710 W Washington Ave

Beds
14
Baths
10,400 Sq. Ft.
$298 / Sq. Ft.
10,400
Sq. Ft.
$298
per Sq. Ft.

Description

The Washington Apartments is a 14-unit apartment community located in the heart of Santa Ana. Built in 1983 and situated just north of the historic Downtown District, the property offers investors a high–cash-flow opportunity with significant upside potential. The property is attractively priced at a strong 5.9% cap rate based on current income, with local market rents supporting an estimated 8.9% pro forma cap rate. The Washington Apartments features spacious studio units, each exceeding 700 square...The Washington Apartments is a 14-unit apartment community located in the heart of Santa Ana. Built in 1983 and situated just north of the historic Downtown District, the property offers investors a high–cash-flow opportunity with significant upside potential. The property is attractively priced at a strong 5.9% cap rate based on current income, with local market rents supporting an estimated 8.9% pro forma cap rate. The Washington Apartments features spacious studio units, each exceeding 700 square feet. Residents currently pay RUBS, contributing to efficient, low-expense operations. The property also provides multiple on-site common-area laundry machines for resident convenience, as well as 14 gated garage parking spaces located on the first floor.
  1. Listed by Randall Mycorn • DRE #02078223 • Brokerage DRE #00866406 • R L M Equities • 949-573-5309

Property Details for 710 West Washington Avenue

Parking Spaces Total
14
Private Pool
No
Total Units
14.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
10400
Assessor Parcel Number
398-531-06
Property Attached YN
true
LISTING UPDATED: 01/20/2026 09:46 AM

Property Details for 710 West Washington Avenue

StatusActive
MLS #NP26007705
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1983
Lot Size0.19 AC / 8,133 SF
CountyOrange County

Location

Listing Courtesy of R L M Equities, Randall Mycorn, DRE #02078223
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Building Information for 710 West Washington Avenue

Stories3Residences-Year Built1983Building Size-Lot Size0.19 AC / 8,133 SF

Payment Calculator

$16,406 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,109

Property Taxes

$1,297

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 710 West Washington Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $26,442
  • Gross Scheduled Income: $281,262
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $273,617
  • Net Operating Income: $179,269
  • Number Of Rented Garages: 9880
  • Laundry Income: $3,896
  • Other Income Description: RUBS
  • Other Income 1: $12,666
Expense Details
  • Operating Expense: $94,348
  • New Taxes Expense: $37,964
  • Gardener Expense: $1,100
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $11,696
  • Maintenance Expense: $20,000
  • Professional Management Expense: $0
  • Other Expense: $21,000
  • Other Expense Description: All Utl.
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $2,588
  • Total Expenses: $94,348
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Lot: 49
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 14
  • Parking Garage Spaces: 14
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $3,700
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,334
  • Unit Type Total Rent: $5,336
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,404
  • Unit Type Total Rent: $1,404
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,335
  • Unit Type Total Rent: $1,335
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,699
  • Unit Type Total Rent: $3,398
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,447
  • Unit Type Total Rent: $2,894
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,368
  • Unit Type Total Rent: $1,368
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 8
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1

Property History for 710 West Washington Avenue

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Listed (Active)

CRMLS #NP26007705

$3,100,000
Jan 20, 2026

Listed (Active)

CLAW #NP26007705MR

$3,100,000
Oct 7, 2022

Withdrawn / Cancelled

CRMLS #NP22117668

$3,660,000
Jun 16, 2022

Withdrawn / Cancelled

CLAW #NP22117668MR

Jun 16, 2022

Withdrawn / Cancelled

SDMLS #NP22117668

Jun 13, 2022

Price Change

CLAW #NP22117668MR

$3,660,000
Jun 1, 2022

Listed (Active)

SDMLS #NP22117668

$3,665,000
Jun 1, 2022

Listed (Active)

CRMLS #NP22117668

$3,665,000
Jun 1, 2022

Listed (Active)

CLAW #NP22117668MR

$3,665,000
Jul 27, 2001

Withdrawn / Cancelled

CRMLS #P250501

$795,000
Jul 27, 2001

Withdrawn / Cancelled

CLAW #P250501MR

Jul 12, 2001

Listed (Active)

CRMLS #P250501

$795,000
Jul 12, 2001

Listed (Active)

CLAW #P250501MR

$795,000
Jul 12, 2001

Listed (Active)

CRMLS #CC209911

$795,000
DateEvent & SourcePrice
01/20/2026

Listed (Active)

CRMLS #NP26007705

$3,100,000
01/20/2026

Listed (Active)

CLAW #NP26007705MR

$3,100,000
10/07/2022

Withdrawn / Cancelled

CRMLS #NP22117668

$3,660,000
06/16/2022

Withdrawn / Cancelled

CLAW #NP22117668MR

06/16/2022

Withdrawn / Cancelled

SDMLS #NP22117668

06/13/2022

Price Change

CLAW #NP22117668MR

$3,660,000
06/01/2022

Listed (Active)

SDMLS #NP22117668

$3,665,000
06/01/2022

Listed (Active)

CRMLS #NP22117668

$3,665,000
06/01/2022

Listed (Active)

CLAW #NP22117668MR

$3,665,000
07/27/2001

Withdrawn / Cancelled

CRMLS #P250501

$795,000
07/27/2001

Withdrawn / Cancelled

CLAW #P250501MR

07/12/2001

Listed (Active)

CRMLS #P250501

$795,000
07/12/2001

Listed (Active)

CLAW #P250501MR

$795,000
07/12/2001

Listed (Active)

CRMLS #CC209911

$795,000

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

Public Records for 710 West Washington Avenue

Taxable ValueLand$245,121Additions$804,886Total$1,050,007
Tax Record2025$15,561 ($1,297 / month)
Home Facts
Total Finished SqFt1,145 SqFtAbove Grade Finished SqFt1,145 SqFtLot Size8,139 SqFtStyleMulti-Family Dwelling (2-4)Year Built1917CountyORANGEAPN398-531-06

Schools near 710 West Washington Avenue

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

Willard Intermediate School
Public6 to 8

Santa Ana 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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710 West Washington Avenue is a mixed use property for sale in Santa Ana, CA 92706. This property was listed for sale on January 20, 2026 by R L M Equities, it's currently listed at $3,100,000. This listing's school district is Santa Ana Unified School District. Nearby schools include Heroes Elementary School, Willard Intermediate School and Santa Ana High School. 710 West Washington Avenue is a 0-bed, 14-bath, 10,400 sqft mixed use property built in 1983.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 R L M Equities, Randall Mycorn, DRE #02078223

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.