400 Tustin Ave Santa Ana, CA 92705
Value-add multifamily & medical office opportunity
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 400 Tustin Ave
General Information
- Property type
- Multifamily properties
- Square Feet
- 125,043 SF
- Class
- B
- Lot Size
- 213,444 SF
Building Details
- Year Built
- 1979
- Stories
- 4
HighLights
- Owner‑user opportunity: Up to 67,670 SF available; +/-28,265 SF immediately, with an additional +/-39,405 SF by end of 2025. Flexible lease terms allow for significant contiguous space.
- Prime Orange County location: Excellent freeway access (5, 55, and 22 Freeways), drawing employees from a wide area including North Orange County, Inland Empire, and coastal communities.
- Class A low‑rise office building: Unique Class A low‑rise building in the ParkCenter submarket; low‑rise office space outperforming high‑rise in vacancy and rent growth. Potential for up to 16,500 SF medical office conversion.
- Residential overlay & assemblage potential: Adjacent properties within Santa Ana's Village Center District residential overlay; potential 7.3‑acre assemblage. City interest in overlay expansion to include the subject property.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.83425478
- Latitude
- 33.74835605