Santa Ana, CA 92707 1610 S Standard Avenue
$599,999
0 more
Presented By: Yvonne Tran with Lifetime Realty Inc; 714-360-4058
Home Details
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."
Presented By: Yvonne Tran with Lifetime Realty Inc; 714-360-4058
Interior Features for 1610 S Standard Avenue
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1
Other Rooms
Entry Level1
General for 1610 S Standard Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.9
Carport Y/NNo
CitySanta Ana
Construction MaterialsBlock, Drywall, Other, Concrete, Stucco
CountyOrange
Current FinancingNone
Days on Market18
DirectionsDriving S. On Bolsa ave, turn right on S. Standard Ave and destination is on the right
Garage Y/NNo
HOA / Comm AssnNo
HeatingRadiant
Home Warranty Y/NNo
Insurance Expense1700.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, FannieMae
Lot Size Square Feet6970.0
MLS Area69 - Santa Ana South of First
MobileHomeRemainsYNNo
Net Operating Income34340.0
New ConstructionNo
Number of Units Leased1
Occupancy DescriptionTenant
Open Parking Spaces4.0
Operating Expense7900.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubTypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameStandard
Total Units1
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected
View Y/NNo
Waterfront Y/NNo
Year Built1962
Exterior for 1610 S Standard Avenue
Building Area Total720.0
Crops Included Y/NNo
FencingBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, Level, Paved
Lot Size Acres0.16
Lot Size Area6970.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourcePublicRecords
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480