Santa Ana Homes with Apartment Subtype

Welcome to Santa Ana, California – a vibrant city nestled in the heart of Orange County. Known for its rich history, diverse culture, and thriving arts scene, Santa Ana is a place where community spirit and modern conveniences blend seamlessly. With its picturesque neighborhoods, lush parks, and a bustling downtown area, Santa Ana offers an inviting atmosphere for families, professionals, and retirees alike.

One of the most appealing aspects of Santa Ana is its variety of housing options, particularly homes with apartment subtypes. These properties provide an excellent opportunity for those looking to invest in real estate or find a comfortable living space that can accommodate multiple generations or tenants. Imagine owning a charming home with an attached apartment, giving you the flexibility to host family members or generate rental income.

The city boasts a range of architectural styles, from classic Craftsman bungalows to contemporary multi-family units, ensuring there’s something for everyone. The neighborhoods are well-connected, with easy access to major highways, public transportation, and local amenities, making commuting a breeze.

Santa Ana is also home to a rich tapestry of cultural attractions, including the renowned Bowers Museum, the vibrant Artists Village, and the historic Old Orange County Courthouse. Enjoy weekend strolls through the city's parks or indulge in the diverse culinary scene that reflects its multicultural heritage.

Whether you’re seeking a cozy family home with an apartment to accommodate guests or an investment property to maximize your portfolio, Santa Ana is the perfect place to call home. Experience the charm and opportunity this dynamic city has to offer!

Newest Santa Ana Homes with Apartment Subtype

$1,900,000

OC26225906 MLS ⋅ Active Status

Unlock a rare, high-yield multifamily asset in the heart of Orange County. Located at 2732 W. Orion Ave, Santa Ana, this coveted "Covington Style" fourplex stands out as a prime investment built for strong rental demand and long-term appreciation. The diverse, high-occupancy unit mix features one 3BR/2BA, one 2BR/2BA, one 2BR/1.5BA, and one 2BR/1BA unit—all meticulously maintained, showcasing true pride of ownership. Investors can immediately boost their bottom line and maximize yields by implementing a RUBS system for water and trash utilities. Further driving tenant retention are four private, dedicated garages that offer lucrative secondary income potential. Positioned just minutes from world-class destinations like South Coast Plaza, Segerstrom Center, and John Wayne Airport, with effortless access to the 405, 55, and 5 freeways, this property commands premium rental rates.

2732 W Orion, Santa Ana

$1,999,999

OC26224584 MLS ⋅ Active Status

Attention investors: Cash flow meets massive upside in this fully occupied, turn-key Santa Ana fourplex! ???? This meticulously kept, two-story income property sits in a high-demand rental pocket, boasting a flawless 100% occupancy rate and a historical track record of virtually zero vacancies. The profitable unit mix features one massive 3-bed/2-bath unit, two spacious 2-bed/2-bath units, and one comfortable 2-bed/1-bath layout, totaling approximately 4,557 square feet of prime real estate. Sitting on an oversized lot, the building treats tenants to premium perks like secluded personal patios or balconies and an essential on-site laundry room. Parking is a breeze with 5 attached garage spaces plus 4 additional off-street spots. Positioned in a top-tier rental market, this building offers an incredible opportunity to immediately bump below-market rents and maximize your returns. Drive-by viewings only—please do not disturb the residents! ????

1031 W Central, Santa Ana

$2,100,000

PW26222716 MLS ⋅ Active Status

1109 S. Standard Avenue is a 10-unit multifamily investment property located on a major thoroughfare in Santa Ana, CA. Constructed with 6,004 net rentable square feet on a 7,303 square foot lot, the asset features a uniform unit mix of ten 1-bedroom / 1-bathroom units, on-site laundry facilities, and 10 open parking spaces. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs and railing replacements, new windows, new water heater, and new exterior paint, improving curb appeal and helping to minimize near-term capital expenditures. Situated directly next door to Gerardo Mouet Park, offering tenants basketball courts, a skate park, a playground, and exercise areas, the property provides immediate access to community amenities. Held by long-term ownership with a motivated seller, the property is offered at a discounted purchase price due to low current rents, presenting a compelling value-add opportunity with a 62% projected rental upside.

