Remodeled Office Condo with Separate
960 W 17th Santa Ana, CA 92706
960 W 17th, Santa Ana, CA, 92706
$430,000
For Sale
$430,000
SINGLE_FAMILY - Santa Ana, CA
Property Size1,311 SF
Price / SF$327.99
Days on Market213
Property Features for 960 W 17th
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 93783048
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1980
Listing Agency
Smart Equity Realty Inc
(818) 867-9233
17337 Ventura Blvd Ste 205, ENCINO, CA
Listed by
Gustavo Friera · License #01771120
(818) 430-6501
Added: Dec 16, 2025 Checked: Jul 17 at 8:06 pm
MLS# SR25276702
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled office condo offers a professional layout with offices and a reception area. The unit is divided into a front and back configuration, and each portion has its own independent entrance, A/C, and bath. While the space is currently described as internally connected, the division supports use as separate offices depending on tenant needs.
Located in Wellington Square within a 9-1 building, the complex is professionally managed and designed for professional firms. The offering includes ample parking and is positioned with convenient access to major area destinations, including nearby city and courthouse facilities. The complex is also noted for proximity to the main mall, with strong access to the 5 Freeway.
For an owner-user, the layout allows you to occupy one portion of the unit while leasing the other. Alternatively, the configuration may work for two related professional tenants if operated with separate access for each area. The sellers are also offering the adjacent unit 35-E separately, and indicate a preference for selling both together.
Located in Wellington Square within a 9-1 building, the complex is professionally managed and designed for professional firms. The offering includes ample parking and is positioned with convenient access to major area destinations, including nearby city and courthouse facilities. The complex is also noted for proximity to the main mall, with strong access to the 5 Freeway.
For an owner-user, the layout allows you to occupy one portion of the unit while leasing the other. Alternatively, the configuration may work for two related professional tenants if operated with separate access for each area. The sellers are also offering the adjacent unit 35-E separately, and indicate a preference for selling both together.
Key Highlights
- Professionally remodeled office/condo unit 36‑F (1311 sq. ft.) in Wellington Square 9‑1 building
- 36‑F layout includes offices plus a reception area, designed for professional use
- Unit 36‑F is divided into front and back portions with separate independent entrances, each with A/C plus a bath
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.8k | $25.80 |
| − Vacancy | −$2.2k | −$1.68 |
| EGI | $31.6k | $24.12 |
| − OpEx | −$7.9k | −$6.03 |
| NOI | $23.7k | $18.09 |
1,311 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$338.8K
$296.5K – $395.3K
NOI $23,719 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$443.0K
$387.6K – $516.8K
NOI $31,010 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Law Offices of Martin ...
Law Firm
Tax and Finance Solutions, ...
Accounting Firm
Associates in Counseling & Mediation ...
Family Counselor
Logos Language
Translation Service
Blue Ocean USA ...
Dental Office
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FAQs
What type of property is this?
Office units - Remodeled office condo with front and back areas, each with its own entrance, A/C, and bath.
Where is this office units located?
The property is located at 960 W 17th Santa Ana, CA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Professionally remodeled office/condo unit 36‑F (1311 sq. ft.) in Wellington Square 9‑1 building; 36‑F layout includes offices plus a reception area, designed for professional use; Unit 36‑F is divided into front and back portions with separate independent entrances, each with A/C plus a bath
