CA > Santa Ana
Santa Ana, CA 92706,1601 N Flower Street
Santa Ana, CA 92706,1601 N Flower Street
Santa Ana, CA 92706,1601 N Flower Street
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$3,895,000
Est. payment /mo
15,678 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 15,678 sqft

Price per Sqft $248

MLS Listing ID CRPW25163850

HOA Y/N No

Year Built 1949

Lot Size 0.539 Acres

Acres 0.54

Property Sub-Type Other

Property Description

We are pleased to present the Flower Street Apartments, available for the first time in nearly 30 years. This well-maintained asset spans over half an acre and offers a majority of spacious two-bedroom floor plans exceeding 1,000 square feet, with more than half designed as two-story townhomes. The property features both garage and open parking, individual gas and electric meters, and gated entry, providing residents with privacy and comfort. Priced under $250 per square foot, this offering presents investors with significant upside potential, including a projected 60% increase in rental income. Flower Street Apartments represents a compelling investment opportunity with a cap rate exceeding 9% and a 7.86 GRM on market rents.

Location

State CA

County Orange

Zoning R-3

Interior

Heating Forced Air

Fireplace No

Laundry Other

Building

Lot Description Irregular Lot

New Construction No

Others

Tax ID 39857112

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Chris Keramati • Triqor Group
Danielle Broad

+1(925) 383-9200

smiles4dee@gmail.com

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