502 W 17th Street,Santa Ana, CA 92706
Santa Ana, CA 92706
Description
Welcome to an excellent investment and owner-user opportunity in Santa Ana's established commercial district. This versatile property offers approximately 6,150 SF of building space on a 9,583 SF lot, with 16 dedicated parking spaces, private fencing, and gated access. The property offers excellent street visibility and convenient access to the 22 and 5 freeways. The property currently features two commercial tenants and one spacious upper-level unit, providing multiple income streams and additional upside potential. Unit 502A - Best Massage: Current rent $2,471/month. Unit 502B - Western Union: Current rent $2,471/month. Unit 504 - Approximately 1,700 SF: Currently rented at $2,700/month, with estimated market rent of approximately $3,400/month. This spacious 3-bedroom, 1-bathroom unit features new flooring, new A/C, and updated interior finishes. Unit 506 - Approximately 2,000 SF Commercial Space: Currently vacant, with estimated market rent of approximately $4,400/month. The previous tenant operated an import/export warehouse. This flexible commercial space offers an excellent opportunity for an owner-user to operate their own business, such as an architect's office, builder/contractor office, or other permitted professional or business use, or to lease the space for additional rental income. Don't miss this opportunity to own a versatile mixed-use property with existing income and significant potential for future growth.
Details
| MLS # | PW26197171 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 9 |
| Listing Provided By | L.S. Gateway Realtors | Katrina Pham |
Features
| SQ Feet | 6,150 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.22 |
Interior
| Cooling | Central Air, Electric |
|---|---|
| Heating | Central, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Common Roof, Other |
|---|---|
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors |
| Construction Materials | Cement Siding, Drywall, Glass, Stucco |
| Lot Features | Back Yard, Near Public Transit, Walkstreet |
| Fencing | Security, Wrought Iron |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Water Available, Water Connected |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92706 |
| Area | 70 Santa Ana North of First |
| Listing VS Median (in 92706) | |
Price: $1,599,900 low | high Med: $1,200,000 sqft: 6,150 low | high Med: 2,512 $ / sqft: $260 low | high Med: $476 On site: 9 low | high Med: 40 | |
Market Activity 92706
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92706 |
| Area | 70 Santa Ana North of First |
| Listing VS Median (in 92706) | |
Price: $1,599,900 low | high Med: $1,200,000 sqft: 6,150 low | high Med: 2,512 $ / sqft: $260 low | high Med: $476 On site: 9 low | high Med: 40 | |
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