We're excited to present this bustling commercial property situated in the heart of Santa Ana, covering 720 square feet. For the past two decades, this property has been home to El Picante Mexican Food Restaurant. The tenant has operated a thriving business here and plans to continue for the foreseeable future. The lease extends until June 2025 with options for an additional 10 years. With a capitalization rate of 5.9%, the property generates an annual gross income of $40,404. It's being offered for sale in its current "as-is" condition.
100% occupied by long term tenants. NNN property so all expenses are paid by tenants. 5.96% cap based on 2024 income. Property taxes shown are for 2023. Very good condition and busy location with over 29,000 cars per day traveling along S Main St., according to the City of Santa Ana. 140 ft of frontage on S Main St. Three buildings with 4 tenants.
THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015. THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, its a dream canvas for creativity. THE LOCATION Situated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beachs most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.
This recently remodeled commercial property offers an exceptional opportunity in Orange County's bustling business landscape. Upgrades include a newer roof, heating & air systems, electrical infrastructure, interior & exterior lighting, fencing, and other interior enhancements. The property boasts 4,700 square feet of versatile space, featuring five offices, a conference room, a kitchen, three restrooms, and two storage areas. The layout is conducive to various business needs, with the potential for live/work units, multi-family residences, retail spaces, medical and dental offices, business offices, child care facilities, and more, subject to city approval. Situated on a generous 18,000 square foot lot, the property offers ample parking and a long driveway with an electric gate for added security. The rear yard is accessible through a gate, providing additional convenience for deliveries or outdoor activities. Both the rear and front yards are enclosed, offering privacy and a serene outdoor space. Don't miss this opportunity to own a prime commercial property with endless potential in a sought-after Orange County location.
Renovation/Redevelopment Potential: 12,348 SF CSM/R2 zoned site in the heart of the Historical South Main Commercial District. Street access from both Main Street and Sycamore Street. Currently a Live/Work Building of 2,739 SF of Commercial Retail space (total fixer) with good frontage on Main Street, plus a 540 SF Apartment upstairs with a separate entrance from outside on a 6,098 SF Lot zoned CSM; Also, an additional 4 Bed/2 Bath 1,108 SF SFR home (average-good condition for rental) on a rear adjoining 6,250 SF Lot Zoned R2. Total lot area for the two parcels combined is 12,348 SF, perfect for your redevelopment mixed use site or renovation for owner/users. Bring your unique business, art studio, or workshop to a live/work location in Central Orange County. Great for owner user to live on site in the SFR, rent the apartment and/or the house, use the commercial building for a business or rent it out as income producing investment property. Investors delight; rent all three separately to maximize rents or together to make things simple. See MLS #LG23124456 for more details on the SFR offered together with this Commercial Building. We have contractors bids for renovation work needed to mitigate the City Red Tag Items; Detailed Estimates are available for qualified buyers.
This main floor office condominium is a highly upgraded and beautifully remodeled unit in the San Clemente Medical Center. The property includes laminate floors, wood paneling, 3 offices and 2 storage areas, plus a large break/meeting room that includes a kitchenette and refrigerator area. There is also a private bathroom with shower included. Dual enter areas for private offer entry or dual business use. This property has a Conditional Use Permit that may be transferable, buyer or buyers broker responsible to investigate if possible. Low HOA. Gated after hours for security. Open parking, Major medical anchor tenants occupy building. Property is close to the freeway access, and large commercial centers, shopping and dining
This unique opportunity presents itself as a prime corner property on Main St, boasting heavy traffic and conveniently located across from a vibrant shopping center. The property for sale includes the building, business, and equipment of a recently remodeled restaurant with a captivating blend of modern aesthetics and cultural appeal, originally known for its Mexican cuisine. The exterior of the building has been freshly painted, while the Air Conditioning system and Roof are newly installed. This property holds great potential for various ventures, including the possibility of transforming it into a different type of establishment while preserving its original Mexican restaurant identity. The owner, with other investment plans in mind, is motivated to sell this exceptional property. The sale offers a 1031 Exchange with no costs to the buyer. Interested parties are invited to visit the location at their own expense for a first-hand experience. Kindly refrain from discussing the sale with any restaurant employees to maintain a respectful atmosphere. Please reach out for any inquiries or concerns. Our team is readily available to assist you. Thank you for considering this remarkable opportunity!
The property is located in a strategic MAINSTREAM traffic area;The store is well stablished for many years. With newer Air Conditioning System and Roof. The Building is for sale only not the business. There is a Lease contract in place for 5 years, with a 3% increase to the rent every year; option to renew the lease agreement for another 5 years ( the 5 year lease contract will end in March 2027). Buyer to cooperate with seller's 1031 Exchange at no cost to the buyer. Seller would prefer to sell this property together with the restaurant building next door MLS # DW 23149458 The restaurant building is for sale together with the business with lots of potential to grow.
