1610 S Standard Avenue
Santa Ana, CA 92707
0.16 acres | #PW24049722
Description
ntroducing an exceptional commercial opportunity in the heart of Santa Ana: a bustling 720-square-foot property that has been home to a thriving Mexican Food Restaurant for over two decades. Recently secured with a new 15-year lease, the tenant covers all utilities, ensuring a hassle-free investment. Situated on a large lot, this property not only offers current income but also ample room for future expansion opportunities. With a solid 5.9% capitalization rate, this property yields an annual gross income of $41,616. Offered for sale in its present state “as-is,” this is your chance to capitalize on a proven income stream in a prime location.
Property Details
- Lot DescriptionItem01UnitAcre, Level, Paved
- Stories1
Measurements
- Acres0.16
Construction Details
- Property TypePurchase
Condition
- Year Built1962
Utilities / Energy Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected
- Utility SourcePublic
Community and Neighborhood Details
- CountyOrange
Financial Details
- Original List Price$599,999
Other
- MLS #PW24049722
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Yvonne Tran (#PWTRANYVO)
Listing Office: Lifetime Realty Inc (#PB16527)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
