1401 Standard Avenue, Santa Ana, CA 92707

• 6,588 sqft

Property Description

Presenting 1401 S. Standard Avenue, a turnkey, high-cash-flow nine-unit multifamily asset located in Santa Ana’s desirable Cornerstone Village neighborhood. The property features a balanced mix of upgraded one-, two-, and three-bedroom floor plans designed for tenant appeal and long-term stability. Community amenities include gated access, a shared courtyard, on-site laundry, and individual parking. Current ownership has invested approximately $350,000 in renovations, including new roof, windows, electrical subpanels, sub breakers, and seven fully remodeled units with new cabinets, quartz counters, LVP flooring, tile, and modern finishes. These improvements significantly reduce maintenance while enhancing durability and operational efficiency. The property generates $285,000 in annual gross income ($23,750 per month), reflecting a strong 12.11 GIM, with minimal management intensity and reliable cash flow in one of Orange County’s most consistently high-demand rental markets. Located less than two miles from Downtown Santa Ana and 4th Street Market, the property offers exceptional access to major employment, education, and lifestyle destinations. Residents benefit from proximity to South Coast Plaza, the Santa Ana Zoo, and the new OC Streetcar, along with quick connectivity via the I-5 and CA-55 freeways. 1401 S. Standard Avenue offers investors a stabilized, turnkey asset with immediate income and long-term appreciation potential in a resilient central Santa Ana corridor.

Listing Status:

Active

Date Added:

November 17, 2025 at 06:00AM

Listing Office:

Kirklen Investment Group : 949-942-1300

Listing Agent:

Justin Butler : 949-942-1300

MLS ID:

OC25261884

Interior

• Laundry: Common Area

Exterior

• Pool: None
• Parking: On SiteParking spaces: 11

Construction

• General: 2

Location

• Originating MLS: CRMLS_CRM
• County: Orange

Lot

• Zoning: 01425216

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM

This listing courtesy of Justin Butler, Kirklen Investment Group