Home | Orange County | Santa Ana | 92706 | 1327 N Ross
MLS: CROC26129355 | Status: | Price: $16,750,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 16,640 | 1987 |
Vista Royale Apartments is a well-maintained 55-unit multifamily community located in Santa Ana's highly desirable Floral Park neighborhood, directly across from Willard Elementary School and less than one mile from Downtown Santa Ana. The property benefits from strong renter demand, excellent regional connectivity, and proximity to major employment, retail, and entertainment destinations. Built in 1987, the community consists of 7 one-bedroom units and 48 oversized floorplans featuring one bedroom, two bathrooms, and a den, effectively competing with traditional two-bedroom, two-bathroom apartments. These unique units also feature dual private balconies, a rare amenity that enhances resident appeal and supports rental growth. Offered at an attractive 5.84% capitalization rate, Vista Royale provides immediate cash flow with approximately $235,000 in loss-to-lease, creating a clear opportunity to increase revenue through continued rent growth. The property is exceptionally efficient from an operational standpoint, with 100% separate gas and electric metering and a well-established RUBS program that recovers a substantial portion of water and trash expenses. Ownership has also recently completed both the SB 721 inspection and the City of Santa Ana Fire Department sprinkler
| Field | Value |
|---|---|
| MLS # | CROC26129355 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Laundry | Community Facility |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 96 Car(s) |
| HOA Fee | $0 |
Mike Marcu
Mike Marcu, Broker
License #: 00919594
Phone: (949) 688-1224
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 55 | – |
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This listing information is up-to-date as of June 13, 2026. For the most current information, please contact Mike Marcu, (949) 688-1224.