1610 S Standard AVE Active Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92707
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25151021
HOA Y/N No
Year Built 1962
Lot Dimensions Public Records
Property Sub-Type Business
Property 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.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Heating Radiant
Fireplace No
Laundry None
Exterior
Fence Block
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected
Present Use See Remarks
Total Parking Spaces 4
Building
Lot Description 0-1 Unit/Acre,Level,Paved
Story 1
Water Public
Others
Tax ID 01424123
Acceptable Financing Cash,Conventional,Fannie Mae
Listing Terms Cash,Conventional,Fannie Mae
Special Listing Condition Standard
Virtual Tour https://youtube.com/shorts/LLFiwfMDkBk?si=CfU8TKBlfbO1qFLs