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Listing Agent: Yvonne Tran CalDRE: 02019315 - Lifetime Realty Inc, 714-360-4058
1610 S Standard Avenue, Santa Ana CA, 92707(Active)
$599,999
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720 sqft
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MLS# PW24049722
Last Updated: 5/2/2024 3:55 PM
Description for
1610 S Standard Avenue
Santa Ana, CA 92707
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.
Price
$599,999
Orange
720 (approx)
PW24049722
Active
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.
Listing Information
Public
Electricity Connected,Natural Gas Connected,Sewer Connected
1 Total
Neighborhood
Room Information
None
Interior Features
Other,
Radiant
Exterior / Lot Features
4 Parking Spaces,
0 Covered Parking Spaces,
Stucco, Block
Block
0-1 Unit/Acre,Level,Paved
Driving Directions
Driving S. On Bolsa ave, turn right on S. Standard Ave and destination is on the right
Financial Considerations
Cash,Conventional,Fannie Mae
Listing Price History
 Santa Ana Real EstateSanta Ana is located in California. Santa Ana, California 92707 has a population of 334,452. The median household income in Santa Ana, California 92707 is $78,888. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Santa Ana 92707 is 39 years.
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Listing Agent: Yvonne Tran CalDRE: 02019315 - Lifetime Realty Inc, 714-360-4058
This content last refreshed on 5/2/2024 3:55 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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