$4,720,000
1426 Minnie Street, Santa Ana CA 92707
Multi-Family (20 Units)
Property type
692 days
On market
$331
Price per sqft
0 cars
Garage
1961
Year built
20,736 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Benjamin Lin DRE #01383988, 1000 Realty Corporation
Listing updated: Mar 28, 2026 at 05:22am.
Last checked: Jun 5, 2026 at 07:01pm
Source: CRMLS #AR24144156
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 1 | 1 | — | $1,633 | $9,796 | $1,950 | Unfurnished |
| 6 | 1 | 1 | — | $1,728 | $10,365 | $1,950 | Unfurnished |
| 1 | 2 | 1 | — | $1,958 | $1,958 | $2,300 | Unfurnished |
| 1 | 2 | 1 | — | $2,200 | $2,200 | $2,300 | Unfurnished |
| 1 | 2 | 1 | — | $1,831 | $1,831 | $2,300 | Unfurnished |
| 1 | 2 | 1 | — | $1,958 | $1,958 | $2,300 | Unfurnished |
| 1 | 2 | 1 | — | $2,013 | $2,013 | $2,300 | Unfurnished |
| 1 | 2 | 1 | — | $1,831 | $1,831 | $2,300 | Unfurnished |
| 1 | 2 | 1 | — | $1,831 | $1,831 | $2,300 | Unfurnished |
| 1 | 2 | 1 | — | $1,831 | $1,831 | $2,300 | Unfurnished |
# of Buildings: 2
# of Units Total: 20
Separate Electric Meters: 21
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.0x
List Price / Annual Gross Rent
Cap Rate
6.7%
NOI / List Price
Gross Scheduled Income: $430,367
Operating Expense: $113,930
Net Operating Income: $316,436
Annual Operating Expenses
Electric: $717
Gardener: $2,400
Fuel: $9,800
Insurance: $8,178
Licenses: $404
Maintenance: $10,320
New Taxes: $58,156
Professional Management: $0
Trash: $9,521
Water / Sewer: $14,306
Other Expense: $129
Interior
Laundry: Common Area
Entry Location: N, A
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Thirty Six To Forty Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 20
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 01425205
Additional Parcels: Yes
Tax Lot: 37
Subdivision: n/a
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs
Nearby Schools
Nearby schools around the 1426 Minnie Street, Santa Ana, CA 92707. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,776,000
Total Interest
$4,816,080
Total Payment
$8,592,080
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$28,934
per month
Property History for 1426 Minnie Street
Santa Ana Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92707.
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