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1426 Minnie Street

Santa Ana, CA 92707
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Bed 18

Bed

Bath 10

Bath

SqFt20,736

Sqft(Lot)

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 entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate Sch ool, 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,720,000

AD Id : 57741049

MLS Id : AR24144156

Beds : 18

Lot Size : 20,736 Sq. Ft

Year Built : 1961

County : Orange

Subdivision: Fallbrook

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Feature Features

  • Building Information

    Year Built: 1961
    Building Area Total: 14268
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 20736 Lot Size Acres: 0.476 Lot Size Source: PublicRecords Lot Size Square Feet: 20,736 Lot Description: ThirtySixToFortyUnitsAcre

    Property Information

    Subdivision: n/a Source Property Type: ResidentialIncome Postal Code Plus 4: 2047 Property SubType: Apartment Levels: Two Property Age: 65

  • Listing Price Information

    Listing Price: $4720000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 01425205 Tax Lot: 37

  • Parking Information

    Parking Total: 20

  • Location Information

    Direction: South of E. Edinger Ave., & West of S. Grand Ave., WaterSource: Public
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Nearby Home Value

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2901 S Sycamore #B, Santa Ana, CA, 92707 $629,000 3 2 1,088 409,936 Sq. Ft
3010 Bradford #D, Santa Ana, CA, 92707 $670,000 3 2 1,062 274,128 Sq. Ft
531 W Alton #B, Santa Ana, CA, 92707 $669,000 3 2 1,062 318,671 Sq. Ft
3080 Bradford #E, Santa Ana, CA, 92707 $599,900 3 2 1,062 318,671 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/27/2026 @ 03:00

MLS: AR24144156 LISTED BY: Benjamin Lin, 1000 Realty Corporation 626-656-8600 SOURCE: CRMLS

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