Santa Ana, CA 92707 1610 S Standard Avenue

1610 S Standard Avenue Santa Ana, CA - Image 11610 S Standard Avenue Santa Ana, CA - Image 21610 S Standard Avenue Santa Ana, CA - Image 3
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1610 S Standard Avenue Santa Ana, CA - Image 4
Presented By: Yvonne Tran with Lifetime Realty Inc; 714-360-4058
  • MLS# PW24049722
  • 03/12/2024
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  • SQFT • 720

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
Price $599,999
MLS#PW24049722
List Date 03/12/2024
Property Type Commercial
Phone 310.658.1749
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