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1402 Minnie Street, Santa Ana, CA 92707
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1402 Minnie Street
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  • MLS#: OC25196383 ( Apartment )
  • Street Address: 1402 Minnie Street
  • Viewed: 8
  • Price: $2,295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 103
  • Additional Information
  • County: ORANGE
  • City: Santa Ana
  • Zipcode: 92707
  • Provided by: Bijan Favakehi, Broker
  • Contact: Bijan Bijan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    The Minnie Avenue Apartments is a well maintained ten unit property located in the highly desirable rental market of Santa Ana, one of Southern Californias 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.
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Features
Accessibility Features
  1. None
Appliances
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 6648.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Cooling
  1. None
Country
  1. US
Days On Market
  1. 94
Fireplace Features
  1. None
Garage Spaces
  1. 0.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 7151.00
Interior Features
  1. 2 Staircases
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Common Area
Laundry Income
  1. 330.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Corner Lot
Netoperatingincome
  1. 143600.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Parcel Number
  1. 01425201
Parking Features
  1. Asphalt
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 446295404:CRM
Spa Features
  1. None
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
  4. Trash Collection
  5. Water
Totalexpenses
  1. 61000.00
Trash Expense
  1. 7200.00
View
  1. None
Water Sewer Expense
  1. 7800.00
Water Source
  1. Public
Year Built
  1. 1961
Year Built Source
  1. Assessor