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$2,050,000

810 S Flower

Santa Ana, CA 92703

Active

1982

Year Built

Orange

County

MixedUse

Property Type

About this home

Exceptional investment opportunity to acquire a turn-key, fully stabilized multifamily asset in high-demand Santa Ana. Delivering an in-place cap rate over 6.6%, this property stands out as one of the strongest cash-flowing multifamily deals available in Orange County. The building features predominantly spacious 2-bedroom floor plans, perfectly positioned to attract and retain long-term tenants in today's tight rental market. Extensive recent capital improvements offer low maintenance operations, including brand-new plumbing (hot/cold water, gas, and sewer), permitted dual-pane windows, SB 721 compliance with a fully permitted deck rebuild, updated kitchens and bathrooms, recessed lighting, and modern flooring throughout. These high-end systems and updated construction drastically reduce near-term CapEx while keeping operating expenses low. Located just minutes from vibrant Downtown Santa Ana, the Civic Center, Bowers Museum, and Main Place Mall, tenants enjoy seamless access to premier dining, shopping, and cultural hubs. Residents will appreciate quick access to I-5 via 17th Street, along with proximity to the new OC Streetcar transit line connecting Santa Ana to Garden Grove. With all units currently leased at strong market rates, this low-maintenance asset delivers immediate, reliable income from day one.

Listed by Randall Mycorn · DRE #02078223 · R L M Equities

MLS #1190623726

ListedSep 12, 2026

Property Details

Architecture

Stories2

StyleN/A

Total Units6

RoofN/A

Garage Spaces6

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryCommon Area

Parking FeaturesN/A

Parking Total14

Patio & PorchN/A

Entry Level1

Entry Location1

Common WallsTwo Common Walls Or More

Property Features

Lot Size0.21 ac

Lot FeaturesEleven To Fifteen Units Acre

ViewN/A

DirectionsSouthwest Block of W. Bishop and S. Flower

Community

Area699 - Not Defined

School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Exchange1031

Land LeaseNo

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$10,911/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 4:45 PM

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