Santa Ana North of First (70) Homes with Residential Income Property Type

Welcome to Santa Ana North of First (70), a vibrant and thriving neighborhood nestled in the heart of Orange County, California. This dynamic area is known for its rich cultural diversity, eclectic dining options, and a strong sense of community. With its prime location, residents enjoy easy access to major highways, making commutes to nearby cities a breeze. The neighborhood is also conveniently close to shopping centers, parks, and schools, catering to families and professionals alike.

One of the standout features of Santa Ana North of First is the availability of homes with residential income property types. This area presents a fantastic opportunity for investors and homeowners looking to generate additional income. The charming properties here often come equipped with multiple units, allowing for a steady rental income while enjoying the benefits of homeownership. With a mix of historical architecture and modern designs, these homes provide a unique charm that appeals to both renters and buyers.

The neighborhood’s strong rental market is bolstered by its proximity to employment hubs, educational institutions, and recreational facilities. Whether you’re looking to invest in a multi-family unit or seeking a property with rental potential, Santa Ana North of First offers a wealth of opportunities.

Moreover, the area is continuously evolving, with new developments and community initiatives enhancing the quality of life for residents. Embrace the charm and potential of Santa Ana North of First, where your dream home and investment opportunities await!

Newest Santa Ana North of First (70) Homes with Residential Income Property Type

$800,000

DW26161876 MLS ⋅ Active Status

Don't miss your opportunity to own a piece of Northwest Santa Ana. Unlock incredible value and potential in one of Santa Ana’s most conveniently located neighborhoods! Positioned on a large 8,000+ square-foot lot, this classic 1950 property offers approximately 1,382 square feet of interior living space. A great investment, minutes away from local parks, dining, shopping, and major commuter routes including the 22 and 5 freeways.

2505 Huckleberry Road, Santa Ana

$1,449,000

OC26155320 MLS ⋅ Active Status

An Exceptional Value+Add Opportunity on Nearly Half an Acre! Rare opportunity to acquire one of the largest Residential Income parcels currently available in this price range in central Orange County. This approximately 18,000 sq. ft. (0.41-acre) Residential Income property features two detached single-story homes on one expansive lot in a prime central Santa Ana location near Fairview, South Coast Metro, shopping, dining, Santa Ana College, major freeways, and employment centers. This unique property offers tremendous flexibility for investors, developers, contractors, or owner-users. The homes feature updated kitchens and remodeled bathrooms, individual gas and electric meters, private yard areas, and ample on-site parking. The oversized lot presents outstanding long-term potential for renovation, expansion, redevelopment, or future improvements. Whether you're seeking a value-add investment, multi-generational living, or a property with significant land value and future upside, opportunities like this are increasingly difficult to find. Conveniently located near the 22, 57, and 5 Freeways with excellent access to South Coast Plaza, Downtown Santa Ana, and Orange County's major employment corridors. Properties with this combination of lot size, location, and future upside rarely become available. Don't miss this exceptional investment opportunity, which is sure to please!

2430 W 6th Street Unit A&B, Santa Ana

$925,000

PW26144828 MLS ⋅ Active Under Contract Status

Charming, character-rich, and full of upside — this 100-year-old duplex in Santa Ana’s coveted Museum District, adjacent to Floral Park, is a rare find for the savvy investor. The property features a spacious 2-bedroom, 1-bath unit and a cozy 1-bedroom, 1-bath unit, both brimming with the vintage detail and craftsmanship you’d expect from a home of this era. Best of all, the property sits on Santa Ana’s Historic Registry, opening the door to potential Mills Act designation — meaning significant, ongoing property tax savings for the right buyer. But the real surprise is out back: a huge, private backyard oasis offering serious future potential, whether that’s an additional ADU or even a second duplex (buyer to verify with the city). It’s quiet, secluded, and full of possibilities. Location seals the deal — you’re walking distance to the Bowers Museum, Discovery Cube, and MainPlace Mall, which is undergoing an exciting transformation into a mixed-use indoor/outdoor entertainment and lifestyle destination. Also close by and walkable is the reinvisioned Park Santiago with playgrounds, walking trails, and Lawn Bowling for the outdoor enthusiasts. Character. Cash flow. Tax advantages. Room to grow. This one checks every box — don’t miss it!

