1003 W Bishop Santa Ana, CA ^$ 5,200,000

1003 W Bishop

^$ 5,200,000

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Recently Listed

1003 W Bishop

Santa Ana, CA, 92703

^$ 5,200,000

Studio Baths1.0 Sq 15,873

Monthly Estimate*

^$ 32,833

Listed by Skyline Commercial Real Estate

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Studio

Multi-Family Home for sale in Santa Ana, CA

for $5,200,000 with 1 full bath. This 15,873 square foot home was built in 1965 on a lot size of 0.56.

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.

Multi-Family Active

Price

^$ 5,200,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.56

Year Built

1965

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

OC26160223

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1965

Property Subtype Apartment

Gross Income 521964

Community Features Curbs Gutter(s) Sidewalks

County Orange

Net Operating Income 335684

Operating Expense 170621

Insurance Expense 14286

New Construction false

Property Type Residential Income

Subdivision Name Other

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Off Bishop

City Santa Ana

Entry Location Street

Senior Community Y/N false

Number Of Units Total 24

MLS Area 69 - Santa Ana South of First

Lot Size Units Square Feet

Lot Size Square Feet 24394

Carport Spaces 24

Carport Y/N true

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 0

Property Sub Type Additional Apartment

Expected Active Date 2026-07-24

Cap Rate 6.46

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Street Level

Water Source Public

Total Parking 24

Lot Size Area 24394

Number of Buildings 2

Building Area Total 15873

Lot Size Acres 0.56

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 24

Number of Separate Electric Meters 24

* Excluded Features

List By

Skyline Commercial Real Estate

Broker

antonio@skylinecommercialadvisors.com

Affordability Calculator

$32,833

Per Month

Monthly Principal & Interest: $32,833
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Ana, CA

Average List Price ^$2,099,563

Percent of Sale Price 60%

About Santa Ana, CA

331,906 Population

-2% Since 2002

^$55,844 Median Income

32.48 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/23/2026	$5,200,000		Listed Price

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1003 W Bishop, Santa Ana, CA, 92703 is a Multi-Family Home for sale at $5,200,000 with 15,873 sqft and a lot size of 0.56. 1003 W Bishop is a studio with 1.0 baths and was built in 1965. The property's zip code is 92703 which is in Santa Ana, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/24/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1003 W Bishop

Multi-Family Home for sale in Santa Ana, CA

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