1426 Minnie Street, Santa Ana, CA 92707 - Berkshire Hathaway HomeServices California Properties
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1426 Minnie Street, Santa Ana, CA 92707

$4,720,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Benjamin Lin | cbbenlin@hotmail.com
Lic#: 01383988
Broker: Courtesy of 1000 Realty Corporation

Agent Remarks

Great cashflow! Current income is 420,917.76. Current CAP Rate is 6.4%. 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, on-site laundry, 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 Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# AR24144156
Price: $4,720,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1961
2 stories
0.48 acres
Lot size: 0.4760
Subdivision: n/a
County: Orange
Lot description: ThirtySixToFortyUnitsAcre
MLS area: 69 - Santa Ana South of First

Last Updated: 2/22/2025

 Days On Market (DOM): 273

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This listing belongs to the 69 - Santa Ana South of First MLS area

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Lat/Long: 33.729751, -117.855425.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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