Date
Details
Price
Change
Source
7/13/2024
Listed
$4,720,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/9
$4,720,000
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Property Description
Great cashflow! Current actual income is $430,366.36. Current actual CAP Rate is 6.7%. 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.
Full Property Details
Full Property Details for 1426 Minnie St
General
- Price: $4,720,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR24144156
- Updated: 12/26/2025
- Days on Market: 553 days
- Added to Site: 553 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Location
- Area: 69 - Santa Ana South of First
- County: Orange
- Development Name: 69 - Santa Ana South of First
- Driving Directions: South of E. Edinger Ave., & West of S. Grand Ave.,
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 21
Structural Information
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 14,268
- Year Built: 1961
Unit Information
Unit 1
- Number of Units: 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 9
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 10
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.476
- Lot Size (Sq. Ft.): 20,736
- Lot Size Source: Public Records
- Lot Description: 36-40 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $330.81
- Price Per Unit: 236000
Listed by 1000 Realty Corporation, Benjamin Lin
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Listing agent
— 1426 Minnie St —
Benjamin Lin
1000 Realty Corporation
626-233-3678
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1426 Minnie St
School District:Santa Ana Unified School District
| Name | Grades | Distance |
|---|---|---|
Madison Elementary School, Santa Ana, CA 1124 East Hobart Street, Santa Ana, CA 92707 | K-5 | 0.1 mi |
Julia C. Lathrop Intermediate School 1111 S. BRd.way, Santa Ana, CA 92707 | 6-8 | 0.8 mi |
Century High School 1401 South Grand Avenue, Santa Ana, CA 92705 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1426 Minnie St
Tax History
Tax History for 1426 Minnie St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,621
3%
$2,489,593
2%
2024
$29,820
3%
$2,440,778
2%
2023
$29,078
1%
$2,392,920
22%
2022
$28,766
21%
$1,957,840
2%
2021
$23,857
—
$1,919,451
1%
2020
$23,894
2%
$1,899,770
2%
2019
$23,442
4%
$1,862,520
2%
2018
$22,566
69%
$1,826,000
85%
2017
$13,392
2%
$986,489
2%
2016
$13,139
1%
$967,147
2%
2015
$12,969
2%
$952,620
2%
2014
$12,741
2%
$933,960
—
2013
$12,521
—
$929,739
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1426 Minnie St
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- Townhouse
- Active
- Updated 15 hours ago
- 3Beds
- 3Total Baths
- 1,232Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,080Sq. Ft.
- Single Family
- Active
- Updated 18 hours ago
- 3Beds
- 2Total Baths
- 1,242Sq. Ft.
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- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 3Total Baths
- 1,896Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,161Sq. Ft.
- Single Family
- Active
- Updated 5 hours ago
- 4Beds
- 3Total Baths
- 2,264Sq. Ft.
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1426 Minnie Street, Santa Ana, CA 92707 (MLS# AR24144156) is a Multi-Family property with 20 units containing 0 bedrooms and 0 full bathrooms. 1426 Minnie Street is currently listed for $4,720,000 and was received on July 13, 2024. Want to learn more about 1426 Minnie Street? Do you have questions about finding other Multi-Family real estate for sale in Santa Ana? You can browse all Santa Ana real estate or contact a Coldwell Banker agent to request more information.