317 S Flower St, Santa Ana, CA, 92703
About This Home
The Flower Street Apartments is comprised of a 20 unit gated apartment complex located in the heart of Santa Ana. All of the units have been COMPLETELY renovated with approximately $500,000 spent over the last 5 years in both the interiors and exterior. The property is individually metered for both gas & electric and has their own water heater. Each unit has a large patio/balcony for the tenants to enjoy. The renovated units include new kitchens with quartz countertops, stainless steel appliances, new bathrooms/showers with new vanities, tile shower walls, high-efficiency toilets, LED recessed lighting and new windows. The exterior renovations include paint, new staircases and decking, security camera system, exterior lighting and new landscaping. The building is also equipped with a fire sprinkler system throughout. There is also a laundry room with owned equipment that generates additional monthly cashflow. Although existing rents are strong, there is still rental upside with the opportunity for a new investor to raise rents for even better cash flow. This is a great investment opportunity for the passive investor who wants a turnkey, pride of ownership property with great cash flow! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1985
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 20
Features
- Common walls with other units/homes: 2+ Common Walls
Interior Area
- Total structure area: 10,350
- Total interior livable area: 10,350 sqft
Property
Details
- Parcel number: 00820327
- Attached to another structure: Yes
- Special condition: Standard
Features
- Entry location: 1
- Pool features: None
Lot
- Lot size: 6,146 sqft
- Features: 16-20 Units/Acre
Parking
- Total spaces: 26
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 20
- Covered spaces: 20
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $25,151 | $301,812 |
| Home Insurance * | $558 | $6,696 |
| Property Taxes | $2,652 | $31,824 |
| Electricity | $2,219 | $26,633 |
| Total | $30,580 | $366,960 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Price change | $4,974,000 |
| 2025-04-10 | Listed for sale | $4,975,000 |
| 2014-08-19 | Listing removed | $2,765,000 |
| 2014-08-05 | Listed for sale | $2,765,000 |
| 2014-03-26 | Listing removed | $2,825,000 |
| 2013-11-08 | Listed for sale | $2,825,000 |
| 2011-04-27 | Listing removed | $1,925,000 |
| 2011-02-06 | Listed for sale | $1,925,000 |
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