1610 S Standard Avenue, Santa Ana, CA 92707
- 720 sqft
Commercial Property
Built in 1962
6,970sqft lot
—— car garage
$785/sqft
Listed 4 months ago
Property Description
Exceptional Investment Opportunity in Prime Santa Ana Location Presenting a unique commercial offering in the heart of Santa Ana: a well-established 720-square-foot property that has operated as a successful Mexican restaurant for over 20 years. With the original tenant now retired, the space is under new tenancy with a recently signed 15-year lease. The current tenant is responsible for all utilities, providing a stable, low-maintenance investment. Located on a spacious lot, the property offers not only steady rental income but also potential for future development or expansion. It generates a strong annual gross income of $41,616, reflecting a solid 5.9% capitalization rate. This property is available for purchase with or without the tenant (if buyer interested in purchasing existing business), offering flexibility for both investors and owner-users. Offered “as-is,†this is a rare opportunity to acquire a proven income-producing asset in a high-demand area.
- Listing Status:
- Active
- Date Added:
- July 6, 2025 at 05:00AM
- Listing Office:
- Lifetime Realty Inc : 714-363-3888
- Listing Agent:
- Yvonne Tran : 714-360-4058
- MLS ID:
- CRPW25151021
- General: ConcreteStuccoOtherBlock
- County: Orange
- Zoning: 01424123
- Utilities: Electricity ConnectedNatural Gas Connected
This listing courtesy of Yvonne Tran, Lifetime Realty Inc
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Madison Elementary School
1124 Hobart St, Santa Ana, CA, 92707
Grades KG-5
0.23 miles away
Lathrop Intermediate School
1111 S Broadway, Santa Ana, CA, 92707
Grades 6-8
0.86 miles away
Century High School
1401 S Grand Ave, Santa Ana, CA, 92705
Grades 9-12
0.51 miles away
