1402 S Minnie Street S, Santa Ana, CA 92707
- $2,250,000
- Sold Price
- $2,250,000
- List Price
- $2,325,000
- Closing Date
- May 15, 2026
- Status
- CLOSED
- MLS#
- OC25196383
- Year Built
- 1961
- Lot Size
- 9,583
- Acres
- 0.22
- Lot Location
- Corner Lot
- Days on Market
- 208
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
SB721 Retrofitted building. The Minnie Avenue Apartments is a well-maintained ten-unit property located in the highly desirable rental market of Santa Ana, one of Southern California’s strongest multifamily markets. The building features a unit mix of eight one-bedroom/one-bath units and two two-bedroom/one-bath units, totaling approximately 6,648 square feet. Property amenities include gated entry, ample on-site parking, and a convenient on-site laundry facility. This asset represents a stable, turnkey investment opportunity in a strong rental market, offering investors the potential for reliable cash flow, long-term appreciation, and solid overall returns. This property Just went through modification to comply with SB721 Balcony Law. It is in compliance with SB721. The existing owner replaced the main sewer line, and the new owner will enjoy an easy to manage property.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Multiple Staircases
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $204,600
- Operating Expense
- 61000
Listing courtesy of Listing Agent: Bijan Favakehi (bijan11@gmail.com) from Listing Office: Bijan Favakehi, Broker.
Listing sold by Bijan Favakehi from Bijan Favakehi, Broker
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.