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3411 W 1st St

4,446 SF 100% Leased Retail Building Santa Ana, CA 92703 £3,077,100 (£692/SF) 2.86% Net Initial Yield

Investment Highlights

  • Convenient Access to 22,405, 5 FWY
  • Major Street
  • Value In Land
  • Large Lot
  • Expiring Leases

Executive Summary

Fully leased investment opportunity! Four units 4,446 SQFT along with lot size of 17,415 SQFT. Was built between 1958-1968. Parcels were merged in 2007. Excellent potential for renovation or redevelopment. Increased rental income through restructuring leases that are set to expire. Great location for business!

Attachments

3411 W 1ST STREET OM
Lot Merge 1A

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Supermarket
Building Size
4,446 SF
Building Class
C
Year Built
1958
Price
£3,077,100
Price Per SF
£692
Net Initial Yield
2.86%
NOI
£88,041
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Land Acres
0.40 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
17 Spaces (3.82 Spaces per 1,000 SF Leased)
Frontage
108 ft on First

Amenities

  • Bus Route
1 of 1
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 198-252-32
  • 198-252-31
  • 198-252-29
  • 198-252-33
  • 198-252-67
 Total Assessment £589,667
Land Assessment £543,468 Annual Taxes -£1 (£0.00/sf)
Improvements Assessment £46,199 Tax Year 2023

PROPERTY TAXES

Parcel Numbers
Multiple
  • 198-252-32
  • 198-252-31
  • 198-252-29
  • 198-252-33
  • 198-252-67
Land Assessment
£543,468
Improvements Assessment
£46,199
Total Assessment
£589,667
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
(949) 677-0965

  • Listing ID: 31968090

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 3411 W 1st St, Santa Ana, CA 92703

The Retail Property at 3411 W 1st St, Santa Ana, CA 92703 is currently available For Sale. Contact Real Time Real Estate Group for more information.

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© 2024 CoStar Group

3411 W 1st St
(949) 677-0965 x

3411 W 1st St

Mossy Kabir

(949) 677-0965

(949) 677-0965

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