317 S Flower Street, Santa Ana, Ca 92703 - Photo 1 of 15, Santa Ana, CA
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$4,975,000

317 S Flower Street, Santa Ana, Ca 92703

1Beds
2Baths
0
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

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

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