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    2064 Main St Santa Ana, CA 92707

    Sponsored
    For Sale
    $2,900,000

    Santa Ana Multifamily & Retail Value-Add

    Property size:
    9,391 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 2064 S Main St in Santa Ana, California (zip code 92707), presents a compelling value-add investment opportunity. The 9,391 square foot building, constructed in 1923, sits on a 13,940 square foot lot and is zoned UN-20. The two-story structure boasts a desirable unit mix, including three four-bedroom units and one two-bedroom unit on the upper level. Ground floor retail space comprises three separate storefronts, offering diverse income streams. The property includes ample parking, enhanced by a private rear parking area for tenants. With seven total units and a total net rentable area of 9,391 square feet, the asking price is $2,900,000, translating to $308.81 per square foot. This prime location within Santa Ana's South Main District offers significant potential for appreciation and strong rental income. The property's APN is 015-074-25, 26. This is a rare chance to acquire a well-positioned mixed-use asset in a thriving urban area. The property's strong tenant mix and ample parking contribute to its overall desirability and investment potential. This is an excellent opportunity for an investor seeking a value-add project with significant upside.

    Property Features for 2064 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,391 SF

    Building Details

    Year Built
    1923
    Stories
    2
    Units
    7
    Property Profile Location Intelligence

    Current Use by Public Records

    Mi Tesorito Children'S Clothing Store Marties One Dollar ... Discount Store The taco shop Taco Restaurant Chanel Beauty Salon Beauty Salon Channel 2 Beauty ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.8681072
    Latitude
    33.7201002

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    FAQs

    What type of property is this?
    Individual retail property - Santa Ana Multifamily & Retail Value-Add
    Where is this individual retail property located?
    The property is located at 2064 Main St Santa Ana, CA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    Request Owner's contact information
    2064 Main St Santa Ana, CA 92707
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    Santa Ana, CA 92707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2064 Main St Santa Ana, CA 92707
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