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1402 S Minnie Street South Santa Ana, CA 92707
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Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25196383
Bedrooms 5
Lot Size 9,583 Sqft
Property Sub-Type Res Income 2-4 Units
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 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, and the new owner will enjoy an easy to manage property.
Location
State CA
County Orange
Zoning Assessor
Exterior
View Y/N No
Building
Story 2
Read Less
Bought with Bijan Favakehi Bijan Favakehi, Broker
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