1401 Standard Avenue, Santa Ana, CA 92707
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1401 Standard Avenue,Santa Ana, CA 92707
$3,450,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: justin butler
Office: kirklen investment group
MLS#:OC25261884
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,450,000
About this home
Presenting 1401 S. Standard Avenue, a turnkey, high-cash-flow nine-unit multifamily investment property located in the desirable Cornerstone Village neighborhood of Santa Ana, California. The property offers a balanced mix of spacious one-, two-, and three-bedroom floor plans designed to attract quality tenants and promote long-term stability. Residents enjoy well-maintained amenities including an on-site laundry facility, a shared central courtyard, and individual parking spaces, all of which enhance both comfort and convenience.Current ownership has completed an extensive renovation program totaling approximately $350,000 in high-end capital improvements, transforming the property into a modern turnkey asset. Six of the nine units have been fully renovated with new kitchen cabinets, quartz countertops, tile, and luxury vinyl plank flooring. Additional upgrades include a new roof, new windows, new electrical subpanels, and new sub breakers, along with other comprehensive interior enhancements. These thoughtful improvements substantially reduce near term maintenance costs while enhancing the propertys aesthetic appeal, operational efficiency, and long-termdurability. The asset currently generates $285,000 in annual gross income ($23,750 per month), reflecting a strong 12.11 Gross Income Multiplier (GIM). With stabilized operations and modern finishes, the property provides investors with reliable cash flow, minimal management intensity, and strong performance within one of Orange Countys most consistently high-demand rental markets. Strategically located less than two miles
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Home facts
- Listing ID #:OC25261884
- Added:1 day(s) ago
- Updated:November 18, 2025 at 05:34 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Finances and disclosures
- Price:$3,450,000
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