CA > Santa Ana > Water Tower
Santa Ana, CA 92701,1515 N Dresser ST
Santa Ana, CA 92701,1515 N Dresser ST
Santa Ana, CA 92701,1515 N Dresser ST
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$4,400,000
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3.03 Acres Lot
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1515 N Dresser ST Santa Ana, CA 92701

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Water Tower

MLS Listing ID NP25130863

HOA Y/N No

Year Built 1984

Annual Tax Amount $44,000

Tax Year 2025

Lot Size 3.030 Acres

Property Sub-Type Mixed Use

Property Description

Prime multifamily investment opportunity in the heart of Downtown Santa Ana's French Court neighborhood. A well-maintained 19-unit property consisting of a mix of one- and two-bedroom residences. Each unit offers private outdoor space, gated tandem parking, and access to onsite laundry. Select units have been updated with modern finishes, offering immediate appeal to renters and potential for increased income. Located in a highly walkable area, the property is within close proximity to local schools, shopping, dining, and entertainment. Easy access to the 5, 55, and 22 freeways connects residents to all of Orange County. With current rents below market, there is long-term upside for the next owner through strategic management and continued unit upgrades. This is a rare opportunity to acquire a stabilized asset in one of Orange County's most dynamic rental markets.

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Underground

Garage Spaces 19.0

Garage Description 19.0

Fence Wrought Iron

Pool None

Community Features Sidewalks

View Y/N Yes

View Landmark, Mountain(s), Neighborhood

Total Parking Spaces 19

Private Pool No

Building

Lot Description 16-20 Units/Acre

Faces West

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 39814218

Security Features Security Gate

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Chris Moreno • Surterre Properties Inc. • 949-280-6357

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agent

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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