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1426 Minnie Street Santa Ana, CA $ 4,720,000
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1426 Minnie Street
$ 4,720,000
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1426 Minnie Street

Santa Ana, CA, 92707
$ 4,720,000
Baths1.0 Sq 14,268

Monthly Estimate*

$ 29,447

Listed by 1000 Realty Corporation
​
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Studio

Multi-Family Home for sale in Santa Ana, CA

for $4,720,000 with 1 full bath. This 14,268 square foot home was built in 1961 on a lot size of 0.476.

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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Multi-Family Active

Price

$ 4,720,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.476

Year Built

1961

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

AR24144156

Days on Market

524
Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1961
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 430367
Community Features Curbs
Additional Parcels Description 01425206
County Orange
Net Operating Income 316436
Operating Expense 113930
Insurance Expense 8178
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 10320
Subdivision Name n/a
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions South of E. Edinger Ave. & West of S. Grand Ave.
City Santa Ana
Entry Location n/a
Senior Community Y/N 0
Number Of Units Total 20
MLS Area 69 - Santa Ana South of First
Lot Size Units Square Feet
Lot Size Square Feet 20736
Listing Terms Cash Cash to New Loan
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 716.54
Fuel Expense 9800
Trash Expense 9520.8
Water Sewer Expense 14306
Additional Parcels Y/N 1
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 37
Property Sub Type Additional Apartment
Taxes 58156
Cap Rate 6.7
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 2
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Exterior
Lot Features 36-40 Units/Acre
Water Source Public
Total Parking 20
Lot Size Area 20736
Number of Buildings 2
Building Area Total 14268
Lot Size Acres 0.476
Private Pool 0
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 21
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* Excluded Features
List By
1000 Realty Corporation

Broker

cbbenlin@hotmail.com

Email

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$29,447
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Monthly Principal & Interest
$29,447
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$4,720,000 Listed Price

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1426 Minnie Street, Santa Ana, CA, 92707 is a Multi-Family Home for sale at $4,720,000 with 14,268 sqft and a lot size of 0.476. 1426 Minnie Street is a studio with 1.0 baths and was built in 1961. The property's zip code is 92707 which is in Santa Ana, CA

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