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14,268 sqft

$4,720,000

1426 Minnie Street, Santa Ana CA, 92707

Price per sqft$330.81
Built in1961
Property size14,268 sqft
Property typeCondominium
Listed by Benjamin Lin CA DRE# 01383988 with 1000 Realty Corporation 626-233-3678

Overview

Active

Listed Jul 13, 2024

Updated 4 weeks ago

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 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.

$31,402/mo

Est. mortgage payment based on a $4,720,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR24144156

Interior Features

Basement
No

Exterior Features

Lot Size
0.48 Acres

Other Property Details

Maintenance Expense
$10,320
55+/Senior Community
No
MLS provider logo

Listed by Benjamin Lin CA DRE# 01383988 with 1000 Realty Corporation 626-233-3678

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/27/2026 at 4:09 AM UTC Last Checked: 4:09 AM UTC

 

 

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