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An excellent opportunity to acquire a 6-unit multifamily building in Santa Ana. Located at 802 N Spurgeon St, this multifamily asset was built in 1937. It offers (4) 2 bed + 1 bath units and (2) 1 bed + 1 bath units that also have additional dining rooms. Residents of the property enjoy use of an off-street parking a lot, as well as three garages for additional storage. The buildings boast a total of 5,042 gross rentable square feet on a large 9,288 square foot corner lot. Tenants enjoy the ability to quickly walk to food halls, bars, restaurants and stores in the Downtown area. Buyers will notice a number of similar sized apartment buildings in the neighborhood that have been beautifully renovated to include luxury finishes and cater to a high-end tenant demographic. These neighboring properties serve as an excellent proof of concept for what can be done with this property and the achievable market rental income. -6 charming units in Historic French Park -Large 9,288 square foot lot -Solid in-place income and significant upside -Walking distance to 4th Street & Downtown Santa Ana -Most rapidly gentrifying neighborhood in Santa Ana
Property Type(s):
Residential Income
| Last Updated | 7/2/2025 | Tract | French Park Condos (FRPC) |
|---|---|---|---|
| Year Built | 1937 | Community | 70 - Santa Ana North of First |
| Garage Spaces | 3.0 | County | Orange |
Price History
| Prior to Jul 2, '25 | $1,950,000 |
|---|---|
| Jul 2, '25 - Today | $1,925,000 |
Additional Details
| AREA | 70 - Santa Ana North of First |
|---|---|
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 9313 sq ft |
| LOT DESCRIPTION | Corner Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | French Park Condos (FRPC) |
| WATER | Public |
Location
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Listed with Justin White
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