1426 Minnie

Santa Ana, CA, 92707

For Sale $4,720,000

0.48acre

Shen Schulz (310) 980-8809shen@shenrealty.com

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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Listed by:

Benjamin Lin with 1000 Realty Corporation

(626) 656-8600

1426 Minnie is a Residential Income Apartment property located in Santa Ana, California, featuring a 0.476 acre lot, MLS #AR24144156.

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Data last modified: 2025-12-26 23:16:53