Freestanding Two-Story Office
For Sale
$1,280,000
848 N Parton, Santa Ana, CA 92701
Professional office property near the Santa Ana Civic Center and courthouse.
Property Size2,888 SF
Lot Size0.16 Acres
Price / SF$443.21
Days on Market50
Property Features for 848 N Parton
General Information
Standard status
Active
Size
2,888 SF
Lot size
0.16 Acres
Property subtype
Office
Site & Location
Neighborhood
Willard
Building Details
Building Size
2,888 SF
Year Built
1966
Stories
2
Listing Agency:
MONARCH BUSINESS BROKERS
Listed By:
Daryoush Shahidzadeh · License #01873211
Source:
Stephanieyounggroup
Added: Sep 13
Changed: Oct 31
Last Checked: Oct 30 at 7:58PM
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 MONARCH BUSINESS BROKERS
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Investment Insights
Based on property information with market context.
This freestanding office building contains approximately 2,888 square feet across two stories on a 6,970-square-foot lot. Constructed in 1966, the property is configured for professional office use and may suit an owner-user or investor seeking a standalone commercial asset.
The property is located at 848 N Parton in Santa Ana, near the Santa Ana Civic Center and courthouse. Its central Orange County setting provides access to major transportation corridors, along with nearby civic, professional, and commercial services.
The property is located at 848 N Parton in Santa Ana, near the Santa Ana Civic Center and courthouse. Its central Orange County setting provides access to major transportation corridors, along with nearby civic, professional, and commercial services.
Key Highlights
- Approximately 2,888 SF two‑story office building
- Freestanding commercial property on a 6,970 SF lot
- Built in 1966
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,890
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,800
$937.8K
Cap Rate 7%
$669,857
$669.9K
Cap Rate 9%
$521,000
$521.0K
Market Conditions
NOI Build-Up for 2,888 SF
Gross rent
$76.2K $26.40/SF
− Vacancy
−$13.7K −$4.75/SF
EGI
$62.5K $21.65/SF
− OpEx
−$15.6K −$5.41/SF
NOI
$46.9K $16.24/SF
Area
ZIP 92701
Vacancy
18.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,800
Cap Rate 7%
$669,857
Cap Rate 9%
$521,000
Alternative Uses
Best Use
Office B
$669.9K
$586.1K – $781.5K
NOI $46,890 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$893.6K
$781.9K – $1.04M
NOI $62,552 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,845
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Professional office property near the Santa Ana Civic Center and courthouse.
Where is this office building located?
The property is located at 848 N Parton Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Approximately 2,888 SF two‑story office building; Freestanding commercial property on a 6,970 SF lot; Built in 1966
