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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1401 Standard Avenue, Santa Ana – $3,250,000

  • 6 Beds
  • 4 Baths
  • .23 Acres
  • 123 DOM
  • 6 Beds
  • 4 Baths
  • .23 Acres
  • 123 DOM

1401 Standard Avenue

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 11.40 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.

Essential Information

  • MLS® #OC25261884
  • Price$3,250,000
  • Bedrooms6
  • Bathrooms4.00
  • Acres0.23
  • Year Built1961
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address1401 Standard Avenue
  • Area699 - Not Defined
  • CitySanta Ana
  • CountyOrange
  • Zip Code92707

Amenities

  • Parking Spaces11
  • ParkingOn Site
  • GaragesOn Site
  • PoolNone

Interior

  • # of Stories2

Exterior

Lot Description

Corner Lot, ElevenToFifteenUnitsAcre

Additional Information

  • Date ListedNovember 14th, 2025
  • Days on Market123

Listing Details

  • AgentJustin Butler
  • OfficeKirklen Investment Group
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Price Change History for 1401 Standard Avenue, Santa Ana, (MLS® #OC25261884)

Date Details Change
Price Reduced from $3,450,000 to $3,250,000 $200,000 (5.80%)

Justin Butler, Kirklen Investment Group.

Based on information from California Regional Multiple Listing Service, Inc. as of March 20th, 2026 at 2:30am PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.