1610 S Standard Avenue
Santa Ana, CA 92707
0.16 acres | #PW24049722
Description
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.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected
- Lot DescriptionItem01UnitAcre, Level, Paved
- MLS #PW24049722
- MLS #PW24049722
- Property TypePurchase
- Original List Price$599,999
- Property SubtypeBusiness
- Utility SourcePublic
- CountyOrange
- Cost599999
- Acres0.16
- Year Built1962
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Yvonne Tran (#PWTRANYVO)
Listing Office: Lifetime Realty Inc (#PB16527)
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