- 24 Beds
- 23 Baths
- .26 Acres
- 161 DOM
1515 N Dresser Street
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.
Essential Information
- MLS® #NP25130863
- Price$3,895,000
- Bedrooms24
- Bathrooms23.00
- Acres0.26
- Year Built1984
- TypeResidential Income
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address1515 N Dresser Street
- Area70 - Santa Ana North of First
- SubdivisionWater Tower
- CitySanta Ana
- CountyOrange
- Zip Code92701
Amenities
- Parking Spaces19
- ParkingUnderground
- # of Garages19
- GaragesUnderground
- PoolNone
View
Landmark, Mountain(s), Neighborhood
Interior
- # of Stories2
- StoriesTwo
Exterior
- Lot DescriptionSixteenToTwentyUnitsAcre
Additional Information
- Date ListedJune 5th, 2025
- Days on Market161
Listing Details
- AgentChris Moreno
- OfficeSurterre Properties Inc.
Price Change History for 1515 N Dresser Street, Santa Ana, (MLS® #NP25130863)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,400,000 to $3,895,000 | ||
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – |
Chris Moreno, Surterre Properties Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of November 21st, 2025 at 12:50am PST. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.