Property Listing No Longer Available for Sale

111 N Broadway, Santa Ana, CA

Office for Sale - 18,930 Sq. Ft. on 0.37 acres


Property Info

CIMLS#860687
Location
  111 N Broadway
  Santa Ana CA 92706
UpdatedApril 30th, 2018
TypeOffice
PriceUpon Request
Building18,930 Sq. Ft.
Land0.37 acres

Property Description

​Hi

Great value add property with cosmetic upgrade. Motivated seller. Bring on all offers.

3rd floor 4782 SF​ ready to be occupied. the other 2 floors provides $240744 gross rent currently.

PROs:

High income area of S​anta A​na

- Median income on immediate area $140,000 (per City-data narrowed down on Broadway & back street)​

- Close to all amenities and 3 min to highways

- Low risk of vacancy as small units ​are ​in demand, low maintenance & very light management.

​CONs:

Costmetic repairs needed: old paint, burnt out bulbs, soiled carpet, no plants, etc.

Large roof top area is not utilized


Financials