1515 N Dresser ST new Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92701
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Water Tower
MLS Listing ID NP25130863
HOA Y/N No
Year Built 1984
Annual Tax Amount $44,000
Tax Year 2025
Lot Size 3.030 Acres
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Underground
Garage Spaces 19.0
Garage Description 19.0
Fence Wrought Iron
Pool None
Community Features Sidewalks
View Y/N Yes
View Landmark,Mountain(s),Neighborhood
Total Parking Spaces 19
Private Pool No
Building
Lot Description 16-20 Units/Acre
Faces West
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 39814218
Security Features Security Gate
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard