Santa Ana, CA 92707,1401 Standard AVE
Santa Ana, CA 92707,1401 Standard AVE
Santa Ana, CA 92707,1401 Standard AVE
9
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$3,450,000
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10,179 Sqft Lot
Active

1401 Standard AVE Santa Ana, CA 92707

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Casey Brummer

Casey Brummer

+1(661) 518-9697

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25261884

HOA Y/N No

Year Built 1961

Lot Size 10,179 Sqft

Property Sub-Type Apartment

Property Description

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 12.11 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.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features On Site

Pool None

Community Features Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 11

Private Pool No

Building

Lot Description 11-15 Units/Acre, Corner Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 01425216

Energy Description 4200.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Justin Butler Kirklen Investment Group 949-202-7255

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    El Sol Santa Ana Science and Arts Academy

    Public | KG - 8

  • 7

    John Muir Fundamental Elementary School

    Public | KG - 5

  • 7

    Heritage Elementary School

    Public | KG - 5

  • 6

    Riverdale Elementary School

    Public | KG - 6

  • 6

    Gonzalo Felicitas Mendez Fundamental Intermediate School

    Public | 5 - 8

  • 6

    Franklin Elementary School

    Public | KG - 5

  • 6

    Walker Elementary School

    Public | KG - 5

  • 6

    Guin Foss Elementary School

    Public | KG - 5

  • 5

    Greenville Fundamental Elementary School

    Public | KG - 5

  • 5

    Carl Harvey Elementary School

    Public | KG - 5

  • 5

    Santiago K - 8 School

    Public | KG - 8

  • 5

    Martin Elementary School

    Public | KG - 5

  • 5

    Pio Pico Elementary School

    Public | KG - 5

  • 5

    Orange County Educational Arts Academy

    Public | KG - 8

  • 5

    Hoover Elementary School

    Public | KG - 5

  • 5

    Madison Elementary School

    Public | KG - 5

  • 5

    Jeane Thorman Elementary School

    Public | KG - 5

  • 5

    Beswick Elementary School

    Public | KG - 5

  • 5

    Loma Vista Elementary School

    Public | KG - 5

  • 4

    Diamond Elementary School

    Public | KG - 5

Middle Schools 11
  • 10

    Ocsa

    Public | 7 - 12

  • 5

    Douglas Macarthur Fundamental Intermediate School

    Public | 6 - 8

  • 5

    Columbus Tustin Middle School

    Public | 6 - 8

  • 4

    McFadden Intermediate School

    Public | 6 - 8

  • 4

    Raymond A. Villa Fundamental Intermediate School

    Public | 6 - 8

  • 4

    Sycamore High (Alternative)

    Public | 7 - 12

  • 4

    Currie Middle School

    Public | 6 - 8

  • 1

    Carr Intermediate School

    Public | 6 - 8

  • 1

    Willard Intermediate School

    Public | 6 - 8

  • 1

    Lathrop Intermediate School

    Public | 6 - 8

  • 1

    Sierra Preparatory Academy

    Public | 6 - 8

High Schools 15
  • 9

    Nova Academy

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 6

    Segerstrom High School

    Public | 9 - 12

  • 6

    Tustin High School

    Public | 9 - 12

  • 4

    Saddleback High School

    Public | 9 - 12

  • 3

    Valley High School

    Public | 9 - 12

  • 3

    Century High School

    Public | 9 - 12

  • 2

    Santa Ana High School

    Public | 9 - 12

  • 0

    Lorin Griset Academy

    Public | 9 - 12

  • 0

    Mater Dei High School

    Private | 9 - 12

  • 0

    Central Orange County Cte Partnership (Ctep)

    Public | 10 - 12

  • 0

    Cesar E. Chavez High School

    Public | 9 - 12

  • 0

    Hillview High (Continuation)

    Public | 9 - 12

  • 0

    Creekside High School

    Public | 9 - 12

  • 0

    Irvine Adult Transition Programs

    Public | 12 - 12

School and business data provided by Attom Data.

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Casey Brummer

Casey Brummer

Real Estate Advisor | License ID: 01737419

+1(661) 518-9697

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1401 Standard AVE