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Property profile & analytics
OFF-MARKET
Estimated value
$5,080,000
Industrial properties
1840 Santa Fe St Santa Ana, CA 92705-4820
Entity Owned
~
Est. High Equity
Property ID
US09-1081773
Property summary
AI-generated overview
This exceptional 17,500-square-foot multi-tenant industrial/automotive building in Santa Ana, California, presents a compelling investment or owner-user opportunity. The property comprises six individual units, all currently operating under month-to-month leases, with one lease expiring April 30, 2025. Boasting 16-foot warehouse ceilings and six ground-level doors, the building offers ample space and convenient access. A fenced yard with drive-around access enhances functionality, while the 800-amp, 120/208v electrical service (verification recommended) ensures sufficient power. The property features a fully permitted spray booth and a generous parking ratio of 2.47 spaces per 1,000 square feet. Strategically located in Orange County, this property enjoys excellent access to major freeways, including the 55, 5, and 405, providing seamless connectivity throughout Southern California. The asking price is to be determined. This is a rare opportunity to acquire a well-maintained, multi-tenant industrial property in a prime location.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Total area
17,501 SF
Lot
0.77 ac (33,451 SF)
APN
403-131-14
UPID
US09-1081773
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Flexible Plumbing Tools Plumbing Service Building Supply
-
Heredia Antiques Home Decor Store (Bike/Boat/Book/etc) Store
-
Mikes Automotive Auto Repair Shop
-
Pacific Plastics Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.20M
CAP Approach
CAP
$3.48M
Comparable Approach
Comparable
$6.24M
Blend (final)
Blend
$5.08M
Owner & transaction history
Pcm Enterprises Group LLC
Pcm Enterprises Group LLC
since 2025
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.2M
+77.3%
Retail stores
$6.7M
+45.0%
Apartment house (5+ units)
$6.5M
+41.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Santa Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Ana submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,125,000
ML approach
$5,195,000
CAP Approach
CAP Return
Estimation
6%
$3,770,000
6.5%
$3,480,000
7%
$3,230,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,630,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,210,000
Change: +77% · Conversion: Difficult
RETAIL STORES
$6,715,000
Change: +45% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$6,545,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,630,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,215,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$5.08M
Range $4.57M – $5.59M · ±10% · vs last sale $5.00M (Dec 23 2025)
Last sale anchor
$5.00M
Dec 23 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$290 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$74,974
Tax year 2024
Assessed value
$6,635,100
Assessed 2024
Previous assessed
$6,635,100
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$6,104,496
Assessed improvement
$530,604
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Heating
NONE
Total area
17,501 SF
Lot
0.77 ac (33,451 SF)
APN
403-131-14
UPID
US09-1081773
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
RETAIL STORES
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.2M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Lot
0.77 ac
Current owner
From public records · entity-resolved
Pcm Enterprises Group LLC
Entity
Mailing address
1840 S SANTA FE ST, SANTA ANA, CA 92705-4820
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$5,001,000
Pcm Enterprises Group LLC
Hamid Holding LLC
Grant Deed
$2,500,444 · Comerica Bank
Dec 21, 2023
—
Hamid Holding LLC
—
Deed
related
$2,584,021 · Sunwest Bank
Mar 23, 2023
—
Hamid Holdings LLC
Hamid Hojat
Intrafamily Transfer
related
—
Sep 28, 2022
$6,505,000
Hamid Hojati
Santa Fe Business Park LLC
Grant Deed
$5,000,000 · Bank Of Southern California NA
Sep 28, 2022
—
Hamid Hojati
Elham Hojati
Intrafamily Transfer
related
—
Jun 30, 2021
—
Santa Fe Business Park LLC
—
Deed
related
$1,875,000 · Pacific Premier Bank
Jun 16, 2021
$3,750,000
Santa Fe Business Park LLC
Forbes Partnership
Grant Deed
—
Sep 3, 2013
—
Forbes Ptshp
Mchone,david G
Quit Claim Deed
related
—
Dec 16, 2011
—
David G Mchone
Mchone,nancy L
Affidavit Of Death
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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