Active

1426 Minnie Street

Santa Ana, CA 92707
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt14,268

Sqft

SqFt20,736

Sqft(Lot)

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 Scho ol, 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $4,720,000

AD Id : 57741049

MLS Id : AR24144156

Lot Size : 20,736 Sqft

Living Area Size : 14,268

Year Built : 1961

County : Orange

Subdivision: Fallbrook

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1961 Building Area Total: 14,268
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.476
  • Lot Size Source: Public Records Lot Size Square Feet: 20736

  • Listing Price Information

    Original List Price: 4,720,000 Listing Contract Date: 2024-07-13
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 01425205

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 69 - Santa Ana South of First Postal Code Plus 4: 2047 Directions: South of E. Edinger Ave., & West of S. Grand Ave., Source Property Type: Residential Income Area: 69 - Santa Ana South of First Property SubType: Apartment
  • Building and Construction

    Property Age: 65 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 2 Entry Location: n/a Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
Sell a home like this and save $282,701 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1101 W Macarthur Blvd #.., Santa Ana, CA, 92707 $435,000 2 1 842 842 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/22/2026 @ 04:37

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

Homes around $4,720,000

Selling? Save $282,701 when you sell a home like this

Tour with a ByOwner Agent