- 5 Beds
- 3 Baths
- .54 Acres
- 64 DOM
1601 Flower Street
We are pleased to present the Flower Street Apartments, available for the first time in nearly 30 years. This well-maintained asset spans over half an acre and offers a majority of spacious two-bedroom floor plans exceeding 1,000 square feet, with more than half designed as two-story townhomes. The property features both garage and open parking, individual gas and electric meters, and gated entry, providing residents with privacy and comfort. Priced under $250 per square foot, this offering presents investors with significant upside potential, including a projected 60% increase in rental income. Flower Street Apartments represents a compelling investment opportunity with a cap rate exceeding 9% and a 7.86 GRM on market rents.
Essential Information
- MLS® #PW25163850
- Price$3,895,000
- Bedrooms5
- Bathrooms3.00
- Acres0.54
- Year Built1949
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address1601 Flower Street
- Area70 - Santa Ana North of First
- SubdivisionWashington Square
- CitySanta Ana
- CountyOrange
- Zip Code92706
Amenities
- Parking Spaces19
- # of Garages13
- PoolNone
Interior
- HeatingForced Air
- # of Stories2
- StoriesTwo
Exterior
- Lot DescriptionIrregular Lot
Additional Information
- Date ListedJuly 21st, 2025
- Days on Market64
- ZoningR-3
Listing Details
- AgentChris Keramati
- OfficeTriqor Group
Chris Keramati, Triqor Group.
Based on information from California Regional Multiple Listing Service, Inc. as of September 24th, 2025 at 1:20am PDT. 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.