CA > Santa Ana > Floral Park
Santa Ana, CA 92706,1327 N Ross
Santa Ana, CA 92706,1327 N Ross
Santa Ana, CA 92706,1327 N Ross
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
11
Oct
Sun
12
Oct
Mon
13
Oct
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$16,750,000
Est. payment /mo
0.69 Acres Lot
Save

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Floral Park

MLS Listing ID OC25236618

HOA Y/N No

Year Built 1987

Lot Size 0.690 Acres

Property Sub-Type Apartment

Property Description

Vista Royale Apartments is a 55-unit multifamily community located in the highly desirable Floral Park District of Santa Ana, CA—one of Orange County's most established and densely populated rental markets. Positioned directly across from Willard Elementary School and less than one mile north of Downtown Santa Ana, the property offers a rare combination of infill location, walkable neighborhood amenities, and strong regional connectivity.

Built in 1986, this elevator-served, garden-style community features spacious floor plans, including a distinctive mix of seven (7) one-bedroom / one-bath units (±750 SF) and forty-eight (48) one-bedroom / two-bath with den units (±950 SF). Designed for long-term tenancy, each apartment includes dual balconies or patios, central heating and air, individual water heaters, and separate gas and electric metering. Many units have been upgraded with granite kitchen and bathroom countertops, gas range and hood, tile flooring in kitchens and baths, and ceiling fans throughout. The property also benefits from a fully implemented RUBS program for water, sewer, and trash, enhancing operational efficiency and net income.

Community amenities include 96 secured parking spaces on the ground floor, laundry rooms on each level, and open-air common areas that promote resident comfort and retention. The property is 100% occupied and operates under the City of Santa Ana's Rent Stabilization Ordinance (RSO).

Vista Royale Apartments is being offered for sale for the first time in over 20 years, representing a rare opportunity to acquire a well-maintained, institutionally managed asset in a supply-constrained market. Despite regulatory parameters, the property is well-positioned for continued income growth through seasoned ancillary revenue streams (RUBS, parking), strategic renovations, and active management.

The offering provides investors with the opportunity to acquire meaningful scale in one of Orange County's most durable rental markets—supported by stable in-place cash flow, long-term ownership stability, and a clear path to value creation.

This property can be purchase along with 502 East 6th Street Santa Ana CA 92701, a 45 plus 2-unit prime apartment complex.

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 86.0

Garage Description 86.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 96

Private Pool No

Building

Lot Description Sprinkler System

Story 4

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Senior Community No

Tax ID 39852108

Energy Description 5000.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Mike Marcu Mike Marcu, Broker 949 688 1224

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
 
Serving Southern California

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

There are 30 quick searches
 
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
More