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1003 W Bishop St
Santa Ana, CA 92703 Pico-Lowell

$5,400,000 USD

Apartments For Sale  •  15,873 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,873 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 6.07 %
  • Zoning R4
50 Transit Score
67 Walk Score

Highlights

Attractive Unit Mix comprised of 20 one-bedroom units and 4 two-bedroom units, offering a balanced mix that appeals to a wide tenant base
In-Demand Upgraded Units featuring vinyl plank flooring, shaker-style cabinets, & granite countertops
Desirable Santa Ana Location providing residents with easy access to the shops, restaurants, and nightlife along 4th Street
Central Orange County Location in the heart of Santa Ana
Convenient access to major freeways (I-5, SR-55, and SR-22), retail centers, and regional job hubs in Irvine, Costa Mesa, and Anaheim

Financial Summary (Actual)

Net Operating Income: $327,906 USD (2025)
Cap Rate: 6.07 %
Total Expenses: $180,902 USD

Amenities

  • Balcony
  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Santa Ana (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.1 mi
Orange (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 5.2 mi
AirportDriveWalkDistance
John Wayne/Orange County 10 min - 5.4 mi
Long Beach (Daugherty Field) 28 min - 21.0 mi
Ontario International 48 min - 36.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Covered
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap