1426 Minnie St

Santa Ana, CA 92707
  • $4,720,000

    Price
  • 18

    Bed
  • 10

    Bath
  • 14,268

    SqFt

About the Listing 30094 - A35776

Great cashflow! Current actual income is $430,366.36. Current actual CAP Rate is 6.7%. Market rent is $508,8000. Market CAP Rate is 8.24%. 20 high demand rental units located in the heart of Orange County. Separate APN numbers so buyer does not need on-site manager. Amenities include a spacious and quiet central courtyard, security doors, 2 on-site laundry rooms, and ample surface parking. Minnie Street is located just south of Santa Ana’s Downtown and is within the Pacific Park neighborhood. The property is within 1 mile of the bustling retail corridor of Downtown Santa Ana which provides residents with convenient access to a plethora of retail, dining, and entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School. Convenient excess to I-5 freeway. Separate electric meters paid by tenants. The landlord pays for water, trash, gas, and sewer. 8-2 bedrooms and 12-1 bedroom. The rent is below market bringing upside opportunity to increase rents by new buyer.

Listing Highlights

Status Active
Days on Site 518
Property Type Multi-Family
MLS ® AR24144156
Year Built 1961
Total Square Footage 14,268
Lot/Acreage 0.48

Interior Details

  • Bedrooms: 18
  • Bathrooms: 10 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 36-40 Units/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 20
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 01425205
  • Tax Year: N/A

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1426 Minnie St Santa Ana, CA 92707

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Originating MLS: CRMLS

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