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1401 Standard AvenueSanta Ana, CA 92707

For Sale

$3,450,000

Smart Buyer Rebate $34,500

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 12.11 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.

Listed by Justin Butler

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License #02092220

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Kirklen Investment Group

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949-202-7255

Last updated November 24, 2025

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Source: CRMLS #OC25261884

Listing Facts

  • TypeMulti-family
  • NeighborhoodCornerstone Village
  • Days on Prevu23

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/17/2025
Listed by Kirklen Investment Group
$3,450,000

Property Details for 1401 Standard Avenue

Association

Amenities

  • Community Features: Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 9
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1961
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 6,588
  • Building Area Units: Square Feet
  • Lot Features: 11-15 Units/Acre, Corner Lot
  • Lot Size Acres: 0.23
  • Lot Size Area: 10,181
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10,181
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.8
  • Gross Income: $285,000.00
  • Operating Expense: $76,297.00

Taxes

  • Parcel Number: 01425216

Other

Location

  • Tax Lot: 32

Parking

Parking

  • Open Parking Spaces: 11
  • Parking Features: On Site
  • Parking Total: 11

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1401 Standard Avenue.

Does this multi-family home have parking?

Yes, there are 11 parking spaces available for 1401 Standard Avenue.

How does 1401 Standard Avenue compare to other multi-family homes in Cornerstone Village?

This multi-family home is listed 27% below the average price for multi-family homes in Cornerstone Village and has been on the market for 227 less days than the typical home in this area.

1401 Standard Avenue is a -bedroom multi-family home for sale in Santa Ana CA 92707. Listed on Prevu for 23 days at $3,450,000. This property is located in Santa Ana. The median listing price for multi-family homes in this area is $4,720,000. Additional amenities include parking. View other multi-family home listings in Santa Ana.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.