1314 W 5th Street, Santa Ana, CA 92703
Commercial property · 2 recorded sales since 2014
Sold April 2016
Listing Agent: LILY WANG (DRE #01321428) · Listing Office: KO TAI REALTY · Contact: 626-285-8333 · Bought with: ROBERT NONMEMBER · CRMLS · MLS #WS15240893 · Source: CRMLS
About this commercial property
Great opportunity for investor. Property has two story 5 unit office building with 7,013 for building square feet and 11,990 for the lot size. The property was built in year 1984 .This property located in Orange county . Income pro forma will be $ 100,897 per year. ( Base on rental $ 1.2 per square feet ) But owner only rent from $1 to $ 1.2 per square feet for current tenant . Which is way below market rental for this area. Potential can be earn more income after increase rental . Property have incredible upside potential in the rent. This office building ideal for doctor office or insurance agent office or lawyer office or CPA office or mail order office ...etc. Building also including one kitchen and one shower room . Property currently have 2 occupied 3 vacant. Area attractions : The property is only few minute drive distance to the Santa Ana College and Santa Ana Civic Center & City Hall . Also is 10 minutes drive distance to the Westfield Main Place Shopping Center . It's about 7 minute drive distance to the Orange County Center for Contemporary Art Museums . It's good location.
Listing description from the April 2016 sale, as reported to CRMLS.
Sale history
