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Listed price in listed location currency (USD).
$16,750,000

0096

MLS® OC25236618

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 64
Approx. Age 1987
MLS® Number OC25236618

Property Address: 1327 N Ross St, Santa Ana, CA, 92706-4015

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberOC25236618
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageYes
Approx. Age1987
Stories4
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 11, 2025List Date
$16,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
1327 N Ross St, Santa Ana, CA

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