207 W Buffalo Avenue, Santa Ana

$1,089,000

SR26142662 MLS ⋅ Active Status

Exceptional opportunity to own a well-maintained duplex in the heart of Santa Ana. Located at 4617-4619 W. 3rd Street, this income-producing property offers two separate residences, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking steady rental income with significant upside potential. Each unit features its own private entrance, functional floor plan and dedicated living spaces designed for comfort. The property and surrounding neighborhood offer ample parking for added convenience and tenant appeal. In addition a large side yard / backyard area makes it ideal for young families or backyard grillers. Conveniently situated near shopping, dining, schools, parks and major freeways, this centrally located property provides easy access to all that Orange County has to offer. Whether you are looking to expand your investment portfolio or purchase a property with long-term income potential, this is an opportunity you wont want to miss.

4619 W 3rd, Santa Ana

$3,000,000

PW26139159 MLS ⋅ Active Status

This 11 unit historic Frank Lloyd Wright inspired architecture built in 1905 consists of (4) studios, (6) one-bedroom/one-bath units and (1) two-bedroom/one-bath unit. The property is in a strong rental market of Santa Ana at the intersection of North Broadway and West Washington. Ten of the eleven units have been renovated with newer kitchen cabinetry, countertops, shower enclosures, bathroom vanities and sinks.

1301 N Broadway, Santa Ana

$16,750,000

OC26129355 MLS ⋅ Active Status

Vista Royale Apartments is a well-maintained 55-unit multifamily community located in Santa Ana's highly desirable Floral Park neighborhood, directly across from Willard Elementary School and less than one mile from Downtown Santa Ana. The property benefits from strong renter demand, excellent regional connectivity, and proximity to major employment, retail, and entertainment destinations. Built in 1987, the community consists of 7 one-bedroom units and 48 oversized floorplans featuring one bedroom, two bathrooms, and a den, effectively competing with traditional two-bedroom, two-bathroom apartments. These unique units also feature dual private balconies, a rare amenity that enhances resident appeal and supports rental growth. Offered at an attractive 5.84% capitalization rate, Vista Royale provides immediate cash flow with approximately $235,000 in loss-to-lease, creating a clear opportunity to increase revenue through continued rent growth. The property is exceptionally efficient from an operational standpoint, with 100% separate gas and electric metering and a well-established RUBS program that recovers a substantial portion of water and trash expenses. Ownership has also recently completed both the SB 721 inspection and the City of Santa Ana Fire Department sprinkler inspection, minimizing near-term compliance and capital expenditure concerns. Combining strong in-place income, meaningful rental upside, proven expense recoveries, and a premier Orange County location, Vista Royale offers investors a compelling opportunity to acquire a high-quality multifamily asset with durable cash flow and long-term appreciation potential. The property may also be acquired together with the neighboring 45-unit apartment community plus two non-conforming units located at 502 East 6th Street, creating a rare 102-unit portfolio opportunity in one of Orange County's most desirable rental markets.

1327 N Ross, Santa Ana

$1,499,000

PW26126999 MLS ⋅ Active Status

Great opportunity to own a well-maintained 4-plex. The property consists of 1 3-bedroom 2-bath unit, 2 2-bedroom 2-bath units and a spacious 1-bedroom 1-bath unit. The 3-bedroom unit was just vacated, and the seller used the opportunity to fully refresh the space with a new kitchen, updated bathrooms, mirrored wardrobe closets, a new sliding door, and new flooring throughout thus positioning a new owner to maximize the unit’s rental potential. Other recent improvements include new dual pane vinyl windows throughout and the recently painted exterior. PLEASE DO NOT DISTURB TENANTS. UNITS TO BE TOURED WITH ACCEPTED OFFER.

