400 4th St Santa Ana, CA 92701-4784
- Showrooms
- 0.34 lot acres
Oct 07, 2020
Current Use by Public Records
- Perla Mexican Cuisine / Mexican Restaurant
- Cafe Cito / Coffee Shop
- The Sound / Religious Institution
- Metropolitan Financial Services Inc / Financial Planner
- Total Fit Gym / Gym
Property Details for 400 4th St
- Lot size
- 0.34 lot acres
- Property type
- Showrooms
- APN
- 398-507-08
- APU
- 39850708
Description
This exceptional mixed-use property, located at the prime intersection of Fourth and French Streets in Santa Ana, California, presents a compelling investment opportunity. The two-story, 29,550-square-foot building, constructed in 1922 and renovated in 1996, boasts versatile SD-84 zoning, allowing for a range of uses including restaurant, storefront, and traditional office space. Currently at 15% occupancy, this Class B building offers significant upside potential. Situated within a rapidly evolving urban landscape, the property benefits from its proximity to over 3,400 approved or planned residential units within a half-mile radius, ensuring strong future demand. The 0.34-acre lot provides ample space, and the building's strategic location serves as a gateway to Downtown Santa Ana's vibrant core. The asking price is $8,200,000. The property features one building with two stories and a net rentable area of 29,550 square feet. The APN is 39850708. This is an owner/user investment opportunity in a thriving downtown area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,035,000
- ML approach
- $11,500,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.864
- Latitude
- 33.7477
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
