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Property profile & analytics
FOR SALE
Showrooms
410 E 4Th St Santa Ana, CA 92701
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1196839
For Sale
1 / 8
Contact for pricing
410 E 4Th St, Santa Ana, CA 92701
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1918
Total area
12,024 SF
Lot
0.11 ac (4,650 SF)
APN
398-593-04
UPID
US09-1196839
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
-
Showtime Dance Academy Training Center
-
Crave Restaurant Downtown Santa Ana Cafe & Coffee Shop
-
Alex Advanced resturant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.03M
Blend (final)
Blend
$7.11M
Owner & transaction history
Vafa Sohi · 6 yrs held
Vafa Sohi
since 2020
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.6M
+74.9%
Neighborhood: shopping center
$5.6M
+48.6%
Retail stores
$4.6M
+21.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,795,000
Current use
OFFICE BUILDING
$6,640,000
Change: +75% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,640,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$4,610,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,320,000
Change: +14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,590,000
Change: -5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,585,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$7.11M
Range $6.40M – $7.82M · ±10% · vs last sale $4.75M (Jul 31 2020)
Last sale anchor
$4.75M
Jul 31 2020
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
$591 / 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
$37,498
Tax year 2024
Assessed value
$3,241,990
Assessed 2024
Previous assessed
$3,241,990
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,764,447
Assessed improvement
$477,543
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1918
Heating
NONE
Stories
3
Total area
12,024 SF
Lot
0.11 ac (4,650 SF)
APN
398-593-04
UPID
US09-1196839
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
COMMERCIAL (GENERAL) Current
Est. value
$3.8M
OFFICE BUILDING
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.6M
RETAIL STORES
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.6M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
1918
Heating
NONE
Stories
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Vafa Sohi
Individual
Mailing address
1182 CAMDEN DR, SANTA ANA, CA 92705-2369
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2020
$4,750,000
Vafa Sohi
Sang Hoon Yi
Grant Deed
$3,876,000 · Seacoast Commerce Bank
Jul 31, 2020
—
Yi,s H & Lee E J Living Trust
Yi S H & Lee E J L/tr
Quit Claim Deed
related
—
Oct 29, 2019
—
Choi,luke & Linda Family Trust
Luke K Choi
Quit Claim Deed
related
—
Oct 24, 2017
—
Yi,sang H Trust
Yi Sang 2005 Trust
Quit Claim Deed
related
—
Oct 31, 2006
$1,960,000
Luke K Choi
Keiser Family Trust
Grant Deed
$1,024,000 · Uniti Bank
—
—
Keiser Trust
—
Deed Of Trust
related
$450,000 · Pff Bank & Trust
—
—
Keiser Trust
—
Deed Of Trust
related
$40,000 · Newell Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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