1109 S Standard Avenue, Santa Ana

$2,200,000

PW26222660 MLS ⋅ Active Status

809 S. Townsend Street is a 10-unit, 1961-vintage multifamily asset in Santa Ana totaling 6,840 SF of net rentable area on a 12,240 SF lot. The property is 100% occupied with a mix of six 1BR/1BA and four 2BR/1BA units, each with a private garage plus on-site laundry and ample street parking. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs, new railings, new windows, and a new water heater, improving curb appeal and helping to minimize near-term capital expenditures. Current rent levels project to have 57% upside, with an 8.5% pro forma cap rate on market rents. Long-term ownership and a motivated seller create a clear value-add path for investors seeking stable in-place income with substantial rental upside in a high-demand Orange County submarket.

809 S Townsend Street, Santa Ana

$2,540,000

PW26219588 MLS ⋅ Active Status

Excellent opportunity to acquire a 10-unit multifamily building on the border of Santa Ana and Tustin. Located at 549 N Tustin Ave, this multifamily asset was built in 1976. It offers ten large and well maintained 1 bedroom + 1 bathroom units. The building boasts a total of 7,040 gross rentable square feet and is part of a community of 35 similar buildings. The complex is managed by an HOA which staffs an on-site management office. Gated access, two pool areas, a large playground, off-street parking and on-site laundry facilities make the property particularly appealing for renters and landlords. The property conveniently located right on the border of Santa Ana and Tustin with onramps to both the 55 and 5 freeways a couple of minutes away. The property is walking distance to Subway Restaurant, Country Café, Noodle Place and more. Just to the North of the property are multiple hospitals and medical clinics offering convenient care and job opportunities. Sports fans will find the location particularly appealing due to its convenient location about fifteen minutes by car to The Honda Center and Angel Stadium. For the right investor, this multifamily asset represents a the perfect opportunity to generate years of steady cash flow with minimal management or maintenance responsibilities. With the HOA handling management, maintenance and leasing this is the perfect passive investment for an owner who is looking for a completely hands-off ownership experience. As units turn over, the upside in rental income will be easily achievable.

549 N Tustin Avenue, Santa Ana

$2,975,000

PW26219394 MLS ⋅ Active Status

409-415 E. Pine Street is a 12-unit multifamily property located in Santa Ana, CA, offering investors an opportunity to acquire a well-located Orange County asset. Built in 1983, the property consists of two contiguous parcels totaling 8,628 square feet of rentable area situated on a 14,000 square foot lot. The community features a desirable unit mix of four 1BR/1BA units and eight 2BR/1BA units, along with amenities including on-site laundry, gated entry, individual water heaters, and patios/balconies in select units. Recent capital improvements include roof restoration, HVAC replacements, water heater replacement, and interior updates to select units. The property is offered at a 6% CAP Rate on current income with 25% rental upside, providing investors with additional growth potential through continued upgrades, turnover, and rent increases.

409 E Pine Street, Santa Ana

$4,300,000

OC26212080 MLS ⋅ Active Status

7.28% Market CAP. 3.35% Current CAP. Only $215,000 per unit! We are pleased to present 1433-37 S Standard Ave, a 20-unit multifamily investment opportunity located in the heart of Santa Ana. The property features a desirable mix of one-bed and two-bed units, providing a balanced unit composition that appeals to a broad segment of the rental market. With its larger unit count and established location, the asset offers investors the opportunity to acquire scale within one of Orange County’s strongest multifamily submarkets. The property recently got a new roof installed on the entire building, reducing near-term capital expenditure needs for ownership and also benefits from a well-diversified rent roll and a layout designed to support long-term tenant retention. The combination of one- and two-bedroom floor plans creates flexibility within the property while positioning ownership to capitalize on continued rental demand throughout the Santa Ana market. The asset presents a compelling blend of stable in-place income and future upside potential. Ideally situated in central Santa Ana, the property provides residents with convenient access to a wide variety of employment centers, retail destinations, educational institutions, and entertainment amenities. Nearby attractions include Downtown Santa Ana, the Civic Center, Artist Village, 4th Street Market, Santa Ana College, and South Coast Plaza. Residents also benefit from excellent regional connectivity via the I-5, SR-22, SR-55, and SR-57 Freeways, offering convenient access throughout Orange County and the greater Southern California region. With its attractive unit mix, strategic location, and strong market fundamentals, 1433-37 S. Standard Avenue represents an outstanding opportunity to acquire a larger-scale multifamily asset in a high-demand rental market.

