Property

Santa Ana, CA 92707 1401 Standard Avenue

1401 Standard Avenue Santa Ana, CA - Image 11401 Standard Avenue Santa Ana, CA - Image 21401 Standard Avenue Santa Ana, CA - Image 3
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Presented By: Justin Butler with Kirklen Investment Group; 949-202-7255
  • MLS# OC25261884
  • 11/14/2025
  • Request Tour
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  • Baths • 1
  • SQFT • 6,588

Home Details

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.
Presented By: Justin Butler with Kirklen Investment Group; 949-202-7255

Interior Features for 1401 Standard Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 1401 Standard Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.22
CitySanta Ana
Community FeaturesBiking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
CountyOrange
Directions55 Fwy exit Edinger Head East, Right on Standard
Electric Expense420
Entry LocationFront
Fuel Expense4200
Garage Spaces
Garage Y/NNo
Gross Income285000
Insurance Expense11000
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, 1031 Exchange
Lot Size Square Feet10181
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
MaintenanceExpense5400
Net Operating Income202050
New ConstructionNo
Number Of Units Total9
Open Parking Spaces11
Operating Expense74508
Pool FeaturesNone
PostalCitySANTA ANA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot32
Taxes$38,596
Trash Expense7452
Water Sewer Expense3690
Year Built1961
Year Built SourceAssessor

Exterior for 1401 Standard Avenue

Building Area Total6588
Lot Features11-15 Units/Acre, Corner Lot
Lot Size Acres0.2337
Lot Size Area10181
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesOn Site
Private PoolNo
Total Parking11
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Limor Zamir

Realtor®
Price $3,250,000
MLS#OC25261884
List Date 11/14/2025
Property Type Multi-Family
Phone 310.866.3778
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Request Info
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