615 Civic Ctr E Dr Santa Ana, CA 92701
- Apartment buildings
- 6,429 SF
- 0.21 lot acres
Current Use by Public Records
- National Intelligence Group / Private Investigator
- NexInfo / Business Management Consultant / Business To Business Service
- Santa Ana Bail Bonds® - Official Orange County Bail Bondsman / Bail Bonds Service
- Anna Blanchard / Social Worker
- Quynh-Chi Pham / Social Worker
Property Details for 615 Civic Ctr E Dr
- Year built
- 1978
- Lot size
- 0.21 lot acres
- Property size
- 6,429 SF
- Property type
- Apartment buildings
- APN
- 398-042-07
- APU
- 39804207
Description
This exceptional investment opportunity presents a fully leased, Class B office building situated in the heart of Downtown Santa Ana, at the corner of W. Civic Center Dr. & Patron St., directly across from the Orange County Courthouse. The 24,363 square foot building, constructed in 1966 and extensively renovated in 2018 and 2023, boasts a prime location with high visibility on a major thoroughfare experiencing 18,000 cars daily. The property features a four-story building on a 0.34-acre lot, offering 2.37 parking spaces per 1,000 square feet, including secured subterranean parking. Currently 100% occupied by two long-term tenants, Public Law Center (lease signed in 2023) and Telecare Corporation (tenant since 2016), this stabilized investment provides a consistent revenue stream with a strong NOI of $407,037. The building includes a private courtyard and an ADA-accessible entrance ramp. Its convenient location offers easy access to Interstate I-5 and the Santa Ana Regional Transportation Center, within a five-minute drive. The property's strategic positioning near the Orange County Courthouse and the newly built Civic Center provides exceptional branding opportunities and benefits from the high leasing activity in the Civic Center submarket, which saw 211,000 square feet of leasing activity in the past 12 months. The asking price is $7,400,000, representing a price per square foot of $303.74. The property's permitted zoning is P, Santa Ana, and its APN is 00514332.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $360,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $437,000
Market price range: $370k - $977k
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Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.861
- Latitude
- 33.7526
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
