1402 S Minnie St

$2,295,000
Price
12
Beds
10
Baths
6,648 Sq. Ft.
$345 / Sq. Ft.
6,648
Sq. Ft.
$345
per Sq. Ft.

Description

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...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.
  1. Listed by Bijan Favakehi • DRE #00939258 • Brokerage DRE #00939258 • Bijan Favakehi, Broker • 714-654-5626

Property Details for 1402 South Minnie Street

View
None
Parking Spaces Total
10
Private Pool
No
Cooling Type
None
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6648
LISTING UPDATED: 12/09/2025 07:12 AM

Property Details for 1402 South Minnie Street

StatusActive Under Contract
MLS #OC25196383
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1961
CountyOrange County

Location

Listing Courtesy of Bijan Favakehi, Broker, Bijan Favakehi, DRE #00939258
Add your commute

Building Information for 1402 South Minnie Street

Building/Complex1402 S Minnie StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1961Building Size-

Payment Calculator

$13,639 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,340

Property Taxes

$2,299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1402 South Minnie Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $204,600
  • Gross Scheduled Income: $204,600
  • Net Operating Income: $143,600
  • Laundry Income: $330
  • Cap Rate: 5.76
Expense Details
  • Operating Expense: $61,000
  • Insurance Expense: $7,151
  • Professional Management Expense: $0
  • Trash Expense: $7,200
  • Water Sewer Expense: $7,800
  • Total Expenses: $61,000
Tax / Assessment Info
  • Tax Tract Number: 3533
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 33
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Community Features: Biking, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: Laundry Area, None
  • Interior Features: 2 Staircases
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Asphalt
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,391
  • Unit Type Total Rent: $1,391
  • Unit Type Pro Forma: 1391
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,626
  • Unit Type Total Rent: $1,626
  • Unit Type Pro Forma: 1626
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,996
  • Unit Type Total Rent: $1,996
  • Unit Type Pro Forma: 1996
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,359
  • Unit Type Total Rent: $1,359
  • Unit Type Pro Forma: 1359
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,086
  • Unit Type Total Rent: $2,086
  • Unit Type Pro Forma: 2086
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,401
  • Unit Type Total Rent: $1,401
  • Unit Type Pro Forma: 1401
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,390
  • Unit Type Total Rent: $1,390
  • Unit Type Pro Forma: 1390
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 0

Property History for 1402 South Minnie Street

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Accepting Backup Offers

SDMLS #OC25196383

Dec 9, 2025

Accepting Backup Offers

CLAW #OC25196383MR

Dec 9, 2025

Accepting Backup Offers

CRMLS #OC25196383

Dec 8, 2025

Price Change

CLAW #OC25196383MR

$2,295,000
Dec 8, 2025

Price Change

CRMLS #OC25196383

$2,295,000
Dec 8, 2025

Price Change

CLAW #OC25196383MR

$22,950,000
Dec 8, 2025

Price Change

CRMLS #OC25196383

$22,950,000
Dec 7, 2025

Price Change

SDMLS #OC25196383

$22,950,000
Dec 7, 2025

Price Change

SDMLS #OC25196383

$2,295,000
Sep 21, 2025

Price Change

CLAW #OC25196383MR

$2,250,000
Sep 21, 2025

Price Change

CRMLS #OC25196383

$2,250,000
Sep 20, 2025

Price Change

SDMLS #OC25196383

$2,250,000
Sep 7, 2025

Listed (Active)

CRMLS #OC25196383

$2,495,000
Sep 7, 2025

Listed (Active)

CLAW #OC25196383MR

$2,495,000
Sep 7, 2025

Listed (Active)

SDMLS #OC25196383

$2,495,000
Aug 18, 2023

Sold

CRMLS #PW23075545

$2,175,000
Aug 10, 2023

Sold (Public Record)

Public Record #1516839420

$2,175,000
May 3, 2023

Listed (Active)

CRMLS #PW23075545

$2,340,000
DateEvent & SourcePrice
12/09/2025

Accepting Backup Offers

SDMLS #OC25196383

12/09/2025

Accepting Backup Offers

CLAW #OC25196383MR

12/09/2025

Accepting Backup Offers

CRMLS #OC25196383

12/08/2025

Price Change

CLAW #OC25196383MR

$2,295,000
12/08/2025

Price Change

CRMLS #OC25196383

$2,295,000
12/08/2025

Price Change

CLAW #OC25196383MR

$22,950,000
12/08/2025

Price Change

CRMLS #OC25196383

$22,950,000
12/07/2025

Price Change

SDMLS #OC25196383

$22,950,000
12/07/2025

Price Change

SDMLS #OC25196383

$2,295,000
09/21/2025

Price Change

CLAW #OC25196383MR

$2,250,000
09/21/2025

Price Change

CRMLS #OC25196383

$2,250,000
09/20/2025

Price Change

SDMLS #OC25196383

$2,250,000
09/07/2025

Listed (Active)

CRMLS #OC25196383

$2,495,000
09/07/2025

Listed (Active)

CLAW #OC25196383MR

$2,495,000
09/07/2025

Listed (Active)

SDMLS #OC25196383

$2,495,000
08/18/2023

Sold

CRMLS #PW23075545

$2,175,000
08/10/2023

Sold (Public Record)

Public Record #1516839420

$2,175,000
05/03/2023

Listed (Active)

CRMLS #PW23075545

$2,340,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1402 South Minnie Street

Taxable ValueLand$1,975,085Additions$243,415Total$2,218,500
Tax Record2025$27,586 ($2,299 / month)
Home Facts
Total Finished SqFt6,590 SqFtAbove Grade Finished SqFt6,590 SqFtStories2Lot Size10,269 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyORANGEAPN014-252-01

Schools near 1402 South Minnie Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Madison Elementary School
PublicK to 6

Julia C. Lathrop Intermediate School
Public6 to 8

Century High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Bijan Favakehi, Broker, Bijan Favakehi, DRE #00939258

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.