VWC Property Management and Dispositions logo
Civic Center Dr. W. — 14-unit apartment property in Santa Ana, California
Available

Civic Center Dr. W.

Santa Ana, CA · Orange County

$4.90M
Orange County1031 Candidate
Request Offering MemorandumCall (949) 441-5580

Buyer's broker cooperation welcome. Financials are available to qualified buyers upon request and confidentiality review.

Key facts

Status
Available
Units
14
Year built
1987
Renovation
Partially Renovated
Occupancy
93%
Price
$4.90M
City
Santa Ana, CA
County
Orange County

Property overview

Civic Center Dr. has completed all planned interior and exterior capital improvement projects and continues to operate as a well-maintained, stabilized asset. The property is currently 93% occupied and has consistently maintained strong occupancy, reflecting healthy demand within the Santa Ana rental market. Management remains focused on maximizing the property's performance through ongoing lease renewals with rental rate increases as existing leases expire. With all major capital improvements complete and only limited vacancy, the property is well-positioned to maintain stable cash flow while capturing additional rental growth over time.

Investment highlights

  • Controlled access with gated garage parking
  • Private balconies
  • 1987 vintage — newer construction in submarket
  • Central Santa Ana location
  • 14 units — institutional-scale efficiency

Location summary

Santa Ana sits within Orange County, a supply-constrained Southern California rental submarket with durable tenant demand and limited new multifamily construction.

Renovation summary

Partially Renovated. Capital improvement detail, scope, and cost basis are available to qualified buyers on request.

Rent & operations

Currently 93% occupied and professionally managed in-house. Rent roll, trailing operating statements, and renewal history are provided during diligence.

Broker cooperation

VWC Real Estate cooperates with licensed brokers representing qualified buyers. Register your client at first contact to confirm representation.

Request offering memorandum

Request detail and financials for Civic Center Dr. W.

Financial detail and offering materials are released to qualified buyers following a confidentiality review. Nothing here is tax, legal, or investment advice.

Other opportunities

E. Lincoln Ave. — 12-unit multifamily property in Fullerton, CAAvailable
Fullerton, CA · Orange County

E. Lincoln Ave.

Units
12
Built
1955
Price
$5.10M

Lincoln Ave. continues to perform well following the completion of all planned interior and exterior capital improvements. The property is currently 100% occupied, reflecting strong tenant demand and successful operational execution. With renovations complete, the asset has transitioned from a value-add project into a stabilized, income-producing investment. Leasing activity remains strong and continues to support rental growth. Effective May 1, 2026, a new two-bedroom, one-bath lease was signed at $2,450 per month, establishing a new market benchmark for the property and exceeding the current average in-place rent of $2,315 per month for comparable units. Management is actively working through lease renewals with rent increases, providing additional opportunities to grow revenue while maintaining high occupancy.

Orange County1031 CandidateStabilized Asset
Request Offering Memorandum
S. Malden Ave. — 12-unit multifamily property in Fullerton, CAAvailable
Fullerton, CA · Orange County

S. Malden Ave.

Units
12
Built
1960
Price
$4.55M

Malden Ave. has successfully completed all planned interior and exterior capital improvement projects and is now operating as a fully renovated, stabilized asset. The property is currently 100% occupied, demonstrating continued demand within the Fullerton rental market and the effectiveness of the renovation program. Management is focused on optimizing the property's income through ongoing lease renewals that include rental rate increases as leases expire. With major capital expenditures complete and operations stabilized, the property is well-positioned to deliver consistent cash flow and long-term value.

Orange CountyRenovated1031 Candidate
Request Offering Memorandum
Charlene Circle — 6-unit multifamily property in Huntington Beach, CAAvailable
Huntington Beach, CA · Orange County

Charlene Circle

Units
6
Built
1975
Price
$3.15M

Charlene Circle has completed all planned interior and exterior capital improvement projects and is now operating as a fully renovated, stabilized asset. The 6-unit property is currently 100% occupied, reflecting strong demand for well-maintained rental housing in the Huntington Beach market. A property management transition was successfully implemented in February 2026, with operations continuing smoothly throughout the change. The property's leasing performance has remained strong, with a newly executed lease establishing a market rental rate of $3,650 per month for a three-bedroom, two-bath unit — an 11.34% increase over the previous rent of $3,278 per month.

Orange CountyRenovated1031 Candidate
Request Offering Memorandum