1003 W Bishop, Santa Ana, CA 92703

$5,200,000

Listed by Antonio Borrelli, from Skyline Commercial Real Estate
(If provided) CoList: Christopher Pettit from Skyline Commercial Real Estate

List Price
$5,200,000
MLS#
CROC26160223
Status
ACTIVE
Lot Size
24,394
Listing Area
69 - Santa Ana South Of First
Year Built
1965

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.

Additional Information

Laundry Facilities
Community Facility
Lot Description
Grade - Level
Lot Size
24,394
Neighborhood
69 - Santa Ana South Of First
Pool Description
None
Unincorporated Yn
Yes

Mortgage Calculator

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Calculator source: Real Geeks

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