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1610 S Standard Avenue

Santa Ana, CA 92707
  • $599,999
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: PW24097784
UPDATED: 222 min ago
$599,999
  • 1
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 720
    SQFT
  • $833
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1962
County:

School Ratings & Info

School District:
Listing Agent(s): Yvonne Tran of Lifetime Realty Inc (714-363-3888)


Description

We are delighted to introduce this high-traffic commercial property located in the central area of Santa Ana, spanning 720 square feet. This property has served as the premises for El Picante Mexican Food Restaurant for over 20 years. Tenant ran a successful business here and intend to stay longer. The lease will expire June 2025 with 10 years options. The capitalization rate stands at 5.9%, generating an annual gross income of $40,404. The property is offered for sale in its current condition, "as-is."

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-23T00:34:09.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living Socal Group Corporation. Licensed in the State of California, USA.
www.betterlivingsocalhomes.com/homes/150526713
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1610 S Standard Avenue Santa Ana, CA 92707

  • Price: $599,999
  • Status: Active
  • On Site: 39 Days
  • Updated: 222 min ago
  • ID#: PW24097784
1
Beds
1
Baths
0
½ Baths
0.16
Acres
720
SQFT
$833
$/SQFT
1962
Built
Neighborhood:
,Unk
County:
Orange
Area:
69 - Santa Ana South of First
School District:
Santa Ana Unified
Property Description
We are delighted to introduce this high-traffic commercial property located in the central area of Santa Ana, spanning 720 square feet. This property has served as the premises for El Picante Mexican Food Restaurant for over 20 years. Tenant ran a successful business here and intend to stay longer. The lease will expire June 2025 with 10 years options. The capitalization rate stands at 5.9%, generating an annual gross income of $40,404. The property is offered for sale in its current condition, "as-is."
Exterior Features

Construction Materials BlockDrywallOtherConcreteStucco Entry Level 1 Entry Location front Fencing Block Foundation Details Slab Lot Features 0-1 Unit/AcreLevelPaved Open Parking Spaces 4 Parking Features DrivewayPublicPrivate Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof Other Sign On Property YN No View City Lights View YN Yes

Interior Features

Common Walls No Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Heating Radiant Heating YN Yes Interior Features All Bedrooms Down Main Level Bathrooms 1 Main Level Bedrooms 1

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Current Financing None Garage YN No Land Lease YN No Laundry Features None Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFannie Mae New Construction YN No Property Sub Type Mixed Use Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Mixed Use Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-23T00:34:09.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living Socal Group Corporation. Licensed in the State of California, USA.
 
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Better Living Socal Group Corporation
250 El Camino Real #104
Tustin CA, 92780
Listing Agent(s): Yvonne Tran of Lifetime Realty Inc (714-363-3888)