858-525-5007

1601 Flower, Santa Ana CA 92706 | $3,895,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 23484 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1949
  • MLS#: PW25163850
  • Community: 70 - Santa Ana North of First

Listing provided courtesy of Chris Keramati of Triqor Group. Last updated 2025-11-06 09:11:39.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.54 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985