- – beds
- – baths
- – sqft
- ~3 acre lot
- 1984 build
- – on site
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.
Last checked:
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Last updated Jun 18, 2025
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MLS# NP25130863 —
The Building
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Year Built:1984
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:11832.00
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Building Area Units:Square Feet
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Total Number Of Units:19
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# of Buildings:2
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Stories Total:2
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Entry Level:2
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Number With Patio:19
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Common Walls:No Common Walls
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Faces:West
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# of Separate Gas Meters:20
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# of Separate Water Meters:20
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# of Separate Electric Meters:20
Interior
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Levels:Two
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Entry Location:2
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Laundry:Community
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:E 15th St & N Dresser St
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Latitude:33.75829700
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Longitude:-117.86274800
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Lot Features:16-20 Units/Acre
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Lot Size Area:131987.0000
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Lot Size Acres:3.0300
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Lot Size SqFt:131987.00
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Lot Size Source:Public Records
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View:1
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View:Landmark, Mountain(s), Neighborhood
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Fencing:Wrought Iron
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Fence:Yes
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Security Features:Automatic Gate
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:0744.05
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Tax Area:11-003
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Tax Year:2025
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Tax Tract:11539
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Tax Lot:1
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Tax Rate:1.11
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Tax Annual Amount:44000.00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:39814218
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Other (OTHR)
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Subdivision:Water Tower
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Features:Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Special Assessments, Sewer Assessments
Parking
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Parking:Yes
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Parking:Subterranean
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Parking Spaces:19.00
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Garage Spaces:19.00
Extra Units
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Average 1 Bed Area:595
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Average 2 Bed Area:710
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/25
Jun 13, 2025
|
Listed / Active | CRMLS_CA | $4,400,000 |