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Investment Highlights

  • 625 N Grand Avenue is an ideal investment opportunity for a company to secure a 179,953-SF office complex and benefit from a full-building identity.
  • Six-story office building featuring an on-site auditorium, theater, cafeteria, outdoor patio/balcony, parking structure, and excess land.
  • 5 FREEWAY FRONTAGE
  • Walkable to a host of dining establishments, including Charlie’s Best Burgers, Benchmark, Bari Pasta & Pizza, Soltani Restaurant, and Wursthaus.
  • Access everything in SoCal, by being adjacent to the OC Streetcar light rail and right off a direct four-way interchange of Interstate 5.

Executive Summary

Call for Offers Monday June 1st by 5PM
625 N Grand Avenue presents a rare opportunity to acquire a high-visibility office asset with exceptional redevelopment potential in the heart of Santa Ana. Positioned on 3.41 acres with direct frontage along the I-5 Freeway, this property benefits from exposure to approximately 700,000 vehicles per day and offers seamless access to key Southern California freeways including 55, 22, 91, and 57.
The site is zoned District Center-90, supporting up to 90 residential dwelling units per acre and a 2.0 FAR, creating a pathway for a transformative mixed-use or residential project up to 10 stories. As a federally designated Opportunity Zone, investors can leverage significant tax advantages while capitalizing on Santa Ana’s rapid urban revitalization.
The existing ±179,953 SF building features six floors including a basement, expansive floor plates, 4:1 parking ratio, and ADA compliance. Located in a Transit Oriented District and within proximity to the Santa Ana Regional Transportation Center and OC Streetcar, the property offers unparalleled connectivity to LA, San Diego, and the Inland Empire. Nearby amenities include MainPlace Mall, dining, entertainment, and major employment centers, reinforcing the site’s appeal for future adaptive reuse or ground-up development.
• Price: Best Offer
• ±3.41 Acre Site
• Land Use Designation: District Center – Medium (DC-2)
• Allows for up to 90 Dwelling Units per Acre (90 du/acre)
• Allows a Mix of Uses, including Medium, Medium-High, and Urban Density Condominium and Apartments. Mixed Use Projects allowed in both Horizontal configurations, with Commercial and Residential uses side by side, and Vertical, with Commercial Uses on the Ground Floor and Residential above.
• Located in one of the five Focus Areas identified in the Santa Ana General Plan suitable for New Development.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
179,953 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
5 Stories
Typical Floor Size
35,991 SF
Slab To Slab
13’
Building FAR
1.18
Lot Size
3.51 AC
Opportunity Zone
Yes
Zoning
SD-21, GC; Opp Zone - Government Center
Parking
690 Spaces (3.83 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Metro/Subway
  • Security System
  • Reception
  • Storage Space
  • Atrium
  • Demised WC facilities
  • High Ceilings
  • Natural Light
  • Food Service
  • Outdoor Seating
  • Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
398-061-42
Land Assessment
$1,443,891
Improvements Assessment
$0
Total Assessment
$1,443,891
  • Listing ID: 37794633

  • Date on Market: 3/3/2023

  • Last Updated:

  • Address: 625 N Grand Ave, Santa Ana, CA 92701

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