1400 4th St Santa Ana, CA 92701-5114
- Showrooms
- 0.34 lot acres
Jun 09, 2025
Current Use by Public Records
- Moment of Clarity / Mental Health Service
Property Details for 1400 4th St
- Lot size
- 0.34 lot acres
- Property type
- Showrooms
- APN
- 398-441-35
- APU
- 39844135
Description
This exceptional investment opportunity presents a stabilized, single-tenant executive office building in Santa Ana, CA. The 5,600 square foot, two-story Class C building, constructed in 1980 and renovated three years ago, sits on a 0.338-acre lot (14,723 sq ft) with gated parking. Currently 100% occupied by a credit-rated health services tenant under a NNN lease with a remaining term of approximately 0.1 years (expiring January 1, 2025), the property boasts a strong NOI of $90,219 and a pro-forma NOI of $102,087, translating to a current cap rate of 4.94% and a pro-forma cap rate of 5.59%. The asking price is $1,825,000, representing a price per square foot of $325.89. Conveniently located near the Civic Center, hotels, restaurants, and with immediate access to Interstate I-5, this property offers a compelling combination of strong cash flow, a desirable location, and significant upside potential. The property is zoned commercial and features a single unit. The lease commenced February 1, 2022, and has a total lease term of 2.9 years.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.85
- Latitude
- 33.7478
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA