935 W Bishop Street, Santa Ana, CA 92703

Local realty services provided by:Better Homes and Gardens Real Estate Champions
935 W Bishop Street,Santa Ana, CA 92703
$4,195,000
  • - Beds
  • - Baths
  • 9,784 sq. ft.
  • Multi-family
  • Active
Listed by: rick applebaum, paul espinosa
Office: morgan skenderian
MLS#:PW25132443
Source:CRMLS

Price summary

  • Price:$4,195,000
  • Price per sq. ft.:$428.76

About this home

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 6.8% 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

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Home facts

  • Year built:1971
  • Listing ID #:PW25132443
  • Added:155 day(s) ago
  • Updated:November 15, 2025 at 11:44 AM

Rooms and interior

  • Living area:9,784 sq. ft.

Structure and exterior

  • Year built:1971
  • Building area:9,784 sq. ft.
  • Lot area:0.41 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,195,000
  • Price per sq. ft.:$428.76
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