Adorable free-standing property with Spanish style & modern luxuries, located in the highly desirable Saddleback View neighborhood. This property includes a double-door entry, 2 private offices, a kitchen and sitting room, a large meeting area, and a bathroom. Additional features include Ceramic Tile Flooring, Central Heat and air Conditioning, built-in cabinets, and a spacious parking area in the rear with a gated driveway. Easy access to 5 & 55 Freeways, Artist's Village, Historic Downtown District, & the Zoo. Possibility to divide space with two separate entrances.
***PRICE REDUCTION!!! Tremendous opportunity to purchase commercial property in Santa Ana - 1260sf building currently used as small business showroom. This property has 2 offices, reception desk, kitchen, and full bath with shower. Open floor plan includes plenty of light, 9 foot ceilings, and recently tiled flooring. The property is gated, includes 6 parking spaces, active security with cameras, and only 5 minutes from both the Interstate 5 and 55 Freeways. Priced to sell quickly!
This Class C office building is minutes from the Civic Center in downtown Santa Ana, California. Located near Hotels and restaurants and is approximately 5600 square feet in a two-story building. The parcel is zoned commercial. Very strong Health Services tenant in place. The property contains +/- 0.338 acres of land. Gated parking is available to tenants and visitors. Its an outstanding location highlighted by immediate access to Interstate I-5 freeway.
This property located at 925 W Warner St in Santa Ana, California offers an excellent opportunity for businesses seeking a prime location. Situated in a bustling area, this property has high visibility and easy accessibility, making it an attractive option for a variety of ventures. With its strategic location, the property benefits from significant exposure to both pedestrian and vehicular traffic, ensuring ample visibility for businesses operating here. Whether it's retail, office space, or service-oriented ventures, the location's can significantly contribute to the success of any business.
*Asking price $1,163,000 ($399/SF) / 2,915 SF *Single-story office condo with vaulted ceilings and an abundance of natural light *Owner-user offering with a dynamic location near the 55, 22, and 5 Freeways *Numerous restaurants and other amenities within walking distance and a short drive *Welcoming reception area, conference room, window offices, cubicles, and a kitchenette
Pleased to present 709 East Chestnut Avenue, an immaculate turn-key 12-unit apartment building. Built in 1983 and nestled in the heart of Santa Ana, just minutes away from the Historical Downtown District, this property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling 6.2% Capitalization Rate (CAP rate) on current rental income. A rare opportunity to take advantage of positive leverage, allowing the investor to place a smaller down payment and increase the cash-on-cash return. 709 Chestnut redefines urban living with spacious studio apartment, each generously proportioned to function as complete one-bedroom units. Enhancing the living experience, every unit is equipped with its own washer and dryer, offering tenants the convenience of in-home laundry facilities. Recent extensive interior renovations elevate the property to new heights, featuring luxurious materials, contemporary kitchens, stainless steel appliances, vinyl/plank flooring, upgraded bathrooms, and a range of other enhancements. The exterior of the property has undergone a fresh transformation with new paint and state-of-the-art exterior lighting, adding to the overall appeal. A noteworthy aspect of the Chestnut Apartments is the Planning Department Approval sec
Welcome to 1012 & 1018 Mission Drive in the Mesa Del Mar enclave of Costa Mesa. These adjacent four-unit apartment buildings showcase an array of 2-bedroom/1.5-bathroom townhouse-style units, each accompanied by its own private yard. With an average unit size of approximately 1,175 square feet, these residences epitomize comfortable living. The property boasts a substantial community courtyard nestled between the two buildings. Notably, the seller has recently renovated four of the eight units since 2021, creating an attractive prospect for savvy investors to enhance the remaining four units and leverage competitive market rents. Tenants are offered garages and off-street parking, along with dedicated laundry rooms within each building. The strategic location of the property ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.
Stop paying rent for your business, optimize your income taxes, and own your own commercial condo! Ground-level corner office condo, ready for immediate occupancy. Located within the prestigious Orleans Square building, positioned to the west of Tustin Ave. Open-concept layout with contemporary upgrades such as Italian tile, baseboards, a newer electric panel and wiring, recessed lighting, newer insulation, newer bathroom, newer windows, and shutters. The building's roof has also been recently renewed. The HOA covers water and trash services. High-speed internet alternatives consist of ATT Fiber, DSL, and Spectrum Cable. The Association encompasses a total of 40 units, housing legal firms, medical and dental practices, accounting agencies, real estate companies, insurance firms, and diverse professional services. Ground-level units are in high demand. Ample parking is at your disposal both at the back & side and within the front quadrangle of the building. Ideally suited for an owner/user scenario, this location at Orleans Square ensures effortless access to the 22 Fwy, 55 Fwy, and 5 Fwy, as well as close proximity to state and county establishments at the Civic Center in Santa Ana. Nearby amenities encompass a variety of restaurants and shopping centers.
Pleased to offer 819 Cypress Avenue, a 6+1 apartment complex located on the beautiful tree-lined street of Cypress Avenue in the city of Santa Ana. This 4,405 SF multifamily property boasts two, single-story cottage style buildings with private yards at the front of the property and a standalone fourplex at the rear of the property. Tenants enjoy the high-quality interior finishes and tranquil residential setting, along with ample parking at over a 2:1 ratio. A desirable construction age of 1973, coupled with strong ownership/management that have renovated five of the seven interiors, make this investment an ideal candidate for the investor looking to produce immediate cash flow with minimal efforts.
