1426 Minnie Street, Santa Ana, CA 92707
- 6 beds |
- 4 baths
Multi-Family Home 
Built in —— 
0.48acre lot
—— car garage 
$——/sqft 
Listed 1 year ago
Property 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 Anas 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 Status:
- Active
- Date Added:
- July 13, 2024
- Data Last Updated:
- July 6, 2026 at 7:12AM
- Listing Office:
- 1000 Realty Corporation : 626-656-8600
- Listing Agent:
- Benjamin Lin : 626-233-3678
- MLS ID:
- AR24144156
- General: 2 Story
- HOA Amenities: 0.0
- Originating MLS: California Regional MLS
- County: Orange
- Zoning: Public Rec01425205
- Source: California Regional MLS
This listing courtesy of Benjamin Lin , 1000 Realty Corporation
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
