Price: $3,300,000 ($230/sf)

CAP: 5.49%  | Proforma: 6.5%

Building Size: 14,344 Sq. Ft.

LotSize: 26,516 Sq. Ft.

Property Type: Multi-tenant office building

Units: 5 Units

Occupancy: 100%

Annual Gross Income: $287,977

Parcel: 398-401-25

Parking: 39 Spaces (2.7:1,000)

Condition: Refurbished exterior lighting and landscaping

Location: Directly off the 5 freeway and surrounded by all major freeways

Zoning: (P) Professional

Excitement is growing in Santa Ana as new construction and a revamped Downtown market take shape. County officials are proposing a large redevelopment of the county’s 22 Civic Center buildings, which include offices for OC Public Works and the Treasurer-Tax Collector. Many developers are looking at Santa Ana as a destination for service businesses and new residents.

Perfect for an investor looking for, cash flow, long-term tenancy, and with upside. The multi-tenant office building has two stories and five (5) units.  The property is 100% occupied with well qualified tenants. The property is elevator-serviced, and  has secured gated parking. It is extremely well maintained with refurbished exterior lighting and landscaping.

Conveniently off the 5 freeway. Minutes away from Courthouse, Downtown Santa Ana Historic District, Santa Ana Regional Transportation Center, restaurants, and shopping. Located near all major freeways;
5, 22, 405, and 55 freeways.