Mixed use property on 18,260SF lot. Perfect for redevelopment or owner/user. Infill Opportunity - Rare Mixed-Use Property For Sale. Consisting of 4 structures; 1890's built historic home (900SF) detached garage (550SF), small industrial building currently used as a yoga studio (670 SF) and completely upgraded industrial building currently used as a training facility (1880
his well-maintained and highly sought-after free-standing Medical building is a beautiful property with multiple offices. It is currently being used as a medical eye care clinic. It is located in the City of Santa Ana and sold completely and separately from the business currently in operation. The Business is not for sale. This property is truly one of a kind and is located in the heart of the City of Santa Ana on an extremely busy street with tremendous foot traffic. and the building is in a fantastic location north of 17th St minutes away from major freeways 57-55-22-and 5. The building is in very good condition.
Legitimate turnkey multifamily investment property offering a range of one-, two-, and three-bedroom loft-style floor plans. Substantial investment was made in 2023 and 2024, with over $1.7M in interior and exterior capital improvements. 100% of the interiors are fully renovated, including all new appliances, cabinets/counters, new electrical panels, flooring, painting and drywall, and all new windows and doors. Common area improvements include the roofs, painting, termite & pest mitigation, and tenting of the entire structure, exterior wood, decking, all new stairs and railings, all new asphalt, hardscape/softscape, mailboxes, plumbing, house electrical panels, and garage doors. ABOVE ALL, the debt component sets this project apart from nearly all other investments within the marketplace. Available to assume is a private note with a 50% LTV and interest-only payments for nine years, starting at 3.5%, with a cap at 5.0%, resulting in a blended interest rate of 4.61% over the term. This equates to an initial cash-on-cash return of over 4% with a down payment of $6,000,000no appraisal required, no points for the loan assumption, COE in 30 days or less.
We are pleased to present 353 Hamilton Street in Costa Mesa, a 6-unit multifamily property on a large corner lot of 11,065 square feet (1/4 acre) with huge upsides in rents. Excellent mix of units with two 2bd/2ba, two 2bd/1ba, and two 1bd/1ba. This property is located in an excellent residential income area with easy access to the 55 freeway. Ideally located close to nearby shopping, restaurants, parks, golf courses, Newport Beach, Huntington Beach, and Newport Harbor.
VALUE ADD OPPORTUNITY! CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!! We are pleased to offer for sale this well-located gated property in the highly desirable Prime Historic French Park area. This property is also close to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This gated community is located minutes to Downtown Santa Ana, the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community is individually metered for both Gas & Electric (tenant pays for this) and is 100% occupied with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.
HIGHEST CAP RATE ON MARKET IN ORANGE COUNTY! 11 OF 14 UNITS RECENTLY RENOVATED. RENOVATIONS INCLUDE: BRAND NEW SUBPANELS, FIXTURES, LIGHTING, CABINETS, TOILETS, COUNTERTOPS, BATHROOMS, WALL HEATERS, INTERIOR PAINT, AND RE-GLAZED BATHTUBS. MOST UNITS HAVE LARGE WALK IN CLOSETS! EXTERIOR RENOVATIONS INCLUDE: ROOF REPAIRS, NEW PAINT, NEW PARKING LOT LINING, LANDSCAPE, AND SIGNAGE. THE PROPERTY IS SITUATED ON A CORNER LOT WITH AMPLE STREET PARKING IN ADDITION TO 11 PARKING STALLS. THE BUILDING IS WALKING DISTANCE FROM SANTA ANA HIGH SCHOOL, CITY CENTER AND HISTORIC DOWNTOWN SANTA ANA!
383 West Wilson Street is a 12-unit multifamily investment property located in Costa Mesa, California. The property offers a mix of 10, one-bedroom units and 2, two-bedroom units. All units have undergone substantial renovations that include fresh paint, vinyl and carpet flooring, quartz countertops, appliances, bathrooms, and more. Amenities at 383 West Wilson Street include ample garage and surface parking, and an on-site laundry facility. Residents benefit from 383 West Wilson Streets excellent Costa Mesa location, within walking distance of a plethora of major retail centers. Located just steps away from the property are Gray Plaza, anchored by At Home, and Harbor Center, anchored by Home Depot and the newly opened Mercado Gonzalez Northgate Market. Additionally, the property is situated less than one-mile from Orange Coast College (OCC) and the O.C. Fairgrounds, two major housing and economic drivers for the area. Furthermore, the propertys location, between Harbor Boulevard and State Route 55, provides residents with easy access to Costa Mesa hotspots including Triangle Square, 17th Street, and South Coast Plaza. The property benefits from its close proximity to State Routes 55 and 73, convenient access to major employment hubs including the South Coast Metro, Irvine
This property is zoned commercial and residential, can be built up or around. Currently multifamily. Past history was used as commercial, i.e., dental office. Up and coming area includes Triangle Square, Chalk, Chow, Mothers and many other businesses that are just a few hundred yards away.
