510 South Flower Street, Santa Ana, CA 92703
510 South Flower Street, Santa Ana, CA 92703
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
Property Details
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Current Rates
Comparative Market Analysis
Luxury Tier · 1 active · 3 closed
Santa Ana · Apartment
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.
Active Properties (1)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1213 West Brook, Santa Ana, CA 92703 | Santa Ana | 1961 | 0 | 0 | 12,357 | 20,038 | $364 | $4.50M | 105 | 64 |
| Total: 1 · Average | 0.0 | 0.0 | 12,357 | 20,038 | $364 | $4.50M | 105 | |||
| Median | 12,357 | $4.50M | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 923 Minnie Street, Santa Ana, CA 92701 | Santa Ana | 1959 | 11/26/2024 | 0 | 0 | 13,200 | 21,780 | $3.92M | $3.68M | $279 | 0.94 | 124 | 60 |
| 1130 -1138 W. Brook Street, Santa Ana, CA 92703 | Santa Ana | 1959 | 02/28/2024 | 0 | 0 | 12,032 | 20,698 | $4.14M | $3.67M | $305 | 0.89 | 190 | 60 |
| 1328 North Durant Street, Santa Ana, CA 92706 | Santa Ana | 1979 | 12/09/2024 | 0 | 0 | 12,506 | 10,206 | $3.20M | $2.85M | $228 | 0.89 | 208 | 57 |
| Total: 3 · Average | 0.0 | 0.0 | 12,579 | 17,561 | $3.40M | $3.40M | $0 | 0.91 | 174 | ||||
| Median | 12,506 | $3.67M | $3.67M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.