Financial
Distress signals
Property profile

2311 Pullman St Santa Ana, CA 92705

FOR LEASE
Flex space
Property ID
US09-1868383
43,360 SF 3.36 ac lot Built 1968
Last sale Jul 2021 · $14,275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in the Irvine Business Complex and consists of two buildings on a single parcel. The site is fully paved and provides approximately 32% lot coverage, with heavy electrical power service and a large fenced yard. It was configured for warehouse and industrial use and offers convenient access to the 55 Freeway. The total property size is approximately 47,461 square feet.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$174k
Tax billed · 2024
Assessed value$14.85M
Assessed land$13.32M
Assessed improvement$1.53M
Effective rate1.17%

Value estimate

· Sep 2026
$13.58M
$12.22M – $14.93M
AI approach$11.00M
CAP approach$8.63M
Sales comparison$15.45M
NOI build-up
Gross scheduled income$917k
Vacancy & credit loss−$40k
Operating expenses−$263k
NOI · 39,588,451.61% cap applied$614k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$265/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$163 – $356
Qualifying comparables7

Cap rate analysis

How does the asset earn?
39,588,451.61%
$614k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.5
Nail Salon12.0
Convenience Store10.4

Location

2311 Pullman St Santa Ana, CA 92705
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1535 Edinger, Santa Ana, CA 92705-4907 $15,473,000 Jun 2024 34,398 SF
1609 Edinger, Santa Ana, CA 92705-5016 $9,793,000 Aug 2023 46,478 SF
3201 Standard, Santa Ana, CA 92705-5641 $15,850,000 Oct 2022 27,400 SF
2331 Pullman, Santa Ana, CA 92705-5506 $7,015,000 Feb 2022 32,148 SF
620 Dyer, Santa Ana, CA 92705-5612 $13,400,000 Feb 2022 41,062 SF
2001 Grand, Santa Ana, CA 92705-5202 $4,972,500 Jan 2021 24,372 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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