tomo logo

$599,999

Beds
1
Baths
1.0
sq ft
720

1610 S Standard Ave, Santa Ana, CA 92707

1610 S Standard Ave

Santa Ana, CA 92707

  • Off market
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.

Details

Property type

Mixed Use

Lot size

6,970 sq ft

Price per sq ft

$834

Year built

1962

Price History

07/26/2024
CRMLS

CRMLS #PW24097784

Removed
$599,999
05/14/2024
CRMLS

CRMLS #PW24097784

Listed
$599,999

Schools & Community

Neighborhood: 

Cedar Evergreen Co-Op

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Santa Ana Unified

Status: Off Market

Tomo last checked: 10/05/2024 at 6:00 PM

Listing updated: 06/28/2024 at 5:33 AM

Listed by: Yvonne Tran, Lifetime Realty Inc Phone #: (714) 363-3888

MLS: CRMLS #PW24097784

CRMLS logo

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