SB721 Retrofitted building. The Minnie Avenue Apartments is a well-maintained ten-unit property located in the highly desirable rental market of Santa Ana, one of Southern California’s strongest multifamily markets. The building features a unit mix of eight one-bedroom/one-bath units and two two-bedroom/one-bath units, totaling approximately 6,648 square feet. Property amenities include gated entry, ample on-site parking, and a convenient on-site laundry facility. This asset represents a stable, turnkey investment opportunity in a strong rental market, offering investors the potential for reliable cash flow, long-term appreciation, and solid overall returns. This property Just went through modification to comply with SB721 Balcony Law. It is in compliance with SB721. The existing owner replaced the main sewer line, and the new owner will enjoy an easy to manage property.
Under contract
Listing Provided by: Bijan Favakehi, Broker
Price increase: $30K (1/16)
$2,325,000
1402 S Minnie St, Santa Ana, CA 92707
12beds
10baths
6,648sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$2,299,400 Zestimate®
$350/sqft
$-- HOA
What's special
Ample on-site parkingConvenient on-site laundry facilityGated entry
- 209 days |
- 153 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: 7 hours ago
Listing Provided by:
Bijan Favakehi DRE #00939258 714-654-5626,
Bijan Favakehi, Broker
Source: CRMLS,MLS#: OC25196383
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 10
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Multiple Staircases
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 6,648
- Total interior livable area: 6,648 sqft
Property
Parking
- Total spaces: 10
- Parking features: Asphalt
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 9,583 Square Feet
- Features: Corner Lot
Details
- Parcel number: 01425201
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Sidewalks
Location
- Region: Santa Ana
Financial & listing details
- Price per square foot: $350/sqft
- Date on market: 9/7/2025
- Cumulative days on market: 210 days
- Listing terms: Cash to New Loan
- Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Water
Estimated market value
$2,299,400
$2.18M - $2.41M
$3,438/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/5/2026 | Contingent | $2,325,000$350/sqft |
Source:  CRMLS #OC25196383 Report a problem | ||
| 1/16/2026 | Listed for sale | $2,325,000+1.3%$350/sqft |
Source: CRMLS #OC25196383 Report a problem | ||
| 12/9/2025 | Contingent | $2,295,000-90%$345/sqft |
Source: CRMLS #OC25196383 Report a problem | ||
| 12/8/2025 | Price change | $22,950,000+920%$3,452/sqft |
Source: CRMLS #OC25196383 Report a problem | ||
| 9/22/2025 | Price change | $2,250,000-9.8%$338/sqft |
Source: CRMLS #OC25196383 Report a problem | ||
| 9/7/2025 | Listed for sale | $2,495,000$375/sqft |
Source: CRMLS #OC25196383 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$13,505/mo
Principal & interest
$11451
Property taxes
$2054
More affordability tools
Climate risks
Neighborhood: Cornerstone Village
Nearby schools
GreatSchools rating
- 5/10Madison Elementary SchoolGrades: K-6Distance: 0.1 mi
- 3/10Julia C. Lathrop Intermediate SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Century High SchoolGrades: 9-12Distance: 0.3 mi
Local experts in 92707
- California
- Orange County
- Santa Ana
- 92707
- Cornerstone Village
- 1402 S Minnie St
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Nearby neighborhoods
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