1401 Standard Avenue, Santa Ana, CA 92707
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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 less than two miles from Downtown Santa Ana and 4th Street Market, the property offers exceptional access to major employment, education, and lifestyle destinations. Residents benefit from proximity to South Coast Plaza, the Santa Ana Zoo, and the new OC Streetcar, along with quick connectivity via the I-5 and CA-55 freeways. 1401 S. Standard Avenue offers investors a stabilized, turnkey asset with immediate income and long-term appreciation potential in a resilient central Santa Ana corridor.
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Home facts
- Year built:1961
- Listing ID #:OC25261884
- Added:95 day(s) ago
- Updated:February 21, 2026 at 02:20 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
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,250,000
- Price per sq. ft.:$493.32
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