Courtesy of Marcus & Millichap RE Invest, Tyler Leeson. IDX Contact: 949-419-3200

1401 S Standard Avenue Santa Ana, CA 92707
$2,100,000
beds
0 baths
sq ft

Contact Us to Learn More

David Oronoz

David Oronoz

Principal | Multifamily Investments

DRE# 01838862

Bobby Aschtiani

Bobby Aschtiani

Principal | Multifamily Investments

DRE# 02048373

Chris Pettit

Chris Pettit

Founder

DRE# 01983950

Property Description

1401 South Standard Avenue is a 9-unit multifamily investment property located in Santa Ana, CA. Built in 1961, the property consists of one, two, and three-bedroom units and offers open parking, security doors, gated entry, and on-site laundry. 1401 South Standard Avenue has an excellent east Santa Ana location, situated less than 1.50 miles from Downtown Santa Ana and the bustling 4th Street Market. Additionally, the property is situated within a 0.40-mile radius of various educational institutions including Century High School, Madison Elementary School, and Kennedy Elementary School. Furthermore, 1401 South Standard is positioned 1.5 miles from the Interstate 5 and State Route 55 interchange, providing residents with easy access to employment hubs throughout Orange and Los Angeles Counties.

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1961

House

  • 2 total stories
  • Built in 1961
  • Stories: 2
  • 6588 total building sqft
  • No Common Walls
  • Two

Community

  • Curbs
  • Sidewalks

Expenses

  • Electric Expense: $1,878
  • Fuel Expense: $1,878
  • Insurance Expense: $1,951
  • Maintenance Expense: $4,950
  • Operating Expense: $45,135
  • Other Expense: $6,993
  • Water Sewer Expense: $1,878

Income

  • Gross Income: 139560
  • Gross Scheduled Income: 138360
  • Net Operating Income: 90274

Laundry

  • Common Area

Listing

  • Listed on 2021-10-07
  • Rent controlled

Location

  • County: Orange

Lot

  • 9583 sqft
  • 0.22 acres
  • Area: 0.22
  • Street Level

Parking

  • 11 open parking spaces
  • 11 total parking spaces

Property

  • Single building
  • 9 units

Sewer

  • Public Sewer

Taxes

  • New Taxes: $23,729

Utilities

  • 9 separate electric meters

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