710 Washington, Santa Ana CA 92706 | $3,100,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8133 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 3
  • Year Built: 1983
  • MLS#: NP26007705
  • Community: 70 - Santa Ana North of First

Listing provided courtesy of Randall Mycorn of R L M Equities. Last updated 2026-02-18 09:11:20.000000. Listing information © 2025 SANDICOR.

The Washington Apartments is a 14-unit apartment community located in the heart of Santa Ana. Built in 1983 and situated just north of the historic Downtown District, the property offers investors a high–cash-flow opportunity with significant upside potential. The property is attractively priced at a strong 5.9% cap rate based on current income, with local market rents supporting an estimated 8.9% pro forma cap rate. The Washington Apartments features spacious studio units, each exceeding 700 square feet. Residents currently pay RUBS, contributing to efficient, low-expense operations. The property also provides multiple on-site common-area laundry machines for resident convenience, as well as 14 gated garage parking spaces located on the first floor.

More Details

0.19 Acres
3 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985