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510 South Flower Street, Santa Ana, CA 92703

$4.65M0ba · 12,613 sqft
Lot 18,731 sqft•Apartment•
Active
•1008d on market•MLS# OC-24017864

Property Description

Bring all offers! This 19 unit complex is being offered at a $775,000 discount from its 2021 Selling Price. Additionally, an estimated $400,000+/- has been spent on recent improvements since 2022. The property consists of (16) 1 Bed / 1 Bath, (2) 2 Bed / 1 Bath units, and (1) Studio unit that has a 1 Bedroom configuration. Amenities include: on-site laundry, carport parking, and large patios. The property is located within walking distance of Downtown, Santa Ana High School and Pio Pico Elementary School.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential Income
Property Subtype
Apartment
Parking Spaces
28
Garage Spaces
0
Heating
Forced Air
City
Santa Ana
Zip Code
92703
County
Orange
Listed byPat Swanson, Pat Swanson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$23,512.93
Principal & Interest
Loan Amount
$3,720,000
Total Interest
$4,744,655
Total Payment Over 30 Years
$8,464,655
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 1 active · 3 closed

510 South Flower Street, Santa Ana, CA 92703

Santa Ana · Apartment

$4.65M
Luxury Tier
Beds
0
Baths
0
Sqft
12,613
Lot
18,731 sqft
Year
1980
$/Sqft
$369
Golf: No?

Listed 26.5% above the median closed sale price of $3,675,000. At $369/sqft, the subject is above the comp average of $271/sqft. Comparable homes are selling at 90.6% of list price — buyers have negotiating leverage. Average days on market is 174 — expect a longer selling timeline in this segment. Luxury tier: fewer comparable sales are available, widening the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.65M· $369/sqft
Total list price
Closed comps
vs closed median $3.67M
+$975K (+26.5%)
Active comps
vs active median $4.50M
+$150K (+3.3%)
Price per sqft
Closed comps
vs closed avg $/sqft $271
+$98 (+36.2%)
Active comps
vs active avg $/sqft $364
+$5 (+1.4%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1213 West Brook, Santa Ana, CA 92703Santa Ana19610012,35720,038$364$4.50M10564
Total: 1 · Average0.00.012,35720,038$364$4.50M105
Median12,357$4.50M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
923 Minnie Street, Santa Ana, CA 92701Santa Ana195911/26/20240013,20021,780$3.92M$3.68M$2790.9412460
1130 -1138 W. Brook Street, Santa Ana, CA 92703Santa Ana195902/28/20240012,03220,698$4.14M$3.67M$3050.8919060
1328 North Durant Street, Santa Ana, CA 92706Santa Ana197912/09/20240012,50610,206$3.20M$2.85M$2280.8920857
Total: 3 · Average0.00.012,57917,561$3.40M$3.40M$00.91174
Median12,506$3.67M$3.67M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.