#PW25050495, Mike Shahbazi, Listing office: First Team Real Estate
$3,895,000 List price
1601 N Flower St Santa Ana, CA 92706
0.5 acres
Condo
Property details
About 1601 N Flower St
We are pleased to present the Flower Street Apartments, available for the first time in nearly 30 years. This well-maintained asset spans over half an acre and offers a majority of spacious two-bedroom floor plans exceeding 1,000 square feet, with more than half designed as two-story townhomes. The property features both garage and open parking, individual gas and electric meters, and gated entry, providing residents with privacy and comfort. Priced under $250 per square foot, this offering presents investors with significant upside potential, including a projected 60% increase in rental income. Flower Street Apartments represents a compelling investment opportunity with a cap rate exceeding 9% and a 7.86 GRM on market rents.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
Lot size0.5391 Acres
Year built1949
MLS #PW25163850
Garage13 spaces
Summary
- Garage Space: 13 spaces
- Private Pool: No
- Heating: Forced Air
- List Price: $3,895,000
- Annual Tax Amount: $19,158
- Tax Year: 2024
- Lot: Irregular Lot
- Directions: Going North on N. Flower St., Property Will Be On Your Right After Passing 15th St.
- Year Built: 1949
- Stories: 2
- Lot Size: 0.5391 Acres
- MLS Number: PW25163850
- MLS Name: CRMLS
- Office Name: Triqor Group
- Office Email: chris@triqorgroup.com
- Listing Agent: Chris Keramati
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 5:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 29, 1998 | Home Sold | $875,000 |
| May 23, 1994 | Home Sold | $675,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,344,849 | $19,158 |
| 2023 | $1,318,480 | $18,654 |
| 2022 | $1,292,628 | $18,402 |
| 2021 | $1,267,283 | $18,006 |
| 2020 | $1,254,289 | $18,004 |
| 2019 | $1,229,696 | $17,101 |
| 2018 | $1,205,585 | $17,101 |
| 2017 | $1,181,947 | $16,949 |
History based on county public records data.
Nearby schools
6
Wilson Elementary School
Public District KG-5
0.4 mi
•1317 N Baker St
4
Heroes Elementary School
Public District KG-5
0.6 mi
•1111 W Civic Center Dr
5
Davis Elementary School
Public District KG-5
0.7 mi
•1405 French St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,185. The majority of Santa Ana, CA residents have income between $35k-100k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
24%
<35k
51%
35k-100k
22%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
23%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
42%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
#PW25016338, Miguel Eizenga, Listing office: Miguel Angel & Associates.
Backup offers
#IG25126142, Joanne Casillas, Listing office: Alta Realty Group
Backup offers
#PW25138399, Alan Gandall, Listing office: Herdee Properties
Backup offers
#OC25149602, My LeNguyen, Listing office: Re/MAX TerraSol
#PW25105369, Priscilla Rael-Albin, Listing office: RE/MAX New Dimension
#OC25114456, Tyler Leeson, Listing office: Marcus & Millichap RE Invest
#PW25086093, Jeronimo Chavez, Listing office: J.C. Realtors, Inc
#OC24202271, Greg Bassirpou, Listing office: Marcus & Millichap RE Invest
Backup offers
#PW25145450, Jesus Morales, Listing office: First Team Real Estate
Frequently asked questions
About 1601 N Flower St
The listing price of 1601 N Flower St property is $3,895,000.
The property 1601 N Flower St is a condo located in Santa Ana, California, 92706.
Active Listing: 1601 N Flower St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1601 N Flower St are: Wilson Elementary School (GreatSchools Rating 6/10), Heroes Elementary School (GreatSchools Rating 4/10), Davis Elementary School (GreatSchools Rating 5/10), Scholarship Preparatory (GreatSchools Rating 5/10), Willard Intermediate School (GreatSchools Rating 2/10), El Sol Santa Ana Science and Arts Academy (GreatSchools Rating 7/10), Ocsa (GreatSchools Rating 9/10), Middle College High School (GreatSchools Rating 10/10), Nova Academy Early College High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $19,158 (source: MLS/based on county public records data).
The last sale was on September 29, 1998 for $875,000 (source: MLS/tax record).
The property at 1601 N Flower St has 0 bathroom.
The year of construction for 1601 N Flower St is 1949.
This home is located at 1601 N Flower St in Santa Ana, CA and zip code 92706 in the Willard neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $3,895,000.
While more than 39 listings in Santa Ana, CA in June 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 38 were sold below. The inventory of homes for sale in Santa Ana, CA between May and June 2025 increased by 4.6%. The median list price of listings available in June 2025 was $895,000, while the average time on the real estate market was 33 days.
From Rocket Homes Real Estate and based on county public records data.