Presenting the Bishop Apartments, a well-maintained multifamily investment opportunity in the heart of Santa Ana. The property features a unit mix of one- and two-bedroom units including one non conforming unit (1BD / 1BA), generating stable cash flow via strong tenant demand. Recent capital improvements, including seismic retrofitting, combined with on-site laundry, private patio space, and ample parking position the property for continued strong performance and future upside. The Bishop Apartments offers investors a compelling opportunity to acquire a quality asset with stable in-place income and long-term appreciation potential in one of Orange County's strongest rental markets.
Details
MLS #
OC26160223
Listing Type
For Sale
Style
Condominium
Sub-Type
Resale
Status
Active
Year
1965
Days On Site
44
Listing Provided By
Skyline Commercial Real Estate | Antonio Borrelli
Features
SQ Feet
15,873
Car Port
Yes
Story(s)
2
Units
24
Building(s)
2
Acreage
0.56
Exterior
Lot Features
Street Level
Parking
Garage Yes / No
No
Utilities
Sewer
Public Sewer
Location
Community Features
Curbs, Gutters, Sidewalks
Area Information
State
CA
County
Orange
City
Santa Ana
Zip Code
92703
Area
69 Santa Ana South of First
Community Name
Other
Listing VS Median (in Other)
Price: $5,200,000
low | high
Med: $808,990
100% of Average
sqft: 15,873
low | high
Med: 3,159
100% of Average
$ / sqft: $328
low | high
Med: $256
71.828364197531% of Average
On site: 44
low | high
Med: 116
37.931034482759% of Average
Sourced by Back At You
Market Activity 92703
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 3
Avg $ Per SqFt: $473.4
Min Sale Price: $520,000
Max Sale Price: $1,501,000
Med Sale Price: $922,000
Date: Jun 2026
Sales: 3
Avg $ Per SqFt: $756.68
Min Sale Price: $615,000
Max Sale Price: $825,000
Med Sale Price: $820,000
Date: May 2026
Sales: 6
Avg $ Per SqFt: $564.38
Min Sale Price: $170,000
Max Sale Price: $1,185,000
Med Sale Price: $779,500
Date: Apr 2026
Sales: 7
Avg $ Per SqFt: $544.09
Min Sale Price: $139,000
Max Sale Price: $1,575,000
Med Sale Price: $745,000
Date: Mar 2026
Sales: 15
Avg $ Per SqFt: $570.88
Min Sale Price: $105,000
Max Sale Price: $1,188,500
Med Sale Price: $850,000
Date: Feb 2026
Sales: 10
Avg $ Per SqFt: $587.41
Min Sale Price: $200,000
Max Sale Price: $1,400,000
Med Sale Price: $805,000
Date: Jan 2026
Sales: 9
Avg $ Per SqFt: $562.92
Min Sale Price: $40,000
Max Sale Price: $2,615,000
Med Sale Price: $805,000
Date: Dec 2025
Sales: 1
Avg $ Per SqFt: $664.55
Min Sale Price: $774,200
Max Sale Price: $774,200
Med Sale Price: $774,200
Date: Sep 2025
Sales: 1
Avg $ Per SqFt: $136.22
Min Sale Price: $170,000
Max Sale Price: $170,000
Med Sale Price: $170,000
Sourced by Back At You
Jul 2026
Sales:
3
Avg $ Per SqFt:
$473.4
Min Sale Price:
$520,000
Max Sale Price:
$1,501,000
Med Sale Price:
$922,000
Jun 2026
Sales:
3
Avg $ Per SqFt:
$756.68
Min Sale Price:
$615,000
Max Sale Price:
$825,000
Med Sale Price:
$820,000
May 2026
Sales:
6
Avg $ Per SqFt:
$564.38
Min Sale Price:
$170,000
Max Sale Price:
$1,185,000
Med Sale Price:
$779,500
Apr 2026
Sales:
7
Avg $ Per SqFt:
$544.09
Min Sale Price:
$139,000
Max Sale Price:
$1,575,000
Med Sale Price:
$745,000
Mar 2026
Sales:
15
Avg $ Per SqFt:
$570.88
Min Sale Price:
$105,000
Max Sale Price:
$1,188,500
Med Sale Price:
$850,000
Feb 2026
Sales:
10
Avg $ Per SqFt:
$587.41
Min Sale Price:
$200,000
Max Sale Price:
$1,400,000
Med Sale Price:
$805,000
Jan 2026
Sales:
9
Avg $ Per SqFt:
$562.92
Min Sale Price:
$40,000
Max Sale Price:
$2,615,000
Med Sale Price:
$805,000
Dec 2025
Sales:
1
Avg $ Per SqFt:
$664.55
Min Sale Price:
$774,200
Max Sale Price:
$774,200
Med Sale Price:
$774,200
Sep 2025
Sales:
1
Avg $ Per SqFt:
$136.22
Min Sale Price:
$170,000
Max Sale Price:
$170,000
Med Sale Price:
$170,000
MLS#: OC26160223 Listed By: Antonio Borrelli - Skyline Commercial Real Estate - 9496886530- bobby@skylinecommercialadvisors.com
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MLS#: OC26160223 Listed By: Antonio Borrelli - Skyline Commercial Real Estate - 9496886530- bobby@skylinecommercialadvisors.com