1601 N Flower Street, Santa Ana, CA 92706

Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
#1#2#3
1601 N Flower Street,Santa Ana, CA 92706
$3,895,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:chris keramati
Office:triqor group
MLS#:PW25163850
Source:SANDICOR

Price summary

  • Price:$3,895,000

About this home

We are pleased to present the Flower Street Apartments, available for the first time in nearly 30 years. This well-maintained asset spans over half an acre and offers a majority of spacious two-bedroom floor plans exceeding 1,000 square feet, with more than half designed as two-story townhomes. The property features both garage and open parking, individual gas and electric meters, and gated entry, providing residents with privacy and comfort. Priced under $250 per square foot, this offering presents investors with significant upside potential, including a projected 60% increase in rental income. Flower Street Apartments represents a compelling investment opportunity with a cap rate exceeding 9% and a 7.86 GRM on market rents.

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Home facts

  • Listing Id #:PW25163850
  • Added:21 day(s) ago
  • Updated:August 16, 2025 at 02:13 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3

Heating and cooling

  • Heating:Forced Air Unit

Finances and disclosures

  • Price:$3,895,000
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