1900 E Warner Ave 6,850 SF 100% Leased Flex Building Santa Ana, CA 92705 $3,950,000 ($576.64/SF) 6.65% Cap Rate

1900 East Warner Avenue is a strategically positioned industrial flex condominium within the Sirco Irvine Business Park, offering a total of 6,850 rentable square feet across two suites. Built in 1980 and renovated in 2025, the property offers strong cash flow and long term upside through appreciation as the area continues to see major developments. Recent improvements include HVAC, electrical, new lines for plumbing, office demolition and dry wall touch, interior painting, new vinyl wood flooring, the installment of high-end lighting fixtures, and a brand new automatic roll up door in Suite B. Suite A has seen several upgrades in the past and has a very high end appeal with marble countertops and finished tile features throughout the space.
Suite A consists of SCSA, the first legally permitted dispensary in all of Orange County which sees about 200 customers a day with an average spend of $75. Ownership has continued to thrive through the ups and downs of the industry, and they maintain another high performing location off of Harbor Blvd in Costa Mesa. Suite B consists of a cosmetic auto salon with clientele primarily being high end sports car enthusiasts. They also work on luxury boats where they install decals and PPF protective film.
The property sits on the border of Tustin just minutes away from The Row Off Redhill and Tustin Legacy, two major multi-phase projects welcoming thousands of residential units and retail space catered to young professionals and families alike. With proximity to John Wayne Airport, the 55, 405, and 5 freeway, Warner Ave will continue to see exceptional tenant demand for years to come.