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1426 Minnie St
Santa Ana, CA 92707 Cornerstone Village

$4,720,000 USD

Apartments For Sale  •  14,268 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,268 SF
  • Lot Size 0.48 AC
  • Building Class C
  • Year Built 1961
  • Zoning R3, Santa Ana
40 Transit Score
60 Walk Score

Highlights

Cash flow! Current income is 430366.36. Current CAP Rate is 6.7%. Market rent is $508,8000. Market CAP Rate is 8.24%.
Convenient access to a plethora of retail, dining, and entertainment options
The rent is below market.
located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School
High demand rental units
2 APN numbers, buyer does not need on-site manager

Amenities

  • Laundry Facilities
  • Heating
  • Kitchen
  • Refrigerator
  • Office

Public Transportation

Commuter RailDriveWalkDistance
Santa Ana (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 1.8 mi
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.7 mi
AirportDriveWalkDistance
John Wayne/Orange County 8 min - 4.9 mi
Long Beach (Daugherty Field) 31 min - 23.8 mi
Ontario International 49 min - 37.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Benjamin Lin 626-233-3678 1000 Realty Corp
Benjamin Lin 626-233-3678 1000 Realty Corp