1525 17Th Street

  • Santa Ana

  • $1,779,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
Centrally and conveniently located between the 55, 22, and 5 freeways on East 17th Street and Grand Avenue / Tustin Street, bordering Tustin in the city of Santa Ana, the property consists of two parcels: The first parcel (Orange County, APN: 396-066-09) is a 9,148 SF lot containing a 10,310 SF, two-story, multi-tenant, professional office building with four (4) large suites on the first floor surrounding a courtyard and seven (7) suites on the second floor. Each unit has its own restroom, with unit J and B each containing two (2) restrooms. Additionally, there is a 2000 SF basement that is not counted in the total square footage and is currently used as a music recording studio. Because the individual suites are on the smaller size (500-750 SF), they are fairly easy to rent to smaller businesses that may not require a large space. Additionally, the suites can be combined with additional suites to provide a larger contiguous office workspace. Current occupants include a national insurance brokerage, a non-profit organization, an attorney, an accounting firm, a direct marketing company, and quite a few other various businesses. The second parcel is 8,712 SF with APN: 396-066-08 and is currently used by the building tenants as a parking lot for 30 car spaces (3:1000 parking ratio), with 1 of those spaces reserved for handicap parking and access. Detailed financials will be provided upon request.
Essential
MLS #OC18089953
Office SqFt10310
Price Per SqFt$172.55
Sub-TypeOffice
CountyOrange
StateCA
Area70 - Santa Ana North of First
StatusPending
Sale TypeStandard
Number Of Buildings1
Building StatusExisting
Land UseOffice
Listing BrokerageScott Vu, Broker
Listing AgentScott Vu
Listing Agent BRE #01844487

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Based on information from California Regional Multiple Listing Service, Inc. as of Sunday, August 26, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.