bedroom units are approximately 900 sq. ft. Each unit boasts its own private patio or balcony, perfect for outdoor enjoyment. Additional amenities include an on-site laundry room and carport parking, providing convenience for residents. This property is a great opportunity for steady rental income in a sought-after Santa Ana location. Don't miss outconduct your due diligence today and seize the chance to invest in this income-generating gem!
Under contract
Price cut: $290K (2/25)
$4,500,000
510 S Flower St, Santa Ana, CA 92703
20beds
19baths
12,613sqft
Est.:
Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$357/sqft
$-- HOA
What's special
Private patio or balconyCarport parkingOn-site laundry room
- 128 days
- on Zillow |
- 26 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 06:50am
Listed by:
Christine Hong DRE # 01325115 310-433-5590,
Hilton & Hyland 310-278-3311,
Herbert L Mcgurk DRE # 01361267 310-739-5511,
Coldwell Banker Realty
Source: CLAW,MLS#: 25-476831

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 19
Heating
- Forced Air
Cooling
- Wall Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 12,613
- Total interior livable area: 12,613 sqft
Property
Parking
- Total spaces: 28
- Parking features: Attached, Covered, Community Structure
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Spa features: None
Lot
- Size: 0.43 Acres
- Dimensions: 75 x 245
Details
- Additional structures: None
- Zoning: R3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1979
Community & HOA
Location
- Region: Santa Ana
Financial & listing details
- Price per square foot: $357/sqft
- Tax assessed value: $5,533,500
- Date on market: 1/7/2025
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