1601 N Flower Street
Santa Ana, CA, 92706
$3,895,000
Beds
0 Baths
SqFt
0.54 Acres
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MLS #PW25163850 image #0MLS #PW25163850 image #1MLS #PW25163850 image #2MLS #PW25163850 image #3MLS #PW25163850 image #4MLS #PW25163850 image #5MLS #PW25163850 image #6MLS #PW25163850 image #7
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.

Property Details

Price:
$3,895,000
MLS #:
PW25163850
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
70santaananorthoffirst
Listed Date:
Jul 21, 2025
Lot Size:
23,484 sqft / 0.54 acres (approx)
Year Built:
1949
70santaananorthoffirst

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Interior

Heating
Forced Air
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Exterior

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Sidewalks
Parking Spots
19.00

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Community

Market Summary

Current real estate data for Residential Income in Santa Ana as of Oct 21, 2025
56
Residential Income Listed
185
Avg DOM
$2,162,414
Avg List Price

Property Summary

    1601 N Flower Street Santa Ana CA is a Residential Income for sale in Santa Ana, CA, 92706. It is listed for $3,895,000

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