- INVESTMENT OPPORTUNITY -
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
Annual Gross Income: $287,977
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.