1426 Minnie Street, Santa Ana, CA 92707
Local realty services provided by:ERA Excel Realty
1426 Minnie Street,Santa Ana, CA 92707
$4,720,000
- - Beds
- - Baths
- 14,268 sq. ft.
- Multi-family
- Active
Listed by: benjamin lin
Office: 1000 realty corporation
MLS#:AR24144156
Source:CRMLS
Price summary
- Price:$4,720,000
- Price per sq. ft.:$330.81
About this home
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.
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Home facts
- Year built:1961
- Listing ID #:AR24144156
- Added:488 day(s) ago
- Updated:November 14, 2025 at 10:28 PM
Rooms and interior
- Living area:14,268 sq. ft.
Structure and exterior
- Year built:1961
- Building area:14,268 sq. ft.
- Lot area:0.48 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,720,000
- Price per sq. ft.:$330.81
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