Just Listed: For Sale for the First Time in Over 30 Years!
2414 S Fairview Street, Santa Ana, CA 92704.
Healthcare & Professional Office Investment - 32,291 SF | Established Medical Tenancy | 4/1,000 Parking | Major Upside
The property presents a rare opportunity to acquire a healthcare-oriented multi-tenant investment with immediate in-place cash flow and substantial upside from legacy lease structures. The asset benefits from long-standing medical & professional tenancy, a highly functional 4.0/1,000 parking ratio, and below-market rents that create a clear path for future NOI growth through lease restructuring, lease-up, and strategic repositioning.
Current NOI: ~$414,775.32
Current In-Place Rents: ~$39,509 / month
Current Annual Rent: ~$474,108
Market Gross Scheduled Rent: ~$663,751.20
Current Rents: Approximately 40%–60% Below Market
Parking Ratio: 4.0 / 1,000 SF
What makes this asset compelling:
25+ long-term tenants.
Primarily medical and healthcare-oriented tenancy.
Strong tenant retention history.
Significant embedded rental upside.
Existing healthcare identity and tenancy mix.
There is real value in opportunities where the tenancy, rent structure, and location create multiple paths for future upside.
This is the type of asset where a buyer can look beyond just today’s income and see what the property can become over time.
If you’re an investor, owner-user, or group looking for healthcare-oriented real estate in Orange County, feel free to reach out directly.
Ask for extra due diligence.
Call for pricing guidance. Data Room for Full Offering Memorandum.
Ownership is seeking offers aligned to the property’s in-place actual cash flow, healthcare-oriented tenancy blended upside, and functional parking ratio.
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