302-208 E 4Th St Santa Ana, CA 92701
For Sale
1 / 3
Located in the heart of Historic Downtown Santa Ana, The Gilmaker Block represents a rare opportunity to acquire an iconic commercial asset positioned along one of Orange County’s most vibrant urban corridors. Rich in architectural character and deeply tied to Santa Ana’s early commercial history, the property blends historic significance with future repositioning and investment potential. Originally associated with early Santa Ana merchant Levi Gilmaker in the late 1800s, The Gilmaker Block became part of the city’s growing commercial core during Santa Ana’s formative years. The property later evolved into a prominent downtown structure serving the expanding business district and remains a recognizable landmark within the Calle Cuatro corridor today. Positioned within the thriving Downtown Santa Ana district, the property benefits from exceptional walkability, strong pedestrian traffic, nearby public parking, and close proximity to the Federal Courthouse, Civic Center, Artist Village, restaurants, breweries, coffee shops, nightlife, and creative office users. Downtown Santa Ana has become one of Southern California’s most active urban environments, attracting entrepreneurs, hospitality groups, artists, developers, and owner-users seeking authentic historic spaces in supply-constrained locations. The Gilmaker Block offers a compelling opportunity for investors, developers, hospitality operators, creative office users, retailers, and owner-users seeking a flagship presence in one of Orange County’s fastest-evolving urban districts. The property’s historic identity, irreplaceable location, and flexible future use potential create a unique opportunity for long-term value creation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.