935 W Bishop Street, Santa Ana, CA 92703

Local realty services provided by:ERA North Orange County Real Estate
935 W Bishop Street,Santa Ana, CA 92703
$4,195,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:rick applebaum
Office:morgan skenderian
MLS#:PW25132443
Source:San Diego MLS via CRMLS

Price summary

  • Price:$4,195,000

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 todays interest rate environment.

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Home facts

  • Listing ID #:PW25132443
  • Added:112 day(s) ago
  • Updated:October 03, 2025 at 01:55 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1

Finances and disclosures

  • Price:$4,195,000
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