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VF Developments, LLC, a minority and female owned and run company, has reintroduced a historic 1920’s built Spanish Villa style eight-unit multifamily community property to the revitalizing Downtown Santa Ana market in Orange County after completing major renovations.
VF Developments, LLC, in joint venture with a private investor in August 2020, acquired the Santa Ana multifamily property located at 1524-1530 North Sycamore Street, Santa Ana, California with the plan of repositioning and adding capital improvements to bring back its original 1920s glamour. Originally built in the “Roaring 20s” in 1929, VF Development’s improvements included enhancements to exterior redesign to accentuate the Spanish revival style architecture. These improvements included new iron work, landscaping makeover, major roof renovation with authentic red clay barrel tile roof on the property, beautiful tiered fountain in the courtyard, newly painted white stucco and high contrasting expresso trim, completely restored and upgraded interior finishes, as well as new electrical and plumbing with central heating & cooling system.
Rancho Cucamonga based TriWest Contractors completed the stunning renovations for the ownership group and Los Angeles based Drake Real Estate Group will provide property management and leasing services.
1524-1530 North Sycamore Street, located in the heart of Santa Ana’s historic Willard neighborhood features two side by side, four-unit, two-story low-rise buildings with Santa Barba style architecture. Residents of this gated community will enjoy a calming water fountain in the courtyard, private entryways to each unit, balconies, red tile roofs, and dedicated remote-controlled garage parking.
Victoria Vu, a renowned designer and managing partner of VF Developments, LLC and formerly a leading Halloween costume designer, carefully designed and restored the rental homes. These 1920s vintage luxury rental homes feature keyless entry door locks to spacious one bedroom and two-bedroom floor plans with arched entry ways to newly renovated kitchen and bathrooms. The kitchen boasts sparkling white stone quartz countertops with brand new self-closing cabinetry and high-end Samsung stainless-steel refrigerators with matching gas cooktop with oven and microwave. Stacked washer and dryers included inside each rental home with porcelain tiled bathtubs and glass shower doors and separate guest bathrooms. Each rental home also includes central A/C cooling and heating with recessed lights with luxury style interior finishes and distressed wood plank floors.
This building, located in a Qualified Opportunity Zone (QOZ), has major attributes that includes its proximity to the best of what Santa Ana has to offer. These include the Bowers Museum, Main Place Mall with city approved $300 million remodel planned, Orange County School of the Arts, The Discovery Cube of Santa Ana, The Santa Ana Zoo, and 4th Street Market. Minutes off the 5 Freeway on the 17th Street exit and nestled in the historic Willard area of Santa Ana and adjacent to French Park - an area known for its Victorian homes. The community is minutes to Downtown Santa Ana - the rapidly gentrifying area known for its eclectic eateries and elevated dining, fantastic night life, shopping and a host of other activities. Downtown Santa Ana, also called Downtown Orange County, is the historic city center of Santa Ana and the county seat of Orange County. It is the institutional center for the city of Santa Ana as well as Orange County, a retail and business hub, and has in recent years developed rapidly as a regional cultural, entertainment and culinary center for Orange County.
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