Industrial Condo Flex
For Sale
Contact for pricing
1920 E Warner Ave, Santa Ana, CA 92705
Industrial condo with street frontage signage and a ground-level door option for flexible loading access.
Property Size5,280 SF
Price / SF$364.95
Days on Market13
Property Features for 1920 E Warner Ave
General Information
Standard status
Active
Size
5,280 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Amenities
Close to OC Airport
Excellent Freeway Access
Street Frontage Building Signage
Listing Agency:
Lee & Associates - Newport Beach
(949) 724-4750
Listed By:
Tim Arguello · License #01055859
(949) 724-4750
Source:
Moodyscre
Added: Jul 20
Changed: Jul 28
Last Checked: Aug 1 at 2:46AM
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 Lee & Associates - Newport Beach
Investment Insights
Based on property information with market context.
Industrial condo/flex space configured as a street-fronting warehouse product. The space includes an option for a ground-level door, supporting straightforward loading and tenant operations.
The property benefits from street frontage building signage and convenient freeway access. It is listed as being close to the Orange County (OC) Airport.
Offered for sale with details provided as industrial condo flex space and warehouse use.
The property benefits from street frontage building signage and convenient freeway access. It is listed as being close to the Orange County (OC) Airport.
Offered for sale with details provided as industrial condo flex space and warehouse use.
Key Highlights
- Industrial condo with street frontage and building signage
- 1 ground‑level door option possible for flexible loading access
- Close to OC Airport
Financial Insights For Warehouse
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 | $102.0k | $19.32 |
| − Vacancy | −$4.5k | −$0.85 |
| EGI | $97.5k | $18.47 |
| − OpEx | −$14.6k | −$2.77 |
| NOI | $82.9k | $15.70 |
5,280 SF · lease $19.32/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.18M
$1.04M – $1.38M
NOI $82,893 @ 7.0% cap · market cap 4.30%
Second Best
Flex RnD
$1.12M
$978.1K – $1.30M
NOI $78,250 @ 7.0% cap · market cap 4.06%
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.85M
NOI $111,078 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,183
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial condo with street frontage signage and a ground-level door option for flexible loading access.
Where is this flex space located?
The property is located at 1920 E Warner Ave Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,926,936.
What are key features of this property?
This property features: Industrial condo with street frontage and building signage; 1 ground‑level door option possible for flexible loading access; Close to OC Airport