1433 1437 S Standard Avenue, Santa Ana

$1,595,000

PW26176654 MLS ⋅ Active Under Contract Status

Located in a highly desirable neighborhood of Santa Ana, near the Tustin and Orange borders, 2236 E. Franzen Avenue presents investors with the opportunity to acquire a well-maintained, fully occupied multifamily asset featuring an attractive mix of one-, two-, and three-bedroom apartment homes. Averaging more than 1,050 square feet per unit, the spacious floor plans appeal to a broad tenant base and offer a significant advantage over many competing properties in the area. The property provides a variety of sought-after resident amenities, including an on-site laundry facility, private patios and balconies, wall air conditioning, and a fireplace in the three-bedroom unit. Parking is well accommodated with four single-car garages, two open parking spaces, and ample street parking for residents and guests. The property is also individually metered for electricity and gas, helping to minimize owner-paid utility expenses. Ownership has completed several capital improvements, including the re-plumbing of one unit in 2022, reconstruction of the balconies, and installation of new fencing surrounding most of the private patios, reducing near-term capital expenditure requirements. From an investment perspective, 2236 E. Franzen Avenue offers compelling upside potential. Current rental rates are approximately 22% below market, providing a clear value-add opportunity through the implementation of market rents as units turn over. Combined with its desirable location, generous unit sizes, and strong in-place occupancy, the property represents an attractive long-term investment in one of Orange County's most established rental markets.

2236 E Franzen, Santa Ana

$1,689,000

OC26172416 MLS ⋅ Active Status

Multifamily 6 unit apartment complex in Santa Ana. 2 units are 2 bedrooms and 1 bathroom, 4 units are 1 bedroom and 1 bathroom. Each unit has a private patio/deck. Gated parking in back of the building, with electronic access. Each 1 bedroom unit gets one space and the 2 bedrooms get 2 spots. Laundry room has 2 washers and 2 dryers. Great location close to freeways and downtown Santa Ana dining and entertainment district.

620 E Pine, Santa Ana

$1,450,000

CV26171551 MLS ⋅ Active Status

2 Units up, 2 units Down. New roof about 7-8 years. All new windows changed . Each unis have 2 places parking: 1 in garage, 1 in open place..

1802 Evergreen, Santa Ana

$1,025,000

PW26170158 MLS ⋅ Active Status

MAJOR PRICE IMPROVEMENT – FOUR 2-BEDROOM UNITS NOW OFFERED AT $1,025,000! This fully occupied Santa Ana fourplex features four 2-bedroom, 1-bath units offered at approximately $256,250 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility providing additional income. Current rents total $4,860 per month, with all four units occupied on month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.

1813 Cedar, Santa Ana

$5,200,000

OC26160223 MLS ⋅ Active Status

Presenting the Bishop Apartments, a well-maintained multifamily investment opportunity in the heart of Santa Ana. The property features a unit mix of one- and two-bedroom units including one non conforming unit (1BD / 1BA), generating stable cash flow via strong tenant demand. Recent capital improvements, including seismic retrofitting, combined with on-site laundry, private patio space, and ample parking position the property for continued strong performance and future upside. The Bishop Apartments offers investors a compelling opportunity to acquire a quality asset with stable in-place income and long-term appreciation potential in one of Orange County's strongest rental markets.

1003 W Bishop, Santa Ana

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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.

Santa Ana Homes with Apartment Subtype

Newest Santa Ana Homes with Apartment Subtype

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