1003 W Bishop St, Santa Ana, CA, 92703
About This Home
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.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1965
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 28
- Bathrooms: 24
Features
- Common walls with other units/homes: No Common Walls
Interior Area
- Total structure area: 15,873
- Total interior livable area: 15,873 sqft
Property
Details
- Parcel number: 01012146
- Special condition: Standard
Features
- Entry location: Street
- Pool features: None
Lot
- Lot size: 0.56 Acres
- Features: Street Level
Parking
- Total spaces: 24
- Parking features: Carport
- Covered spaces: 24
- Carport: Yes
- Carport spaces: 24
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 | $26,294 | $315,528 |
| Home Insurance * | $583 | $6,996 |
| Property Taxes | $2,773 | $33,276 |
| Electricity | $3,403 | $40,845 |
| Total | $33,053 | $396,636 |
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 |
|---|---|---|
| 2026-07-24 | Listed for sale | $5,200,000 |
| 2018-02-06 | Listing removed | $4,835,000 |
| 2018-01-10 | Price change | $4,835,000 |
| 2011-02-18 | Listed for sale | $925 |
View on Zillow