Medical Office Building with Three
For Sale
$1,149,000
1126 N Flower, Santa Ana, CA 92703
Three separately configured office units each include exam rooms, waiting areas, and reception space, with month-to-month tenants.
Property Size2,494 SF
Price / SF$460.71
Days on Market96
Property Features for 1126 N Flower
General Information
Standard status
Active
Size
2,494 SF
Occupancy
100%
Additional Details
Highway Access
Yes
Office Units
3
Building Details
Tenancy
Multi
Listing Agency:
Acreage Real Estate
Listed By:
GURJEET BHATIA · License #01895064
(909) 210-1570
Source:
Myfabuloushome
Added: Jul 18
Changed: Oct 11
Last Checked: Oct 7 at 2:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Acreage Real Estate
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Investment Insights
Based on property information with market context.
This medical office income property includes three individual office units, all currently occupied by month-to-month tenants. The layout is suited for professional exam and consultation workflows, with each suite featuring a waiting room and reception area, restroom(s), and dedicated office space.
Suite A offers three exam rooms, a glass front lab, a waiting room, reception desk, an office, and a backdoor. Suite B includes two exam rooms, a lab, a waiting room, reception desk, two offices, and a backdoor. Suite C provides two exam rooms, a lab, a waiting room, reception desk, two offices, and a backdoor. Each suite also includes shared-style elements listed in the offering such as a common area sink, storage closet, and restroom.
Located in Santa Ana at 1126 N Flower, the property is described as centrally positioned with convenient access to major streets and nearby commercial corridors, with quick connectivity to I-5, SR-22, and SR-57.
Suite A offers three exam rooms, a glass front lab, a waiting room, reception desk, an office, and a backdoor. Suite B includes two exam rooms, a lab, a waiting room, reception desk, two offices, and a backdoor. Suite C provides two exam rooms, a lab, a waiting room, reception desk, two offices, and a backdoor. Each suite also includes shared-style elements listed in the offering such as a common area sink, storage closet, and restroom.
Located in Santa Ana at 1126 N Flower, the property is described as centrally positioned with convenient access to major streets and nearby commercial corridors, with quick connectivity to I-5, SR-22, and SR-57.
Key Highlights
- Three separate office units (Suite A, B, and C) with distinct exam rooms, waiting areas, and reception space
- All three units are currently occupied by month‑to‑month tenants for immediate income
- Suite A includes 3 exam rooms, glass front lab, restroom, waiting room, reception desk, office, storage closet, and backdoor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,003
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,060
$820.1K
Cap Rate 7%
$585,757
$585.8K
Cap Rate 9%
$455,589
$455.6K
Market Conditions
NOI Build-Up for 2,494 SF
Gross rent
$73.3K $29.40/SF
− Vacancy
−$5.0K −$2.00/SF
EGI
$68.3K $27.40/SF
− OpEx
−$27.3K −$10.96/SF
NOI
$41.0K $16.44/SF
Area
ZIP 92703
Vacancy
6.80%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,060
Cap Rate 7%
$585,757
Cap Rate 9%
$455,589
Alternative Uses
Best Use
Healthcare Medical
$585.8K
$512.5K – $683.4K
NOI $41,003 @ 7.0% cap · market cap 3.57%
Second Best
Office B
$534.3K
$467.5K – $623.4K
NOI $37,401 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$721.8K
$631.6K – $842.2K
NOI $50,529 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,490
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92703, CA
65,621
Population
14,644
Households
4.5
Avg Household Size
34
Median Age
13%
College-Educated
60%
High-School Grad
4.2 sq mi
ZIP Area
15,624
Density / Sq Mi
$80,817
Median Household Income
$33,363
Median Earnings
$1,922
Median Rent
$585,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Three separately configured office units each include exam rooms, waiting areas, and reception space, with month-to-month tenants.
Where is this medical office space located?
The property is located at 1126 N Flower Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Three separate office units (Suite A, B, and C) with distinct exam rooms, waiting areas, and reception space; All three units are currently occupied by month‑to‑month tenants for immediate income; Suite A includes 3 exam rooms, glass front lab, restroom, waiting room, reception desk, office, storage closet, and backdoor
