1003 W Bishop, Santa Ana, CA 92703
- $5,200,000
- List Price
- $5,200,000
- Status
- ACTIVE
- MLS#
- OC26160223
- Year Built
- 1965
- Lot Size
- 24,394
- Acres
- 0.56
- Lot Location
- Street Level
- Days on Market
- 4
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Other
Property Description
Presenting the Bishop Apartments, a well-maintained multifamily investment opportunity in the heart of Santa Ana. The property features a unit mix of one- and two-bedroom units including one non conforming unit (1BD / 1BA), generating stable cash flow via strong tenant demand. Recent capital improvements, including seismic retrofitting, combined with on-site laundry, private patio space, and ample parking position the property for continued strong performance and future upside. The Bishop Apartments offers investors a compelling opportunity to acquire a quality asset with stable in-place income and long-term appreciation potential in one of Orange County's strongest rental markets.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 24
- Gross Scheduled Income
- $521,964
- Operating Expense
- 170621
Listing courtesy of Listing Agent: Antonio Borrelli (antonio@skylinecommercialadvisors.com) from Listing Office: Skyline Commercial Real Estate.
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