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Sold

1401 S Standard Avenue sold on October 12, 2023 for $2,150,000. The details are below for reference.

ApartmentSold · Oct 12, 2023

1401 S Standard Avenue, Santa Ana, CA 92707

  • 6,589 sq ft
  • Built 1961

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$2,150,000

MLS# OC23089123

The home

About 1401 S Standard Avenue

The Standard Avenue Apartments is a nine-unit apartment building located in the City of Santa Ana, one of the strongest rental markets in Southern California. The City of Santa Ana is a historic city with a vibrant downtown located in Orange County.

Built in 1961, the subject property offers an attractive unit mix comprised of three-, two-, and one-bedroom units totaling 6,589 square feet. Some amenities include gated entry, ample on-site parking, and an on-site laundry room. Some recent renovations and upgrades include new floors, new bathrooms, updated kitchens, and fresh paint throughout.

This offering represents a rare opportunity for an investor to achieve a 6.05% CAP Rate and 5.76% Cash-on-Cash return, on current income, for a stable, turnkey investment property in the desirable rental market of Santa Ana, California. Additionally, The Standard Avenue Apartments are well suited to provide investors with strong returns and value appreciation over the long-term investment horizon.

Property details for 1401 S Standard Avenue

This apartment sits in Santa Ana in Orange County. It has 6,589 square feet of living space. The home was built in 1961. The MLS record lists the assessor parcel number as 014-252-16.

Specifications

Home Details

General Features

Property Type
Apartment
MLS Number
OC23089123
Year Built
1961
Lot Size (sq ft)
10,181
Lot Size (acres)
0.2337
Levels
Two
Parking Spaces
12
Parcel Number
01425216
On Market Date
2023-05-22
Zoning
R3
Listing Terms
Standard

Interior Features

Laundry
Common Area
Entry Level
1
Common Walls
No Common Walls

Exterior Features

Lot Features
Landscaped, Near Public Transit
Pool Features
None
Sewer
Public Sewer
Water
Public
Units
9

Community Features

Community Features
Storm Drains, Street Lights, Sidewalks

The record

Property History for 1401 S Standard Avenue

DateEventPriceNote
Oct 12, 2023 Sold $2,150,000
Sep 19, 2023 Status changed to Pending From Active
Sep 11, 2023 Price reduced $2,295,000 From $2,540,000
May 22, 2023 Listed for sale $2,540,000
Jan 4, 2022 Sold $1,900,000 Marcus & Millichap RE Invest

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1401 S Standard Avenue

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0276J effective December 3, 2009. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Inside a Seismic Hazard Zone for liquefaction.

California Geological Survey, Seismic Hazard Zones map, Tustin quadrangle, released January 17, 2001. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Tustin quadrangle, released January 17, 2001. Checked October 15, 2026.

Internet and charging

Fixed internet

Cable: Spectrum, up to 1,000 Mbps, at 16 of 16 residential locations in this census block. DSL: AT&T, up to 25 Mbps, at 14 of 16. Fixed wireless: AT&T, up to 25 Mbps, at 9 of 16.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590744032002, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 1.0 miles away (Loop, 8 Level 2 ports). 643 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

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Listed by Greg Bassirpou of Marcus & Millichap RE Invest

Listing information updated Oct 13, 2023 at 11:34 AM PT. Source: CRMLS.

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