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1402 S Minnie Street SSanta Ana, CA 92707

For Sale

$2,325,000

Smart Buyer Rebate $23,250

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.

Listed by Bijan Favakehi

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License #00939258

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Bijan Favakehi, Broker

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714-654-5626

Last updated January 16, 2026

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Source: CRMLS #OC25196383

Listing Facts

  • TypeMulti-family
  • NeighborhoodCornerstone Village
  • Days on Prevu144

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/16/2026
Price Increased
$2,325,000
01/16/2026
Status changed to Active
$2,295,000
12/10/2025
Status changed to In Contract
$2,295,000
12/10/2025
Price Decreased
$2,295,000
12/08/2025
Price Increased
$22,950,000
10/29/2025
Status changed to Active
$2,250,000
10/22/2025
Status changed to Removed from Feed
$2,250,000
10/18/2025
Status changed to Active
$2,250,000
10/17/2025
Status changed to Removed from Feed
$2,250,000
10/05/2025
Status changed to Active
$2,250,000
10/04/2025
Status changed to Removed from Feed
$2,250,000
09/22/2025
Price Decreased
$2,250,000
09/21/2025
Status changed to Active
$2,495,000
09/20/2025
Status changed to Removed from Feed
$2,495,000
09/07/2025
Listed by Bijan Favakehi, Broker
$2,495,000

Property Details for 1402 S Minnie Street S

Association

Amenities

  • Community Features: Biking, Sidewalks

Exterior

Construction

  • Number Of Units Total: 10
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1961
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 6,648
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,583
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9,583
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.76
  • Gross Income: $204,600.00
  • Operating Expense: $61,000.00

Taxes

  • Parcel Number: 01425201

Interior

Features

  • Interior Features: Multiple Staircases

Other

Location

  • Tax Lot: 33

Parking

Parking

  • Parking Features: Asphalt
  • Parking Total: 10

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • 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 1402 S Minnie Street S.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 1402 S Minnie Street S.

How does 1402 S Minnie Street S compare to other multi-family homes in Cornerstone Village?

This multi-family home is listed 51% below the average price for multi-family homes in Cornerstone Village and has been on the market for 106 less days than the typical home in this area.

1402 S Minnie Street S is a -bedroom multi-family home for sale in Santa Ana CA 92707. On Prevu for 144 days at $2,325,000. This includes a recent price increase of $30,000. 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. Explore more 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.