2020 E 1st St
Santa Ana, CA 92705
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Established Business Location with Abundant Amenities

EXECUTIVE SUMMARY

CBRE, INC., as exclusive advisor, is pleased to present the opportunity to acquire 2020 E. 1st Street, a 3.72 acre site located in Santa Ana, CA. The Property is located in the recently updated Metro East Mixed-Use (MEMU) Overlay both For Sale & Multi-Housing development. It sits within the Active Urban District of the Overlay and allows Live/Work units with a 3-story minimum and Multiple-Family Residential with no height or density maximums. Live/Work units require separate entry, defined as "Shopkeeper Units" on all units facing First St.
This property benefits from recent significant residential development and is located in the Tustin Unified School District.

INVESTMENT HIGHLIGHTS
* Established Business Location with Abundant Amenities | The Property is near Santa Ana’s historic core, a site of significant gentrification efforts and attractive cultural and entertainment amenities: Artists Village, Historic East End, award-winning educational and cultural institutions, sporting venues, and museums. There are more 3,000 single-family homes, condos, and apartments in the development pipeline in the downtown and surrounding area.

* Exceptional Multimodal Transportation Network | The Santa Ana Regional Transportation Center (SARTC) is a keyfocal point of transportation in Orange County and is only minutes from Disneyland, Main Place Mall, and the Bowers Museum. The multi-city OC Streetcar further enhances connectivity in Santa Ana.

* Close to 2 million people live with a 10-mile radius of the asset, with an annual household spending budget of more than $54.3 billion.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Office
Building Size
111,483 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1985
Price
£16,386,563
Price Per SF
£146.99
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
22,297 SF
Slab to Slab
11 ft
Building FAR
0.69
Lot Size
3.72 AC
Zoning
C2

AMENITIES

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Security System
  • Signage
  • Listing ID: 27529737

  • Date on Market: 17/01/2023

  • Last Updated:

  • Address: 2020 E 1st St, Santa Ana, CA 92705