949-302-1400
888 N Main St, Santa Ana, CA for Sale
Apartments - FOR SALE
1/20
null | Request Cap Rate

888 N Main St
Santa Ana, CA 92701
Willard


HIGHLIGHTS

  • Unique Property: 888 on Main is a one-of-a-kind 148-unit multifamily asset located near Downtown Santa Ana, California.
  • Adaptive Reuse: Former office building transformed into a modern, state-of-the-art apartment community. Due to its recent conversion, the property is
  • Urban Core Opportunity Zone Location: Prime downtown Santa Ana setting with strong walkability and access to employers, dining, and entertainment.
  • Contemporary Design: Features upscale finishes, open layouts, and high-demand modern amenities.
  • Differentiated Asset: Stands out in the market as a rare office-to-multifamily conversion with strong appeal to urban renters.
  • Investment Strength: Combines unique architectural character with new construction quality and efficient operations.

OVERVIEW

888 on Main represents a premier multifamily investment opportunity in the heart of Downtown Santa Ana, one of Orange County’s most vibrant and supply-constrained rental markets. The property offers a desirable mix of upscale New York inspired loft-style studio, one-, and two-bedroom floorplans, each thoughtfully designed with features that drive strong renter demand. Units include gourmet kitchens with stainless steel appliances, contemporary finishes, high ceilings, oversized windows, ample storage, and newly renovated interiors, providing residents with modern living spaces that command premium rents, as well as views of the city. Due to the conversion in 2021, the property is not subject to local Santa Ana rent control measures. The community delivers an extensive amenity package that enhances long-term appeal, including a resident clubhouse, 24-hour fitness center, game room with billiards, complimentary Wi-Fi in shared areas, valet trash service, controlled-access garage parking, on-site laundry facilities, and professional management and maintenance. These features not only strengthen tenant satisfaction but also support stable occupancy and consistent cash flow. Positioned within walking distance of Downtown Santa Ana’s restaurants, retail, and cultural attractions, and with convenient access to regional employment hubs and transit corridors, 888 on Main benefits from strong locational fundamentals. Combined with Orange County’s sustained rental demand and limited pipeline of new supply, the property is well positioned to deliver both steady income and long term value appreciation for investors.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

148

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

888 on Main

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

10

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

SP3, Midtown Specifi Plan

APN/PARCEL ID

005-185-30

ASK ABOUT THIS PROPERTY

Peter HauserNorthmarqMore Info
949-302-1400

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Peter HauserNorthmarqMore Info
949-302-1400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.