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1916-2002 W 1st St 2 Retail Properties Offered at $3,475,000 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 |
$174,720
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$174,720
|
| Taxes |
$42,321
|
| Operating Expenses |
$30,312
|
| Total Expenses |
$72,633
|
| Net Operating Income |
$102,087
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $174,720 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $174,720 |
| Taxes | |
|---|---|
| Annual | $42,321 |
| Operating Expenses | |
|---|---|
| Annual | $30,312 |
| Total Expenses | |
|---|---|
| Annual | $72,633 |
| Net Operating Income | |
|---|---|
| Annual | $102,087 |
PROPERTY FACTS
| Price | $3,475,000 | Number of Properties | 2 |
| Price / SF | $549.84 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 6,320 SF |
| Status | Active | Total Land Area | 0.90 AC |
| Price | $3,475,000 |
| Price / SF | $549.84 / 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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1916-2002 W 1st St
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