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Investment Highlights
- TRUE OWNER-USER OPPORTUNITY WITH INCOME OFFSET Establish your flagship concept while benefiting from in-place income from OC Beauty Lounge
- SELLER FINANCING AVAILABLE Flexible financing structure available, creating a rare opportunity reduce upfront capital and favorable terms
- PRIME DOWNTOWN LOCATION Premier location in the heart of Downtown Santa Ana’s entertainment district with exceptional visibility, foot traffic
- VALUE-ADD THROUGH REPOSITIONING Opportunity to replace or upgrade the existing restaurant space with a stronger concept at market rent
Executive Summary
104 East 4th Street & 315 Main Street presents a rare owner-user opportunity to acquire a historic corner property in the heart of Downtown Santa Ana. Positioned at the highly coveted intersection of 4th Street and Main Street, the property offers a business owner the ability to establish a flagship presence in one of Orange County’s most active dining and nightlife corridors.
The offering allows an owner-user to occupy and reposition the ground-floor restaurant space while benefiting from supplemental income from the second-floor tenant, OC Beauty Lounge, a long-standing occupant providing consistent cash flow. This structure helps offset operating costs and creates a more efficient path to ownership compared to traditional leasing.
The property has undergone a $600,000 seismic retrofit, significantly reducing future capital expenditure and addressing one of the most critical risks associated with historic assets. Additionally, seller financing is available, providing buyers with increased flexibility and the ability to lower their upfront capital requirement.
This is a true value-add opportunity, with the ability to upgrade or replace the existing restaurant concept and unlock meaningful upside in both business performance and real estate value. Located within a rapidly evolving urban core, the property is well-positioned to benefit from continued investment in Downtown Santa Ana, including the OC Streetcar and nearby mixed-use developments that are driving increased density, foot traffic, and long-term growth.
The offering allows an owner-user to occupy and reposition the ground-floor restaurant space while benefiting from supplemental income from the second-floor tenant, OC Beauty Lounge, a long-standing occupant providing consistent cash flow. This structure helps offset operating costs and creates a more efficient path to ownership compared to traditional leasing.
The property has undergone a $600,000 seismic retrofit, significantly reducing future capital expenditure and addressing one of the most critical risks associated with historic assets. Additionally, seller financing is available, providing buyers with increased flexibility and the ability to lower their upfront capital requirement.
This is a true value-add opportunity, with the ability to upgrade or replace the existing restaurant concept and unlock meaningful upside in both business performance and real estate value. Located within a rapidly evolving urban core, the property is well-positioned to benefit from continued investment in Downtown Santa Ana, including the OC Streetcar and nearby mixed-use developments that are driving increased density, foot traffic, and long-term growth.
Financial Summary (Actual - 2024) 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 |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) 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 | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
Property Type
Building Size
7,503 SF
Building Class
C
Year Built
1890
Price
$3,000,000
Price Per SF
$399.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
3COM - Commercial
Frontage
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- El Rincon Mexican Restaurant
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| El Rincon Mexican Restaurant | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 398-501-02 | Improvements Assessment | $499,667 (2025) |
| Land Assessment | $101,381 (2025) | Total Assessment | $601,048 (2025) |
Property Taxes
Parcel Number
398-501-02
Land Assessment
$101,381 (2025)
Improvements Assessment
$499,667 (2025)
Total Assessment
$601,048 (2025)
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104 E 4th St
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