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2035 Tustin Ave Santa Ana, CA 92705-7818

OFF-MARKET Showrooms Google Maps
1,764 SF 0.95 ac lot Built 1990
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$7.82M
Range $7.03M – $8.60M (±10%)
Property ID US09-2348471

Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving, recession-resistant express car wash in Santa Ana, California. Located at 2035 N Tustin Ave, in Orange County, this property boasts a prime location on a 0.95-acre lot. The existing building offers 6,000 square feet of well-maintained space, currently operating as a successful car wash business. The property is offered under a triple-net (NNN) lease, with a long-term lease commencing October 23, 2023, and expiring October 24, 2053, providing significant stability and predictable income. The property's classification is Class B, and the tenancy is single. The Net Operating Income (NOI) is a substantial $900,000, making this an attractive investment for discerning buyers. The property is categorized as Land, Mixed Use, Retail, and Special Purpose, reflecting its versatile nature and potential for future development or expansion. Note that a second location is also available. This is a rare opportunity to acquire a well-established, high-performing car wash business with a long-term lease in a desirable California market. The property's address is 2035 N Tustin Ave, Santa Ana, CA 92705.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1990
Total area 1,764 SF
Lot 0.95 ac (41,205 SF)
APN 396-291-07
UPID US09-2348471

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.82M

Owner & transaction history

since 2026
Last sale
$7.6M
6 recorded transactions
2026
$3.2M
2022
Price N/A
2021
$7.6M
2021
Price N/A
2017
$5.4M
2014
$2.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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