1515 N Dresser Street
Santa Ana, CA, 92701
$4,400,000
Beds
0 Baths
SqFt
0.26 Acres
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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.

Property Details

Price:
$4,400,000
MLS #:
NP25130863
Status:
Active
Baths:
0
Address:
1515 N Dresser Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
70santaananorthoffirst
City:
Santa Ana
Listed Date:
Jun 5, 2025
State:
CA
ZIP:
92701
Lot Size:
11,539 sqft / 0.26 acres (approx)
Year Built:
1984
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Exterior

Community Features
Sidewalks
Parking Features
Subterranean
Parking Spots
19.00
Security Features
Automatic Gate

Financial

Taxes
$44,000

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1515 N Dresser Street
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