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Drake Cruz

drake@drake4homes.com +1(562) 884-9016

$ 4,300,000

Est. payment | -/mo

10,454 Sqft Lot

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$ 4,300,000

Est. payment | -/mo

Save

10,454 Sqft Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Cornerstone Village

MLS Listing ID OC26212080

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1961

Lot Size 10,454 Sqft

Property Sub-Type Apartment

Property Description

7.28% Market CAP. 3.35% Current CAP. Only $215,000 per unit! We are pleased to present 1433-37 S Standard Ave, a 20-unit multifamily investment opportunity located in the heart of Santa Ana. The property features a desirable mix of one-bed and two-bed units, providing a balanced unit composition that appeals to a broad segment of the rental market. With its larger unit count and established location, the asset offers investors the opportunity to acquire scale within one of Orange County's strongest multifamily submarkets. The property recently got a new roof installed on the entire building, reducing near-term capital expenditure needs for ownership and also benefits from a well-diversified rent roll and a layout designed to support long-term tenant retention. The combination of one- and two-bedroom floor plans creates flexibility within the property while positioning ownership to capitalize on continued rental demand throughout the Santa Ana market. The asset presents a compelling blend of stable in-place income and future upside potential.

Ideally situated in central Santa Ana, the property provides residents with convenient access to a wide variety of employment centers, retail destinations, educational institutions, and entertainment amenities. Nearby attractions include Downtown Santa Ana, the Civic Center, Artist Village, 4th Street Market, Santa Ana College, and South Coast Plaza. Residents also benefit from excellent regional connectivity via the I-5, SR-22, SR-55, and SR-57 Freeways, offering convenient access throughout Orange County and the greater Southern California region. With its attractive unit mix, strategic location, and strong market fundamentals, 1433-37 S. Standard Avenue represents an outstanding opportunity to acquire a larger-scale multifamily asset in a high-demand rental market.

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Paved

Fence Security

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Available

Roof Type Flat

Total Parking Spaces 28

Private Pool No

Building

Lot Description 16-20 Units/Acre, Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 01425218

Energy Description 5009.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Mark Bridge Mark Bridge, Broker Mark.Bridge@matthews.com, DRE #01316702

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 884-9016

drake@drake4homes.com

6621 E Pacific Coast Hwy #150, Long Beach, CA 90803, USA

1433 1437 S Standard AVE Santa Ana, CA 92707

Drake Cruz

Key Details

Location

Interior

Exterior

Building

Others

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1433 1437 S Standard AVE