Mixed-Use Property with
For Sale
$825,000
725 S Main Street, Santa Ana, CA 92701
Two commercial spaces face the street, with a separate residence attached at the rear.
Property Size1,842 SF
Price / SF$447.88
Days on Market13
Property Features for 725 S Main Street
General Information
Standard status
Active
Size
1,842 SF
Property subtype
Mixed Use
Site & Location
Neighborhood
Pacific Park
Mixed-Use Components
retail, residential
Building Details
Building Size
1,842 SF
Listing Agency:
RE/MAX Fine Homes
(949) 922-2488
Listed By:
Canaday Group · License #00560041
(949) 249-2424
Source:
Canadaygroup
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 26 at 11:26AM
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 RE/MAX Fine Homes
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Investment Insights
Based on property information with market context.
This 1,842-square-foot mixed-use property in Santa Ana combines two street-facing storefronts with an attached house behind them. Built in 1975, the three-unit layout brings commercial and residential space together on one parcel. The storefronts have previously served as a beauty salon, thrift shop, and place of worship.
The property is on South Main Street, south of Downtown Santa Ana. The Civic Center, OC Streetcar line, and the 5 and 55 freeways are described as minutes away.
The property is on South Main Street, south of Downtown Santa Ana. The Civic Center, OC Streetcar line, and the 5 and 55 freeways are described as minutes away.
Key Highlights
- Three units on one lot: two storefronts and an attached rear house
- 1,842 square feet; built in 1975
- On South Main Street, south of Downtown Santa Ana
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,803
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,060
$616.1K
Cap Rate 7%
$440,043
$440.0K
Cap Rate 9%
$342,256
$342.3K
Market Conditions
NOI Build-Up for 1,842 SF
Gross rent
$46.4K $25.20/SF
− Vacancy
−$2.4K −$1.31/SF
EGI
$44.0K $23.89/SF
− OpEx
−$13.2K −$7.17/SF
NOI
$30.8K $16.72/SF
Area
ZIP 92701
Vacancy
5.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,060
Cap Rate 7%
$440,043
Cap Rate 9%
$342,256
Alternative Uses
Best Use
Retail
$440.0K
$385.0K – $513.4K
NOI $30,803 @ 7.0% cap · market cap 3.73%
Second Best
Mixed Use
$373.0K
$326.4K – $435.2K
NOI $26,110 @ 7.0% cap · market cap 3.16%
Theoretical Best
Multifamily LT 5
$570.0K
$498.7K – $665.0K
NOI $39,897 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,254
Businesses Nearby
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Business Placement
Demographics for 92701, CA
48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two commercial spaces face the street, with a separate residence attached at the rear.
Where is this mixed-use property located?
The property is located at 725 S Main Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three units on one lot: two storefronts and an attached rear house; 1,842 square feet; built in 1975; On South Main Street, south of Downtown Santa Ana
