1610 S Standard Avenue, Santa Ana, CA 92707
Property Details
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Description
Exceptional Investment Opportunity in Prime Santa Ana Location Discover a rare chance to own a proven income-producing commercial property in the vibrant heart of Santa Ana. This well-established 720 sq. ft. standalone building, situated on a generous lot, has proudly served the community as a popular Mexican restaurant for more than 20 years. With the original operator now retired, the space is secured by a new long-term tenant under a freshly signed 15-year lease, ensuring stability for years to come. This hands-off investment is made even more attractive by the tenant's responsibility for all utilities, creating a low-maintenance, high-efficiency ownership experience. Currently generating a strong annual gross income of $41,616, the property delivers an impressive 5.9% capitalization rate - a valuable return in a high-demand market. The spacious lot provides additional upside, offering potential future development or expansion opportunities for forward-thinking investors. Flexibility is a key advantage: the property can be purchased with the new tenant in place, or without the tenant should a buyer wish to acquire and operate the existing business. Offered strictly as-is, this commercial gem represents a rare blend of history, stability, and future potential - perfect for investors seeking dependable returns or owner-users looking to secure a premium location in the thriving Santa Ana marketplace.
PROPERTY DETAILS: Square Feet: 720
INTERIOR FEATURES: • Heating: Radiant
EXTERIOR FEATURES: • Parking: 4 Parking Spaces, • Exterior: Stucco, Other, Block • Fence: Fenced, Block
LISTING AGENT: Agent: Yvonne Tran | Office: Lifetime Realty Inc | Phone: 7143604058 | Email: [email protected]
LISTING INFORMATION: MLS#: PW26052369 | Status: FOR SALE
Location
Address
1610 S Standard Avenue
City
Santa Ana
Features and Finishes
Interior Features:
• Heating: Radiant
Exterior Features:
• Parking: 4 Parking Spaces,
• Exterior: Stucco, Other, Block
• Fence: Fenced, Block
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