2318 Franzen, Santa Ana

$1,000,000

PW26118319 MLS ⋅ Active Status

Discover the possibilities with this versatile two unit property located near Santa Ana’s thriving downtown district. Offering two separate residences on one parcel, this property presents exceptional potential for owner occupants, investors or those seeking a live/work opportunity. The front residence features approximately 1,750 SF of living space with 5 bedrooms and 1.5 bathrooms. Thoughtfully updated, the home showcases dual-pane windows, hardwood flooring, two fireplaces, a well-appointed kitchen and an abundance of natural light throughout. A covered patio extends the living space outdoors, ideal for relaxing or entertaining. Privately situated behind the garage, the second residence offers approximately 750 SF feet with 2 bedrooms and 1.5 bathrooms. Both residences are well maintained and designed for comfortable living with functional layouts. Each unit enjoys its own private yard and laundry area, along with shared access to a spacious 2 car garage and ample on site parking. The expansive approximately 9,583 SF lot provides exceptional flexibility, privacy, future potential and is enhanced by mature fruit trees including orange, lemon, fig, and persimmon. Whether generating rental income, accommodating extended family or occupying one unit while leasing the other, this property offers outstanding versatility and long term value. The property is also zoned for professional use; buyers are advised to verify permitted uses directly with the City of Santa Ana.

1514 E 4th, Santa Ana

$849,000

PW26114732 MLS ⋅ Active Status

Welcome to the Gowdy House, a classic Craftsman triplex located in the highly sought-after Historic French Park neighborhood and designated as a contributive property on Santa Ana’s Historic Properties list, check for possible qualification for Mills Act. Rich in character and architectural charm, this is a rare opportunity to own a piece of local history with strong income potential. The property features three units: Unit A is a spacious ground-level residence of approximately 1,027 sq ft(buyer to verify), offering 2 bedrooms with a Jack-and-Jill layout, 1 1/4 bath, a formal living room, dining area with built-in buffet, as well as a separate laundry room and pantry. Unit B is located upstairs and is approximately 725 sq ft(buyer to verify), configured as a 1-bedroom, 1-bath with potential to easily create a second bedroom. Unit C is a downstairs studio unit of approximately 312 sq ft(buyer to verify), ideal for additional income or flexible use. An exceptional opportunity for an owner-user, this “live in one and rent the others” setup provides the ability to offset your mortgage while enjoying the character of a historic home, with added flexibility for multigenerational living. Investors will be drawn to the triplex layout, delivering multiple income streams and significant upside through cosmetic improvements and potential ADU expansion (buyer to verify). Additional features include a welcoming front porch, basement for added storage or potential use, and a detached rear storage structure that may offer ADU conversion potential (buyer to verify with the City). Recent improvements include an updated electrical panel and subpanel. This is a fixer with tremendous upside in one of Santa Ana’s most desirable historic neighborhoods.

831 French Street, Santa Ana

$1,200,000

PW26101916 MLS ⋅ Active Status

2 Unit Property Great For Investors. Front unit 2 beds 1 Bath and Rent $2100/mo. Back Unit 3 beds 2 baths rent $2350/mo. This is a Great investment with Positive Cash Flow. Property is being Sold AS-IS. Tenants pay Electric, Gas, & Water. Offer Subject to Interior Inspection.

1314 N Bewley Street, Santa Ana

$775,000

PW26101631 MLS ⋅ Active Status

Nice Duplex in Santa Ana. Each has two bedrooms and 1 bath. Large and spacious driveway long enough to fit up to 6 cars. Each unit has a living room, bathrooms, kitchen and two bedrooms. Located in a good area close to schools, grocery stores, restaurants and retail stores. Each unit 512 sf. Sold AS-IS.

1831 W 3rd, Santa Ana

$1,270,000

OC26097142 MLS ⋅ Active Status

Excellent opportunity to own a well-located income property in the highly desirable 92705 zip code in Santa Ana. Situated on a quiet residential street, this multifamily asset offers approximately 2,280 square feet of living space with R-2 zoning, providing flexibility for duplex or small multifamily use. Built in the 1970s, the property is surrounded by a stable mix of single-family homes and multifamily residences, contributing to consistent rental demand. The location offers strong tenant appeal with a walkable setting near shopping, dining, and everyday conveniences along 17th Street and Tustin Avenue. Easy access to the 55 and 22 freeways allows for convenient commuting throughout Orange County, including nearby employment hubs in Irvine, Costa Mesa, and Anaheim. Current rents present upside potential relative to market averages, offering investors the opportunity to increase income through interior updates and operational improvements. Ideal for both owner-users and investors seeking stable cash flow with long-term appreciation in a high-demand area. Don’t miss this chance to acquire a desirable duplex in one of Santa Ana’s most sought-after neighborhoods.

2229 Ponderosa, Santa Ana

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.