ActiveCommercial · sale

2014 S Main

Santa Ana, CA 92707

$3,350,000

  • 0.25 acres
  • Built 1957

Listed by Gerald T Henberger, Broker · MLS #OC26167763

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1957.

Property size

0.25 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Prime Santa Ana DualZoning Portfolio Income Development UpsideRare investment opportunity to acquire two contiguous parcels featuring separate zoning and immediate cash flow in Santa Ana The commercial asset at 2014 S Main St 2400000 features a 5000 SF twostory building on a 5900 SF lot occupied by a longterm tenant It delivers an immediate 400 CAP rate scaling to 450 pro forma upon the next lease termIncluded in the portfolio is the adjacent rear parcel facing Sycamore St 950000 offering a 5000 SF lot with R2 zoning This land provides exceptional development potential for a duplex or a singlefamily home with an ADU Purchase together to secure a unique blend of stable commercial yield and highupside residential developmentInvestment Highlights Diversified Income Streams Mitigate risk by combining commercial cash flow with new residential construction BuiltIn Upside Immediate yield growth via an upcoming contractual lease increase Flexible Development Capitalize on Californias favorable ADU laws to build multiple residential units on the rear lot

THE NEIGHBORHOOD

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2014 S Main, Santa Ana, CA 92707

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THE DETAILS

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Property type
CommercialSale
Category
Commercial
Year built
1957
Parcel
01506810

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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2014 S Main, Santa Ana, CA 92707 · MLS #OC26167763

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Listing information

MLS #OC26167763 · California Regional MLS

Listing brokerage: Gerald T Henberger, Broker
Listing agent: Ron Tahan

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.