1013 S Standard Avenue
Santa Ana, CA 92701
- – beds
- – baths
- – sqft
- 15,764 sqft lot
- 1958 build
- – on site
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The Standard Avenue Apartments are located in the City of Santa Ana, one of the strongest rental markets in Southern California. The City of Santa Ana is a historic city with a vibrant downtown located in Orange County. Built in 1958, the subject property offers a unit mix consisting of (24) one-bedroom/ one-bathroom units totaling 14,776 square feet, situated over two parcels totaling 15,764 square feet. The subject property has recently gone through an extensive exterior renovation and partial interior renovations. Some upgrades include but are not limited to new flooring, new kitchens, updated bathrooms, new roofs, new windows, new asphalt, new electric, and fresh interior and exterior paint. Common area amenities include a large courtyard, gated access, ample on-site parking, and a on-site, building-owned laundry facility. This offering represents a rare opportunity for an investor to achieve a 5% CAP Rate and 10.4% Cash-on-Cash/Total Return on current income for a stable, turnkey investment property in the desirable rental market of Santa Ana, California.
Last checked:
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Last updated Apr 18, 2025
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MLS# OC21048187 —
The Building
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Year Built:1958
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:14776.00
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Building Area Units:Square Feet
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Total Number Of Units:24
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# of Buildings:2
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Stories Total:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:24
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# of Separate Water Meters:2
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# of Separate Electric Meters:24
Interior
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Levels:Two
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Laundry:Community
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Laundry:1
Location
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Directions:Please do not disturb tenants. Make all offers subject to inspection.
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Latitude:33.73539300
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Longitude:-117.85612100
The Property
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Lot Features:Landscaped, Near Public Transit
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Lot Size Area:15764.0000
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Lot Size Acres:0.3619
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Lot Size SqFt:15764.00
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Additional Parcels:Yes
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Additional Parcels Description:01125110
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:745.01
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Tax Tract:3293
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Tax Lot:28
The Listing
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Special Listing Conditions:Standard
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Parcel Number:01125109
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks, Storm Drains, Street Lights
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Pool:None
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Senior Community:No
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Private Pool:No
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/21/21
Jun 21, 2021
|
Sold | CRMLS_CA | $5,580,000 | -0.2% |
|
4/12/21
Apr 12, 2021
|
Pending | CRMLS_CA | $5,590,000 | |
|
3/8/21
Mar 8, 2021
|
Listed / Active | CRMLS_CA | $5,590,000 |
