




+10 photos

1 / 15
$4,975,000
317 S Flower Street, Santa Ana, Ca 92703
1Beds
2Baths
327Days Listed
Listed by Ruben Khorsandi, Alliance Investment RE Group | 949-683-6662
About This Property
We are pleased to present Flower Street Apartments comprised of a 20 unit gated apartment complex located in the heart of Santa Ana. All of the units have been COMPLETELY renovated with approximately $500,000 spent over the last 5 years in both the interiors and exterior. The property is individually metered for both gas & electric and has their own water heater. Each unit has a large patio/balcony for the tenants to enjoy. The renovated units include new kitchens with quartz countertops, stainless steel appliances, new bathrooms/showers with new vanities, tile shower walls, high-efficiency toilets, LED recessed lighting and new windows. The exterior renovations include paint, new staircases and decking, security camera system, exterior lighting and new landscaping. The building is also equipped with a fire sprinkler system throughout. There is also a laundry room with owned equipment that generates additional monthly cashflow. Although existing rents are strong, there is still rental upside with the opportunity for a new investor to raise rents for even better cash flow. This is a great investment opportunity for the passive investor who wants a turnkey, pride of ownership property with great cash flow! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 1
- Bathrooms
- 2
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 327
- Cumulative Days on Market
- 148
- Original Price
- $4,975,000
Location & Neighborhood
What's nearby 317 S Flower Street, Santa Ana, Ca 92703
Nearby Schools
- Santa Ana High School0.1 mi
secondary
- Martin R Heninger Elementary School0.2 mi
elementary
- Lowell School0.2 mi
elementary
Parks & Recreation
- 0.2 mi
- 0.3 mi
- Birch Park0.4 mi
park
Transit Access
- Flower-Chestnut70 yrd
Bus Stop
- Flower-Myrtle92 yrd
Bus Stop
- Flower-Walnut0.1 mi
Bus Stop
- 1st-Flower0.2 mi
Bus Stop
- Flower-1st0.2 mi
Bus Stop
Local Amenities
Grocery
Dining
- Congregation Ale House0.4 mi
- Chapter One0.5 mi
POI data updated 2/21/2026
Santa Ana Market Snapshot
280
Active Listings
$600K
Median Price
84
Avg Days on Market
Last updated: Sep 5, 2025
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$4,975,000