$3,350,000
Prime Santa Ana Dual-Zoning Portfolio: Income & Development Upside Rare 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 ($2,400,000) features a 5,000 SF two-story building on a 5,900 SF lot, occupied by a long-term tenant. It delivers an immediate 4.00% CAP rate, scaling to 4.50% pro forma upon the next lease term. Included in the portfolio is the adjacent rear parcel facing Sycamore St ($950,000), offering a 5,000 SF lot with R2 zoning. This land provides exceptional development potential for a duplex or a single-family home with an ADU. Purchase together to secure a unique blend of stable commercial yield and high-upside residential development. Investment Highlights Diversified Income Streams: Mitigate risk by combining commercial cash flow with new residential construction. Built-In Upside: Immediate yield growth via an upcoming contractual lease increase. Flexible Development: Capitalize on California's favorable ADU laws to build multiple residential units on the rear lot.
Listed by Ron Tahan with Gerald T Henberger, Broker (949) 874-7126
Property Type
Retail
Status
Active
MLS Number
OC26167763
Year Built
1957
Lot Size
0.25 acres
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