Offered For Sale

1515 N Dresser Street

#NP25130863

MLF

Built in 1984

$4,400,000

About the property

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.

Features

General

  • Half Bathrooms 0
  • Real Estate Sub Type SingleFamilyResidence
  • Real Estate Type MLF
  • Square Feet 11,832
  • Stories 2
  • Year Built 1,984
  • Agent Name Chris Moreno
  • Broker Id U6002
  • Office Name Surterre Properties Inc.
  • Days On Market 0
  • Status Active
  • Agent Cell 949-280-6357

Location

  • Subdivision Other (OTHR)
  • View Landmark
    Mountain(s)
    Neighborhood

Building

  • Exterior Features Sidewalks

Location

Questions

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