400 4th St Santa Ana, CA 92701-4784
This exceptional mixed-use property, located at the prime intersection of Fourth and French Streets in Santa Ana, California, presents a compelling investment opportunity. The two-story, 29,550-square-foot building, constructed in 1922 and renovated in 1996, boasts versatile SD-84 zoning, allowing for a range of uses including restaurant, storefront, and traditional office space. Currently at 15% occupancy, this Class B building offers significant upside potential. Situated within a rapidly evolving urban landscape, the property benefits from its proximity to over 3,400 approved or planned residential units within a half-mile radius, ensuring strong future demand. The 0.34-acre lot provides ample space, and the building's strategic location serves as a gateway to Downtown Santa Ana's vibrant core. The asking price is $8,200,000. The property features one building with two stories and a net rentable area of 29,550 square feet. The APN is 39850708. This is an owner/user investment opportunity in a thriving downtown area.
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Total Fit Gym Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
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.