935 W Bishop Street

Santa Ana, CA 92703

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,784 Sqft
  • 17878
    Sqft(Lot)
$4,550,000

Description

Pleased to present this fully renovated, 12-unit multifamily property located in the heart of santa ana, the offering presents a compelling investment opportunity with strong in-place cash flow and significant future upside. built in 1971, the building consists entirely of spacious two-bedroom, one-bathroom units, each thoughtfully upgraded to meet modern tenant expectations. all interiors have been completely renovated, featuring in-unit washers and dryers, ceiling fans, and private patios or balconies. residents also benefit from the convenience of onsite laundry facilities and the added security of controlled, secured entry. these highdemand amenities support tenant retention and enhance the property's competitive position in the local rental market.



currently operating at a 6% cap rate on actual rents, this property offers the rare advantage of assumable fixed-rate financing at 4.2%, providing an excellent opportunity for stabilized leverage in today’s interest rate environment.



ownership is in the process of obtaining full approval for the addition of three accessory dwelling units (adus). these adu's, once constructed, add a projected 25.9% increase in gross income.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    50165121

Sell a home like this and save $272,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1971
    • Building Area Total: 9,784

    Pool Features

    • None

    Laundry Features

    • Common Area,Washer Hookup,Gas Dryer Hookup,See Remarks

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4104
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 17878

  • Listing Price Information

    • Original List Price: 4,550,000
    • Listing Contract Date: 2025-06-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 01012140

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 69 - Santa Ana South of First
    • Directions: South of 1st Street and East of Bristol Street
    • Source Property Type: Residential Income
    • Area: 69 - Santa Ana South of First
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 54
    • Common Walls: No Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Street
    • Levels or Stories: Two
    • Building Total Stories: 2
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 06/27/2025 @ 18:36

  • MLS: PW25132443
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 9,784 sqft, 17,878 sized lot, and 13 parking. are nearby neighborhoods.