Commercial Sale Details
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.
|Price Per SqFt||$172.55|
|Area||70 - Santa Ana North of First|
|Number Of Buildings||1|
|Listing Brokerage||Scott Vu, Broker|
|Listing Agent||Scott Vu|
|Listing Agent BRE #||01844487|
Based on information from California Regional Multiple Listing Service, Inc. as of Sunday, August 26, 2018.
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