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1515 N Dresser Street, 
Santa Ana, CA 92701

$4,400,000

—

Bed

—

Bath

11,832

Sq Ft

Multi-Family

Active

Listed by

Chris Moreno

, 

Lisa Doan-Minh

Surterre Properties Inc.

949-717-7100

Last updated:

July 16, 2025, 01:17 PM

MLS#

NP25130863

Source:

CRMLS

About This Home

1515 N Dresser Street

Prime multifamily investment opportunity in the heart of Downtown Santa Ana’s French Court neighborhood. A well-maintained 19-unit property consisting of a mix of one- and two-bedroom residences. Each unit offers private outdoor space, gated tandem parking, and access to onsite laundry. Select units have been updated with modern finishes, offering immediate appeal to renters and potential for increased income. Located in a highly walkable area, the property is within close proximity to local schools, shopping, dining, and entertainment. Easy access to the 5, 55, and 22 freeways connects residents to all of Orange County. With current rents below market, there is long-term upside for the next owner through strategic management and continued unit upgrades. This is a rare opportunity to acquire a stabilized asset in one of Orange County’s most dynamic rental markets.

Home Facts

Multi-Family

Built in 1984

Price Summary

4,400,000

$371 per Sq. Ft.

MLS #:

NP25130863

Last Updated:

July 16, 2025, 01:17 PM

Added:

1 month(s) ago

Rooms & Interior

Interior

Living Area:

11,832 Sq. Ft.

Structure

Structure

Building Area:

11,832 Sq. Ft.

Year Built:

1984

Lot

Lot Size (Sq. Ft):

11,539

Finances & Disclosures

Finances

Price:

$4,400,000

Price per Sq. Ft:

$371 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of July 21, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.