Presenting 223 South Orange Avenue, a high-cash-flow five-unit multifamily investment property located in the desirable Pacific Park neighborhood of Santa Ana, California. The property features a spacious Victorian front house configured as a five-bedroom, five-bath unit, complemented by a rear four-plex offering efficient studio floorplans designed to maximize rental income and promote long-term occupancy stability. Residents enjoy desirable amenities including an on-site laundry facility, a shared central courtyard, four individual garage parking spaces, and security screen doors. The property has been professionally managed throughout ownership, ensuring consistent performance and reliable cash flow. A Ratio Utility Billing System (RUBS) is in place, effectively reducing ownership expenses and improving operating efficiency. Recent capital improvements include upgraded electrical panel on the front house. While the property provides strong in-place income, additional interior and exterior renovations present a clear opportunity to further enhance value, elevate curb appeal, and achieve higher market rents. The garages offer an additional value-add opportunity in which buyers may rent them out for supplemental income or explore converting them into an ADU to further maximize re
MLS #
CROC25265433
MLS Source
California Regional MLS
Days on Site
26
Garage/Parking
Garage: 4 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | – |
223 S Orange is a Residential Income in Santa Ana, CA 92701. This – square foot property sits on a 6,534 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1963. This address can also be written as 223 S Orange, Santa Ana, CA 92701.
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This listing information is up-to-date as of December 18, 2025. For the most current information, please contact Justin Butler