$3,100,000

710 W Washington, Santa Ana, CA 92706

  • 10,400 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon8,133sqft lot
  • Property Parking Icon 14 car garage
  • Property Price Per Square Feet Icon $298/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

The Washington Apartments is a 14-unit apartment community located in the heart of Santa Ana. Built in 1983 and situated just north of the historic Downtown District, the property offers investors a high–cash-flow opportunity with significant upside potential. The property is attractively priced at a strong 5.9% cap rate based on current income, with local market rents supporting an estimated 8.9% pro forma cap rate. The Washington Apartments features spacious studio units, each exceeding 700 square feet. Residents currently pay RUBS, contributing to efficient, low-expense operations. The property also provides multiple on-site common-area laundry machines for resident convenience, as well as 14 gated garage parking spaces located on the first floor.

Listing Status:
Active
Date Added:
January 20, 2026
Data Last Updated:
February 7, 2026 at 6:19PM
Listing Office:
R L M Equities : 949-573-5309
Listing Agent:
Randall Mycorn : 949-573-5309
MLS ID:
NP26007705
  • Laundry: Common Area
  • Pool: None
  • Parking: Parking spaces: 14
  • General: 3
  • Originating MLS: CRMLS_CRM
  • County: Orange
  • Zoning: 39853106
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

Presented by Veterans United Realty

This listing courtesy of Randall Mycorn , R L M Equities

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Woodrow Wilson Elementary School

1317 N Baker St, Santa Ana, CA, 92706

Grades KG-5

0.42 miles away

F

Frances E. Willard Intermediate School

1342 N Ross St, Santa Ana, CA, 92706

Grades 6-8

0.14 miles away

M

Middle College High School

1530 W 17th St, Santa Ana, CA, 92706

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.