1301 Edinger Ave Santa Ana, CA 92705-4403
- Retail space
- 20,500 SF
- 1.24 lot acres
Mar 06, 2025
Current Use by Public Records
- Penske Truck Rental / Car Rental Facility
- MTC Recyclers / Waste Management Facility / Hazardous Waste Disposal
- OrganoPlastica / Industrial Manufacturer / Production Facility
Property Details for 1301 Edinger Ave
- Year built
- 1968
- Lot size
- 1.24 lot acres
- Property size
- 20,500 SF
- Property type
- Retail space
- APN
- 014-442-18
- APU
- 1444218
Description
This exceptional 20,500-square-foot warehouse, situated on a 1.24-acre lot in Santa Ana, California (92705), presents a compelling investment opportunity. Located at 1301 E Edinger Ave, this light industrial property (M1 zoning) boasts six loading docks and ample parking (3 spaces per 1,000 sq ft). Built in 1968, the building comprises four separate units, currently leased month-to-month to two tenants: Pro Movers and Office Modular Systems. Two exterior units feature two grade-level roll-up doors each, while the two interior units each have a single rear grade-level roll-up door. One unit includes approximately 44% showroom/office space; the remaining units have minimal office build-out. This property is ideally suited for an owner-user seeking flexibility to occupy all or part of the building, or for an investor looking to restructure existing leases or renovate and re-tenant. The asking price is $7,685,000, translating to $375 per square foot. The property's APN is 014-442-18. This prime location is just one mile west of the 55 Freeway, offering excellent accessibility.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,390,000
- 6.5%
- $5,900,000
- 7%
- $5,480,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,294,000
Market price range: $3.67M - $13.1M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $7,865,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $9,615,000 Change: +22% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $7,665,000 Change: -3% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $6,595,000 Change: -16% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.854
- Latitude
- 33.7273
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA