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Clausen Building 410 W 4th St 18,649 SF 100% Leased Office Building Santa Ana, CA 92701 $5,800,000 ($311.01/SF)
Investment Highlights
- Strong walkability and street presence in an active commercial corridor
- Second floor fully renovated (2020), including replacement of rear/back doors
- Roof coated (2021) with tropical coating system + 25-year warranty
- Replaced 130+ feet of cast iron plumbing from 2nd floor to basement and out to the alley
- Minimal near-term maintenance/capex due to major recent improvements
- Plumbing & electrical upgrades (2021–2023) throughout the property
Executive Summary
410–412 E 4th Street offers an exceptionally well-maintained opportunity in the heart of Downtown Santa Ana, with minimal near-term capital needs driven by extensive recent improvements.
The entire second floor was fully renovated in 2020, including replacement of the rear doors. In 2021, the roof was professionally coated with a tropical coating system and includes a 25-year warranty. Major infrastructure work was also completed, including the replacement of over 130 feet of cast iron piping from the second floor down to the basement and out to the alley. Between 2021 and 2023, the property received numerous plumbing and electrical upgrades, and in 2021, all six rooftop HVAC units were replaced.
Additional enhancements—such as security cameras and other operational upgrades—have been implemented over the past five years, making this a strong option for investors seeking a Downtown Santa Ana asset with meaningful recent capex already completed.
The entire second floor was fully renovated in 2020, including replacement of the rear doors. In 2021, the roof was professionally coated with a tropical coating system and includes a 25-year warranty. Major infrastructure work was also completed, including the replacement of over 130 feet of cast iron piping from the second floor down to the basement and out to the alley. Between 2021 and 2023, the property received numerous plumbing and electrical upgrades, and in 2021, all six rooftop HVAC units were replaced.
Additional enhancements—such as security cameras and other operational upgrades—have been implemented over the past five years, making this a strong option for investors seeking a Downtown Santa Ana asset with meaningful recent capex already completed.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,649 SF
Building Class
C
Year Built
1910
Price
$5,800,000
Price Per SF
$311.01
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,325 SF
Building FAR
3.89
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
CG
Amenities
- 24 Hour Access
- Controlled Access
- Food Service
- Restaurant
- Security System
- Skylights
- Outdoor Seating
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Walk Score®
Walker's Paradise (98)
Property Taxes
| Parcel Number | 398-593-04 | Improvements Assessment | $487,093 |
| Land Assessment | $2,819,736 | Total Assessment | $3,306,829 |
Property Taxes
Parcel Number
398-593-04
Land Assessment
$2,819,736
Improvements Assessment
$487,093
Total Assessment
$3,306,829
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Clausen Building | 410 W 4th St
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