#IV24242429, KRISTY SARTORIUS, Listing Office: Vista Sotheby's International Realty

1426 Minnie St Santa Ana, CA 92707
Property details
About 1426 Minnie St
Great cashflow! Current income is 420,917.76. Current CAP Rate is 6.4%. 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, on-site laundry, 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.
Highlights
Summary
- MLS Number: AR24144156
- MLS Name: CRMLS
- Office Name: 1000 Realty Corporation
- Office Phone: (626) 233-3678
- Listing Agent: Benjamin Lin
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,720,000
1426 Minnie St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 17, 2017 | Home Sold | $3,652,000 |
Jun 28, 2002 | Home Sold | $15,500 |
Aug 31, 2000 | Home Sold | $1,075,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,440,778 | $29,819 |
2023 | $2,392,920 | $29,078 |
2022 | $1,957,840 | $28,765 |
2021 | $1,919,451 | $23,856 |
2020 | $1,899,770 | $23,894 |
2019 | $1,862,520 | $22,566 |
2018 | $1,826,000 | $22,566 |
2017 | $986,489 | $13,392 |
History based on county public records data.
Nearby schools
6
Madison Elementary School
Public District KG-5
0.1 mi
•1124 Hobart St
6
Kennedy Elementary School
Public District KG-5
0.2 mi
•1300 E McFadden Ave
5
Roosevelt Elementary School
Public District KG-5
0.8 mi
•501 S Halladay St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,713. The majority of Santa Ana, CA residents have income between $35k-100k annually. Residents typically live in married, with kids family. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1426 Minnie St
This home is located at 1426 Minnie St in Santa Ana, CA and zip code 92707 in the Cornerstone Village neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2024 and is currently priced at $4,720,000.
Santa Ana, CA housing market in March 2025 saw over 36 listings sold above listed price, more than 12 sold at listed price and over 37 sold below. In March 2025 in Santa Ana, CA there were 7.1% more homes for sale than in February. Listings spent 32 days on the market in March 2025, and had a median list price of $890,800 during the same period.