Flower Park - Santa Ana, CA Commercial Real Estate
2 results
Address
Price
Size
Multi-Family Income Property with Development Opportunity
1012-1014 W 3rd St
Flower Park, Santa Ana, CA
Lot Size:0.12Acres
This property is located on the corner of W 3rd St and N Olive St. Available for sale is this very unique set of properties. The properties consist of 2 residential duplexes on adjacent lots. The property currently generates revenue from 6 units total, 4 apartment units and 2 storage units which are being leased separately from the apartments. Rent for this duplex is currently $3,790. Combined monthly income for both listings is currently $6,790. Note this post is for one of the two separate adjacent duplexes listed for sale. See https://buildout.com/website/3rdSt-1 for the other listing. Combined asking price is $1,198,000. Seller prefers to sell both listings $599,000 asking each as a combined sale, which would be beneficial for the buyer as well, especially if buyer opts to redevelop. Combined square footage of both lots is 11,325 sf. The units could continued to be rented at the current rates in practical perpetuity as there is high demand for these rentals in the area. Opportunity to increase rents by about 10-15% exists on a few of the units. Unique feature of the lots that these properties sit on is that they have been rezoned for commercial use, specifically Santa Ana's P zoning, which would allow for an investor, developer or owner/user to redevelop the residential rental units into commercial space. (See documents section for P zoning information) Santa Ana's P zoning allows for the following uses, of course, we advise you contact the city's planning and zoning department to confirm your use and get specific inclusions and exclusions to the following uses: (a) Professional, business and administrative offices where no merchandise is sold. (b) Banks, savings and loan offices, credit unions, and mortgage and finance companies. (c) Travel agencies. (d) Medical and dental offices. (e) Art galleries, art and photography studios. (f) Museums and science centers. (g) Print and copy services. (h) Pharmacies, limited to the dispensing of goods and merchandise related to health care only, and excluding drive-through facilities. (i) Child care facilities. (j) Non-freestanding commercial and service uses which do not exceed ten(10) percent of the floor space of the building in which they are located and which are supportive of, compatible with, and integrated into the professional and business uses on the same property, (k) Freestanding restaurants, cafes, and eating establishments.
Sale:
$599,000
$599,000
0.12Acres
1146 W CIVIC CENTER DR
1146 W Civic Center Dr
Flower Park, Santa Ana, CA
More info
More info
No results found
Try zooming out to search a larger region or try broadening your limits on size, price, etc.
Market Stats
Flower Park has 1 commercial real estate spaces for lease, representing 1,360 sqft space. 1 buildings are available for sale.
Metropolitan areas near Flower Park
Cities around Flower Park
Search Specific Use Types
Office Space | For Lease | For Sale |
Retail Space | For Lease | For Sale |
Industrial Space | For Lease | For Sale |
Medical Office | For Lease | For Sale |
Coworking Space | ||
Executive Suite |
All Content © 2024 OfficeSpace.com, All Rights Reserved.
Terms of Use
&
Privacy Policy
This site is protected by reCAPTCHA and the Google
Privacy Policy
and
Terms of Service
apply.
Need Help?
Tell us about your space needs.
OfficeSpace.com
Tell us about your space requirements.
We're here to help!