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1426 Minnie St , Santa Ana, CA 92707
$4,720,000
Est. Payment: $23,834.61/mo
18 Bed
10 Bath
14268 Sqft
Status: active | Days on site: 715
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

Great cashflow! Current actual income is $440,081.16. Current actual CAP Rate is 6.91%. Market rent is $508,8000. Market CAP Rate is 8.24%. 20 high demand rental units located in the heart of Orange County. Separate APN numbers so buyer does not need on-site manager. Amenities include a spacious and quiet central courtyard, security doors, 2 on-site laundry rooms, and ample surface parking. Minnie Street is located just south of Santa Ana’s Downtown and is within the Pacific Park neighborhood. The property is within 1 mile of the bustling retail corridor of Downtown Santa Ana which provides residents with convenient access to a plethora of retail, dining, and entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School. Convenient excess to I-5 freeway. Separate electric meters paid by tenants. The landlord pays for water, trash, gas, and sewer. 8-2 bedrooms and 12-1 bedroom. The rent is below market bringing upside opportunity to increase rents by new buyer.
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Highlights

Listed by Benjamin Lin , 626-233-3678 1000 Realty Corporation , 626-656-8600. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.48

Year Built

1961

County

Orange

Area

69 - Santa Ana South of First

 Neighborhood

n/a

Listing ID

AR24144156

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:18
  • ▪ Bathrooms:10
  • ▪ Full Bathrooms:
Other:Public

Exterior Features

Lot:36-40 Units/Acre,No Land Lease
Garage Capacity:20
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$23,835
Taxes
$3,009

Home Price

$4,720,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$944,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$23,834.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $23,834.61 $3,009.00 $0.00 $26,843.61
Yearly $286,015.38 $36,108.00 $0.00 $322,123.38
Total $8,580,461.39 $1,083,240.00 $0.00 $9,663,701.39

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Santa Ana, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T20:37:41.000Z

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