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1916-2002 W 1st St

2 Retail Properties Offered at £2,719,014 in Santa Ana, CA

Investment Highlights

  • 3 Buildings totaling 9,417 sq ft on .86 acres of land

Executive Summary

Recent $325,000 price improvement. 1920-2002 1st St, Santa Ana, comprises three buildings on two parcels totaling 9,417 sq ft on .86 acres of land. Four long-term tenants include an auto repair/auto body shop with a licensed paint booth on-site and a restaurant. Gross Annual Income of $174,720. A portion of the vacant buildings could be delivered through strategic tenant negotiation.

Taxes & Operating Expenses (Actual - 2023)

Annual
Gross Rental Income £136,710
Other Income -
Vacancy Loss -
Effective Gross Income £136,710
Taxes £33,114
Operating Expenses £23,718
Total Expenses £56,832
Net Operating Income £79,878

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual £136,710
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual £136,710
Taxes
Annual £33,114
Operating Expenses
Annual £23,718
Total Expenses
Annual £56,832
Net Operating Income
Annual £79,878

Property Facts

Price £2,719,014
Price / SF £430.22 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,320 SF
Total Land Area 0.90 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2002 1st St, Santa Ana, CA 92703 Retail 5,128 SF 1959 -
1920 1st St, Santa Ana, CA 92703 Retail 1,192 SF 1963 -
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  • Listing ID: 31333755

  • Date on Market: 26/03/2024

  • Last Updated:

  • Address: 1916-2002 W 1st St, Santa Ana, CA

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