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1401 Standard Avenue, Santa Ana, CA 92707

Santa Ana
Local realty services provided by:CENTURY 21 LOTUS
1401 Standard Avenue,Santa Ana, CA 92707
$3,250,000
  • - Beds
  • - Baths
  • 6,588 sq. ft.
  • Multi-family
  • Active
Listed by: justin butler
Office: kirklen investment group
MLS#:OC25261884
Source:CRMLS

Price summary

  • Price:$3,250,000
  • Price per sq. ft.:$493.32

About this home

Presenting 1401 S. Standard Avenue, a turnkey, high-cash-flow nine-unit multifamily asset located in Santa Ana’s desirable Cornerstone Village neighborhood. The property features a balanced mix of upgraded one-, two-, and three-bedroom floor plans designed for tenant appeal and long-term stability. Community amenities include gated access, a shared courtyard, on-site laundry, and individual parking. Current ownership has invested approximately $350,000 in renovations, including new roof, windows, electrical subpanels, sub breakers, and seven fully remodeled units with new cabinets, quartz counters, LVP flooring, tile, and modern finishes. These improvements significantly reduce maintenance while enhancing durability and operational efficiency. The property generates $285,000 in annual gross income ($23,750 per month), reflecting a strong 11.40 GIM, with minimal management intensity and reliable cash flow in one of Orange County’s most consistently high-demand rental markets. Located...

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Home facts

  • Year built:1961
  • Listing ID #:OC25261884
  • Added:117 day(s) ago
  • Updated:March 07, 2026 at 08:18 PM

Rooms and interior

  • Living area:6,588 sq. ft.

Structure and exterior

  • Year built:1961
  • Building area:6,588 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,250,000
  • Price per sq. ft.:$493.32

Parking

  • Total parking spaces:11
  • Parking description:On Site
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