$4,720,000

1426 Minnie St Santa Ana, CA 92707

0.5 acres
Condo

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

Home typeCondominium
StatusActive
Lot size0.476 Acres
Year built1961
MLS #AR24144156

Summary

  • MLS Number: AR24144156
  • MLS Name: CRMLS
  • Office Name: 1000 Realty Corporation
  • Office Phone: (626) 233-3678
  • Listing Agent: Benjamin Lin

IDX 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.

Get an agent. Get a mortgage. Save big.¹

view of street

$4,720,000

1426 Minnie St

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

23%
<35k
68%
35k-100k
7%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

9%
Single, No Kids
28%
Single, with Kids
10%
Married, No Kids
53%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

28%
<11 yrs old
13%
12-17 yrs old
30%
18-34 yrs old
28%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

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.

From Rocket Homes Real Estate and based on county public records data.

More resources