1003 W Bishop Street, Santa Ana, CA 92703
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1003 W Bishop Street,Santa Ana, CA 92703
$5,400,000
- - Beds
- - Baths
- 15,873 sq. ft.
- Multi-family
- Active
Listed by: tyler leeson
Office: marcus & millichap re invest
MLS#:OC25228147
Source:CRMLS
Price summary
- Price:$5,400,000
- Price per sq. ft.:$340.2
About this home
1003 West Bishop Street is a 23+1 unit multifamily investment opportunity located in the city of Santa Ana, California. The property encompasses an approximately 15,873 square foot building situated on a 0.56-acre lot. 1003 West Bishop Street is comprised of a desirable unit mix of four two-bedroom units and twenty one-bedroom unit, one of which is non conforming. Many units have been tastefully upgraded with modern finishes including vinyl plank flooring, shaker-style cabinetry, and granite countertops, providing investors with a stable asset that already benefits from interior improvements and continued rental appeal. Originally constructed in 1965, 1003 West Bishop Street features amenities designed to attract and retain tenants, including tuck-under parking, an on-site laundry facility, and a spacious outdoor common area equipped for BBQs and gatherings. These features enhance resident satisfaction and contribute to long-term tenancy. Strategically positioned in Santa Ana, the property benefits from strong rental demand, driven by the city’s role as the county seat of Orange County and its proximity to key employment, education, and cultural hubs. Residents enjoy convenient access to major freeways (I-5, SR-55, and SR-22), local retail centers, and entertainment destinations, as well as being within commuting distance to regional job centers in Irvine, Costa Mesa, and Anaheim. For investors, 1003 West Bishop Street presents the opportunity to acquire a well-located, mid-sized multifamily property with an attractive unit mix, recent renovations, and reliable tenant demand in a supply-constrained Orange County market....
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Home facts
- Year built:1965
- Listing ID #:OC25228147
- Added:175 day(s) ago
- Updated:March 23, 2026 at 01:18 PM
Rooms and interior
- Living area:15,873 sq. ft.
Structure and exterior
- Year built:1965
- Building area:15,873 sq. ft.
- Lot area:0.56 Acres
- Lot Features:Street Level
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,400,000
- Price per sq. ft.:$340.2
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:24
- Parking description:24 Carport Space(s)
- Carport spaces:24
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