$3,350,000
FOR SALEActive2014 S Main
Santa Ana CA 92707
5,895
SF
Retail
Type
1957
Built
$568/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Prime Santa Ana Dual-Zoning Portfolio: Income & Development Upside Rare investment opportunity to acquire two contiguous parcels featuring separate zoning and immediate cash flow in Santa Ana. The commercial asset at 2014 S. Main St ($2,400,000) features a 5,000 SF two-story building on a 5,900 SF lot, occupied by a long-term tenant. It delivers an immediate 4.00% CAP rate, scaling to 4.50% pro forma upon the next lease term. Included in the portfolio is the adjacent rear parcel facing Sycamore St ($950,000), offering a 5,000 SF lot with R2 zoning. This land provides exceptional development potential for a duplex or a single-family home with an ADU. Purchase together to secure a unique blend of stable commercial yield and high-upside residential development. Investment Highlights Diversified Income Streams: Mitigate risk by combining commercial cash flow with new residential construction. Built-In Upside: Immediate yield growth via an upcoming contractual lease increase. Flexible Development: Capitalize on California's favorable ADU laws to build multiple residential units on the rear lot.
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
0.2502 acres
Lot Size
5,895 SF
Square Footage
$568.28/SF
Price per SF
4.00%
Cap Rate
1,957
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
4% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
4.00%
Cap Rate
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Closed commercial sales reported, newest first.