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Remodeled Second-Floor Office Condo
For Sale
$325,000

1913 E 17th Unit 204, Santa Ana, CA 92705

Professional office condo with private rooms, reception space, restroom, and a flexible open work area.

Property Size1,165 SF
Price / SF$278.97
Days on Market71

Property Features for 1913 E 17th Unit 204

General Information

Standard status Active
Size 1,165 SF

Additional Details

Floor 2
HOA Fee $877.17
Highway Access Yes
Office Units 1

Amenities

high-speed internet available

Building Details

Year Built 1982
Tenancy Multi
Listing Agency: Amberwood Real Estate
Listed By: Frank Sergi · License #01232040
Source: Myfabuloushome
Added: Aug 6 Changed: Oct 11 Last Checked: Oct 7 at 1:01PM

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 Amberwood Real Estate

Investment Insights

Based on property information with market context.

Unit 204 is a second-floor office condominium with 1,165 square feet of interior space. The layout includes three private offices, a private restroom, reception area, and an open section that can accommodate workstations, collaboration, or conference use. The unit was remodeled as part of the broader improvement of Units 204, 205, and 206, with finishes and construction completed together.

The property is located within Orleans Square, a 40-unit professional office complex occupied by businesses including legal, medical, dental, accounting, real estate, and insurance practices. On-site parking is available at both the front and rear of the building for owners, employees, and visitors. The office is near the Santa Ana Civic Center, restaurants, and shopping centers, with access to the 55 and 5 Freeways. HOA services include water and trash, while available internet options include AT&T Fiber, DSL, and Spectrum Cable. The building was constructed in 1982.

Key Highlights

  • 1,165 SF second‑floor office condominium
  • Three private offices, reception area, private restroom, and open workspace
  • Remodeled as part of improvements completed across Units 204, 205, and 206

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,372
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,440 $367.4K
Cap Rate 7%
$262,457 $262.5K
Cap Rate 9%
$204,133 $204.1K
Market Conditions
NOI Build-Up for 1,165 SF
Gross rent
$30.1K $25.80/SF
− Vacancy
−$5.6K −$4.77/SF
EGI
$24.5K $21.03/SF
− OpEx
−$6.1K −$5.26/SF
NOI
$18.4K $15.77/SF
Area
ZIP 92705
Vacancy
18.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,440
Cap Rate 7%
$262,457
Cap Rate 9%
$204,133

Alternative Uses

Best Use
Office B
$262.5K
$229.7K – $306.2K (±1% cap)
NOI $18,372 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$350.1K
$306.4K – $408.5K (±1% cap)
NOI $24,509 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Dadant & Co Food Broker Experience Media Film Production Beautiful Story Photography Photography Service Dee Ann R ... Law Firm Dr. Victor Ugarte, ... Dental Office

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Storage Facility Hotel & Motel HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,430
Businesses Nearby

Demographics for 92705, CA

45,902
Population
16,642
Households
2.8
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
11.8 sq mi
ZIP Area
3,890
Density / Sq Mi
$125,928
Median Household Income
$51,830
Median Earnings
$2,250
Median Rent
$1,135,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office condo with private rooms, reception space, restroom, and a flexible open work area.
Where is this office units located?
The property is located at 1913 E 17th Unit 204 Santa Ana, CA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,165 SF second‑floor office condominium; Three private offices, reception area, private restroom, and open workspace; Remodeled as part of improvements completed across Units 204, 205, and 206
More about this property
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