Rosewood Apartments

Santa Ana is downtown for the world famous Orange County, California. It is the County Seat, the second-most populous city in Orange County with a population of over 310,000. Over 1,400 City employees work hard every day to deliver efficient public services in partnership with our community to ensure public safety, a prosperous economic environment, opportunities for our youth, and a high quality of life for residents. The City of Santa Ana is a 27-square mile, ethnically diverse city located 35 miles south of Los Angeles and roughly ten miles inland from the Pacific Ocean. The City comprises more than 60 distinct neighborhoods. The Santa Ana Unified School District is the local school district that serves the majority of our community. Santa Ana's centralized location places the City less than 30 minutes from most Southern California destinations, including four airports. Its density and transportation infrastructure enable residents and employees to embrace a sustainable lifestyle by commuting to work via bus, train, bicycle, or on foot. This convenience attracts a diverse population that appreciates Santa Ana's distinctive housing choices, energetic nightlife, and cultural amenities like the Artist’s Village, Discovery Cube Orange County, Heritage Museum of Orange County, the Santa Ana Zoo at Prentice Park, and more. Santa Ana has a large and diverse business base, with over 30,000 businesses who employ over 150,000 people. Santa Ana is the corporate headquarters of several large companies, including Behr Paint and First American Financial Corporation.The Kirklen Investment Group is pleased to present 2729 S. Rosewood Street, a 4-unit multifamily investment opportunity located in the highly sought-after Rosewood Baker neighborhood of Santa Ana, California. Built in 1961, this asset offers immediate value-add potential through strategic interior upgrades and rental repositioning. The property consists of four spacious two-bedroom, townhome-style units, each approximately 990 square feet. Each unit is equipped with a private single-car garage, additional surface parking, private patios, and separate utility metering for gas and electricity. In 2025, 50% of the units underwent capital improvements including new kitchen cabinetry, granite countertops, vinyl plank flooring, and updated bathroom vanities and toilets. These renovations reflect pride of ownership and set the stage for further upside through completion of remaining unit improvements. Ideally located less than 1.4 miles from South Coast Plaza, 3.3 miles from John Wayne Airport, and under 4.4 miles from Orange Coast College, the property appeals to a broad tenant base, including families, professionals, and students. Its proximity to major transportation corridors, including I-405 and 55-FWY, offers convenient access to key employment centers throughout Orange and Los Angeles Counties.