Downtown Live-Work Loft with
223 N Bush Santa Ana, CA 92701
223 N Bush, Santa Ana, CA, 92701
$799,999
For Sale
$799,999
COMMERCIAL - Santa Ana, CA
Property Size1,911 SF
Lot Size1.49 Acres
Price / SF$418.63
Days on Market19
Property Features for 223 N Bush
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 1, Kitchen, Bedroom 2, Bathroom 1, Bathroom 2
- Parking
- 2
- Window features
- Double Pane Windows
- Interior features
- Balcony, High Ceilings, Two Story Ceilings, Cathedral Ceiling(s)
- Standard status
- Active
- APN
- 93783340
- Size
- 1,911 SF
- Lot size
- 1.49 Acres
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Number of units
- 1
Listing Agency
Elevate Real Estate Agency
(909) 266-1777
8160 Haven Avenue #103, Corona, CA
Listed by
Darcy Woolman · License #01406869
(626) 622-8511
Added: Jul 3 Updated: Jul 20 at 4:05 am Checked: Jul 21 at 4:06 am
MLS# CV26144851
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 live-work loft is arranged across the 1st and 2nd levels and includes a highly visible, signage-ready storefront on the commercial level. Interior features include open-concept living, 12-foot ceilings, tinted windows, central air conditioning, and a kitchen with premium finishes and Samsung appliances. The lower level provides substantial storage along with a full bedroom/office/flex space and an attached full bathroom.
The property is located in Downtown Santa Ana with access to major freeways and the Santa Ana Regional Transportation Center, supporting convenient commuting. Additional amenities include a balcony or covered patio off the dining room, a private attached 2-car garage with overhead storage, and ample guest parking. The listing also notes a low HOA.
Offered for sale as a combined commercial and residential configuration, the storefront level can support a business, creative studio, office, or showroom concept while the upper level supports day-to-day living.
The property is located in Downtown Santa Ana with access to major freeways and the Santa Ana Regional Transportation Center, supporting convenient commuting. Additional amenities include a balcony or covered patio off the dining room, a private attached 2-car garage with overhead storage, and ample guest parking. The listing also notes a low HOA.
Offered for sale as a combined commercial and residential configuration, the storefront level can support a business, creative studio, office, or showroom concept while the upper level supports day-to-day living.
Key Highlights
- New York‑style live/work loft spanning the 1st and 2nd levels with commercial space plus living area
- 12‑foot ceilings with balcony/covered patio off the dining room and expansive tinted windows
- Central air and public utilities with public water and public sewer
Local Financial Insights For Retail
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 | $48.2k | $25.20 |
| − Vacancy | −$2.5k | −$1.31 |
| EGI | $45.7k | $23.89 |
| − OpEx | −$13.7k | −$7.17 |
| NOI | $32.0k | $16.72 |
1,911 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$456.5K
$399.5K – $532.6K
NOI $31,957 @ 7.0% cap · market cap 3.99%
Second Best
Office B
$443.2K
$387.8K – $517.1K
NOI $31,027 @ 7.0% cap · market cap 3.88%
Theoretical Best
Multifamily LT 5
$591.3K
$517.4K – $689.9K
NOI $41,391 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
perfectholiday brand design
Marketing & Advertising
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FAQs
What type of property is this?
Live-work space - Two-level live-work loft with a signage-ready storefront on the commercial level and a full bedroom/office flex space below.
Where is this live-work space located?
The property is located at 223 N Bush Santa Ana, CA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: New York‑style live/work loft spanning the 1st and 2nd levels with commercial space plus living area; 12‑foot ceilings with balcony/covered patio off the dining room and expansive tinted windows; Central air and public utilities with public water and public sewer
