1419-1423 S Sycamore St

$3,250,000
Price
24
Beds
12
Baths
8,995 Sq. Ft.
$361 / Sq. Ft.
8,995
Sq. Ft.
$361
per Sq. Ft.

Description

1419-1423 represents the opportunity to acquire 12 units situated across two adjacent parcels just one block off Main Street in Santa Ana. This well-maintained property is comprised of 100% 2 bed + 1 bath units averaging approximately 750 square feet each. Built in 1953, the buildings boast a total of 8,995 square feet with aggregate lot square footage of 12,502. Each unit is rented with one off-street parking space. Interior plumbing has been updated on both buildings and a water shutoff valve has...1419-1423 represents the opportunity to acquire 12 units situated across two adjacent parcels just one block off Main Street in Santa Ana. This well-maintained property is comprised of 100% 2 bed + 1 bath units averaging approximately 750 square feet each. Built in 1953, the buildings boast a total of 8,995 square feet with aggregate lot square footage of 12,502. Each unit is rented with one off-street parking space. Interior plumbing has been updated on both buildings and a water shutoff valve has been installed inside each unit. Both buildings have passed SB 721 balcony inspections. Tenants enjoy living on Sycamore because of it’s convenient proximity to both Main Street and Edinger Avenue. The property is within a 5-minute walk of shops and restaurants including: DG Market, Superior Grocers, Family Nails, Pizza Trio, Jack in the Box, KFC, Tierra Mia Coffee and many more. The units are generating strong cash ? ow with a 5.87% cap rate. With a minor investment in ? xtures and aesthetics a buyer will be able to capture a signi? cant amount of upside.

Property Details for 1419-1423 South Sycamore Street

Parking Spaces Total
0
Private Pool
No
Total Units
12.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
8995
Assessor Parcel Number
013-173-13
Property Attached YN
true
LISTING UPDATED: 11/03/2025 07:57 AM

Property Details for 1419-1423 South Sycamore Street

StatusActive
MLS #PW25107267
Days on Market214
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1953
Lot Size0.29 AC / 12,502 SF
CountyOrange County

Location

Listing Courtesy of Justin White, Justin White, DRE #01267826
Add your commute

Building Information for 1419-1423 South Sycamore Street

Stories2Residences-Year Built1953Building Size-Lot Size0.29 AC / 12,502 SF

Payment Calculator

$16,059 per month

30 year fixed, 6.28% Interest

Principal and Interest

$16,059

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1419-1423 South Sycamore Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $300,877
  • Gross Scheduled Income: $310,183
  • Net Operating Income: $204,909
  • Gross Multiplier: 10.48
  • Cap Rate: 6.3
Expense Details
  • Operating Expense: $95,968
  • Gardener Expense: $3,300
  • Fuel Expense: $0
  • Licenses Expense: $1,803
  • Electric Expense: $62
  • Insurance Expense: $6,319
  • Professional Management Expense: $15,509
  • Other Expense: $5,000
  • Other Expense Description: Reserves
  • Trash Expense: $8,561
  • Water Sewer Expense: $6,657
  • Total Expenses: $95,968
Tax / Assessment Info
  • Tax Tract Number: 1265
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Curbs, Suburban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Entry Location: S Sycamore St
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Electric: Electricity Connected, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,067
  • Unit Type Total Rent: $2,067
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 5
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 6
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,324
  • Unit Type Total Rent: $2,324
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 7
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,297
  • Unit Type Total Rent: $2,297
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 8
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,129
  • Unit Type Total Rent: $2,129
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2

Property History for 1419-1423 South Sycamore Street

DateEvent & SourcePriceAppreciation
Sep 2, 2025

Price Change

CLAW #PW25107267MR

$3,250,000
Sep 2, 2025

Price Change

CRMLS #PW25107267

$3,250,000
Jul 7, 2025

Price Change

CLAW #PW25107267MR

$3,350,000
Jul 7, 2025

Price Change

CRMLS #PW25107267

$3,350,000
May 14, 2025

Listed (Active)

CRMLS #PW25107267

$3,450,000
May 5, 2025

Listed (Active)

CLAW #PW25107267MR

$3,450,000
Jul 19, 2023

Withdrawn / Cancelled

CLAW #PW23055660MR

Jul 19, 2023

Withdrawn / Cancelled

CRMLS #PW23055660

$3,900,000
May 8, 2023

Price Change

CLAW #PW23055660MR

$3,900,000
Apr 4, 2023

Listed (Active)

CLAW #PW23055660MR

$4,075,000
Apr 4, 2023

Listed (Active)

CRMLS #PW23055660

$4,075,000
DateEvent & SourcePrice
09/02/2025

Price Change

CLAW #PW25107267MR

$3,250,000
09/02/2025

Price Change

CRMLS #PW25107267

$3,250,000
07/07/2025

Price Change

CLAW #PW25107267MR

$3,350,000
07/07/2025

Price Change

CRMLS #PW25107267

$3,350,000
05/14/2025

Listed (Active)

CRMLS #PW25107267

$3,450,000
05/05/2025

Listed (Active)

CLAW #PW25107267MR

$3,450,000
07/19/2023

Withdrawn / Cancelled

CLAW #PW23055660MR

07/19/2023

Withdrawn / Cancelled

CRMLS #PW23055660

$3,900,000
05/08/2023

Price Change

CLAW #PW23055660MR

$3,900,000
04/04/2023

Listed (Active)

CLAW #PW23055660MR

$4,075,000
04/04/2023

Listed (Active)

CRMLS #PW23055660

$4,075,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1419-1423 South Sycamore Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Martin Elementary School
PublicK to 5

Julia C. Lathrop Intermediate School
Public6 to 8

Saddleback High School
Public7 to 12

Cesar E. Chavez High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1419-1423 South Sycamore Street is a mixed use property for sale in Santa Ana, CA 92707. This property was listed for sale on May 5, 2025 by Justin White, it's currently listed at $3,250,000. This listing's school district is Santa Ana Unified School District. Nearby schools include Martin Elementary School, Julia C. Lathrop Intermediate School and Saddleback High School. 1419-1423 South Sycamore Street is a 24-bed, 12-bath, 8,995 sqft mixed use property built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Justin White, Justin White, DRE #01267826

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.