1401 Standard Avenue, Santa Ana, CA 92707

Santa Ana
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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 group949-942-1300
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:178 day(s) ago
  • Updated:May 10, 2026 at 01:20 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
  • Lot Features:Corner Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

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

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:11
  • Parking description:On Site
Based on information from California Regional Multiple Listing Service, Inc. as of May 15, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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