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Listed by: Benjamin Lin (626) 233-3678 DRE #01383988 | 1000 Realty Corporation (626) 656-8600
$4,720,000
18 Beds
- 10 Baths
14,268sqft
1426 Minnie St, Santa Ana, CA 92707
$4,720,000
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Apartment
Built in 1961
$-- HOA
20,736 sqft lot
$331/sq.ft
Description
Great cashflow! Current actual income is $440,081.16. Current actual CAP Rate is 6.91%. 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 entertainmen...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1961
HOA Fees
-
Finished Area
14,268 sqft
Lot Size
20,736 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR24144156
MLS Status
Active
Days on Market
775
Cumulative Days on Market
774
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