Civic Center Dr. W. — photo 1Civic Center Dr. W. — photo 2Civic Center Dr. W. — photo 3Civic Center Dr. W. — photo 4
Renovated 2023

Civic Center Dr. W.

Santa Ana, CA 92703 · Orange County

Asking Price
$4,900,000
Total Units
14
Year Built
1987
Building SF
Contact for Details
Current Rent Cap Rate
4.46%
Market Rent Cap Rate
5.97%
Investment Overview

About this property

Civic Center Dr. has completed all planned interior and exterior capital improvement projects and continues to operate as a well-maintained, stabilized asset. The property is currently 93% occupied and has consistently maintained strong occupancy, reflecting healthy demand within the Santa Ana rental market. Management remains focused on maximizing the property's performance through ongoing lease renewals with rental rate increases as existing leases expire. With all major capital improvements complete and only limited vacancy, the property is well-positioned to maintain stable cash flow while capturing additional rental growth over time.

Highlights

  • ✓Controlled access with gated garage parking
  • ✓Private balconies
  • ✓1987 vintage — newer construction in submarket
  • ✓Central Santa Ana location
  • ✓14 units — institutional-scale efficiency