1003 W Bishop Street Active

Santa Ana,CA 92703

$ 5400000

- Bed

- Bath

15873 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 15,873 sqft

Price per Sqft $340

MLS Listing ID CROC25228147

Year Built 1965

Lot Size 0.560 Acres

Property Sub-Type Other

Property Description

1003 West Bishop Street is a 23+1 unit multifamily investment opportunity located in the city of Santa Ana, California. The property encompasses an approximately 15,873 square foot building situated on a 0.56-acre lot. 1003 West Bishop Street is comprised of a desirable unit mix of four two-bedroom units and twenty one-bedroom unit, one of which is non conforming. Many units have been tastefully upgraded with modern finishes including vinyl plank flooring, shaker-style cabinetry, and granite countertops, providing investors with a stable asset that already benefits from interior improvements and continued rental appeal. Originally constructed in 1965, 1003 West Bishop Street features amenities designed to attract and retain tenants, including tuck-under parking, an on-site laundry facility, and a spacious outdoor common area equipped for BBQs and gatherings. These features enhance resident satisfaction and contribute to long-term tenancy. Strategically positioned in Santa Ana, the property benefits from strong rental demand, driven by the city’s role as the county seat of Orange County and its proximity to key employment, education, and cultural hubs. Residents enjoy convenient access to major freeways (I-5, SR-55, and SR-22), local retail centers, and entertainment destination

Location

State CA

County Orange

Interior

Laundry Common Area

Building

Lot Description Level

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