1610 S Standard Avenue Santa Ana, CA $ 599,999
1610 S Standard Avenue
$ 599,999
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1610 S Standard Avenue

Santa Ana, CA, 92707
$ 599,999
Baths0.0 Sq 720

Monthly Estimate*

$ 3,988

Listed by Lifetime Realty Inc
1610 S Standard Avenue, Santa Ana, CA 92707 - Image 1
1610 S Standard Avenue, Santa Ana, CA 92707 - Image 2
1610 S Standard Avenue, Santa Ana, CA 92707 - Image 3
1610 S Standard Avenue, Santa Ana, CA 92707 - Image 4
1610 S Standard Avenue, Santa Ana, CA 92707 - Image 5
Studio

Commercial Property for sale in Santa Ana, CA

for $599,999. This 720 square foot building was built in 1962 on a lot size of 0.16.

We're excited to present this bustling commercial property situated in the heart of Santa Ana, covering 720 square feet. For the past two decades, this property has been home to El Picante Mexican Food Restaurant. The tenant has operated a thriving business here and plans to continue for the foreseeable future. The lease extends until June 2025 with options for an additional 10 years. With a capitalization rate of 5.9%, the property generates an annual gross income of $40,404. It's being offered for sale in its current "as-is" condition.

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Commercial Active

Price

$ 599,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.16

Year Built

1962

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

PW24049722

Days on Market

75

Features
General
Heating Radiant
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Construction Materials Block Drywall Other Concrete Stucco
Year Built 1962
Property SubType Business
County Orange
Net Operating Income 34340.0
Operating Expense 7900.0
Insurance Expense 1700.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Driving S. On Bolsa ave turn right on S. Standard Ave and destination is on the right
City Santa Ana
View Y/N N
Senior Community Y/N N
Open Parking Spaces 4.0
Total Units 1
MLS Area 69 - Santa Ana South of First
Lot Size Square Feet 6970.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 1
Street Name Standard
Listing Terms Cash Conventional FannieMae
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 63
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Business
Cap Rate 5.9
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Exterior
Fencing Block
Lot Features Item01UnitAcre Level Paved
Water Source Public
Total Parking 4.0
Lot Size Area 6970.0
Number of Buildings 1
Spa N
Building Area Total 720.0
Lot Size Acres 0.16
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1610
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* Excluded Features
List By
Lifetime Realty Inc

Broker

(714) 360-4058

Phone

Affordability Calculator

$3,988
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,988
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2024$599,999 Listed Price

Map


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1610 S Standard Avenue, Santa Ana, CA, 92707 is a Commercial Property for sale at $599,999 with 720 sqft and a lot size of 0.16. 1610 S Standard Avenue is a studio with 0.0 baths and was built in 1962. The property's zip code is 92707 which is in Santa Ana, CA