Financial
Distress signals
Property profile

1403 N Tustin Ave Santa Ana, CA 92705

FOR LEASE
Showrooms
Property ID
US09-0541872
57,081 SF 2.66 ac lot Built 1986
Last sale Sep 2021 · $10,800,000
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 a professional office building configured to support uses such as professional offices, medical facilities, and dental practices. It has a total building size of 59,590 square feet and is situated with convenient access to the 55, 5, and 22 Freeways. The surrounding area includes retail and restaurant amenities, and the site provides free surface parking for tenants and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$128k
Tax billed · 2024
Assessed value$11.24M
Assessed land$6.45M
Assessed improvement$4.79M
Effective rate1.14%

Value estimate

· Sep 2026
$11.05M
$9.95M – $12.16M
AI approach$8.68M
CAP approach$13.94M
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$16k
Operating expenses−$18k
NOI · 2,569,414.63% cap applied$53k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$322/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$183 – $511
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2,569,414.63%
$53k 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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store36.9
Building Supply36.5
Wholesale Shop33.9

Location

1403 N Tustin Ave Santa Ana, CA 92705
County assessor Recorded deeds · 9 transfers 5 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
540 Golden Cir, Santa Ana, CA 92705-3914 $6,550,000 Jul 2025 41,390 SF
2001 1st, Santa Ana, CA 92705-4020 $3,725,000 Jun 2025 26,789 SF
1905 17th, Santa Ana, CA 92705-8628 $1,800,000 Dec 2024 21,870 SF
3242 Halladay, Santa Ana, CA 92705-5648 $5,303,500 Nov 2024 24,052 SF
2740 Grand, Santa Ana, CA 92705-8763 $6,150,000 Oct 2024 16,602 SF
2021 4th, Santa Ana, CA 92705-3912 $4,500,000 Sep 2024 33,772 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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