949-929-5901
902 N Grand Ave, Santa Ana, CA for Sale
Medical - FOR SALE
1/27
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902 N Grand Ave
Santa Ana, CA 92701
Saddleback View


HIGHLIGHTS

  • COVERED LAND OPPORTUNITY – 0.80-acre parcel in Santa Ana’s District Center-High zone, allowing for 5.0 FAR, 125 du/ac, and up to 25 stories.
  • EXISTING INCOME – Currently improved with a 20,043 SF building producing over $18,000 in monthly gross rent.
  • SBA FINANCING POTENTIAL – Income-generating SBA opportunity with over 50% delivered vacant.

OVERVIEW

The Parham Group at Marcus & Millichap is pleased to present for sale 902 N Grand Ave, Santa Ana. This property totals ±34,848 SF of land with a ±20,043 SF office building currently generating $18,000+ per month in gross income. For users or investors, the existing structure provides immediate income potential and SBA financing eligibility. For developers, the site is located in a Qualified Census Tract (QCT) and within ½ mile of major public transit, making it eligible for AB 2097 parking relief and a 30 percent LIHTC basis boost — two powerful advantages for future residential or mixed-use development.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

DC-5

APN/PARCEL ID

398-101-14

ASK ABOUT THIS PROPERTY

Parham KhoshbakhtianMarcus & MillichapMore Info
949-929-5901

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Parham KhoshbakhtianMarcus & MillichapMore Info
949-929-5901

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.