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Santa Ana, Ca 92707 SANTA ANA, CA 92707 TWO STORY OFFICE BUILDING ▪ HEART OF SANTA ANA, CA All materials and information received or derived from Darvishian Group its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. PASHA DARVISHIAN Neither Darvishian Group its directors, officers, agents, advisors, or affiliates makes any Managing Partner representation or warranty, express or implied, as to accuracy or completeness of the 949.396.1075 materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a [email protected] party’s active conduct of its own due diligence to determine these and other matters of CA BRE License No: 01397162 significance to such party. Darvishian Group will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations JON HAUSO including through appropriate third party independent professionals selected by such party. Vice President Investments All financial data should be verified by the party including by obtaining and reading applicable 949.396.1028 documents and reports and consulting appropriate independent professionals. Darvishian Group makes no warranties and/or representations regarding the veracity, completeness, or [email protected] relevance of any financial data or assumptions. Darvishian Group does not serve as a financial CA BRE License No: 02003482 advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property 3190 Airport Loop Drive complies with applicable governmental requirements should be discussed by the party with Suite E2 appropriate engineers, architects, contractors, other consultants and governmental agencies. Costa Mesa, CA 92626 All properties and services are marketed by Darvishian Group in compliance with all applicable fair housing and equal opportunity laws. EXECUTIVE SUMMARY ADDRESS 1403 S. Main Street ZONING CSM- Commercial South Main CITY Santa Ana, CA 92707 CLASS B COUNTY Orange PARKING 10 Parking Stalls PRICE $1,400,000 YEAR BUILT 1967 PROPOSED DOWN PAYMENT $140,000 (10%) WALKSCORE ® Very Walkable (81) PROPERTY TYPE Multi-Tenant Office APN 014-032-39 BUILDING AREA ± 4,815 OPPORTUNITY ZONE Yes LAND AREA ± 8,817 SALE TYPE Fee Simple (Building and Land) DISCLAIMER: The information contained herein is not a substitute for a thorough due diligence investigation. The Broker has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, zoning & land use, and the size and square footage of the property and improvements. 4 The Darvishian Investment Group is pleased to present for sale 1403 South Main Street in Santa Located on busy South Main Street - Corner Location Ana, CA. The subject property is a +/- 4,815 square foot two-story office building on 8,817 square feet of land, currently partially occupied by the owner for his law practice. The office Two-story free standing office building building contains two floors of office space that can either be used by one, two or multiple tenants. The office building is free-standing, with its own private gated parking lot. The Secure on-site gated parking lot interior features high ceilings, a welcoming front lobby and reception area, multiple conference Impressive courtyard design with staircase rooms, private offices on both floors and a courtyard internal staircase. The property is located on South Main street, very close to Downtown Santa Ana, immediately adjacent to the Men’s and Women’s restrooms on both floors U.S. Postal service and conveniently near the 55 and 5 freeways. Security cameras installed around property Currently, the SBA 504 owner/user loan rates are at historic low levels. With a 10% down payment, an owner user can borrow at a 2.66% [1] 25-year fixed rate, fixing your occupancy Easily divisible for additional income cost at a low payment for up to 25 years. At current interest rates, the monthly mortgage for this investment would be $6,216 per month. In addition, a new owner could lease a portion of [1] Interest rates and loan terms are dependent on borrower and subject to market conditions, the space out (up to 49%) and reduce the monthly mortgage cost. consult a loan professional for individual loan programs. [2] Depreciation assumes 70/30 building/land value, consult your tax professional for individual tax benefits. Financial Opportunity 5 6 Interior Staircase 7 Entry way into front door 8 Secure gated parking 9 10 LOCATION OVERVIEW SANTA ANA, CA 92703 The city of Santa Ana in Orange County is a beautiful city located in Southern California, adjacent to the Santa Ana River and about 10 miles from the coast. It's home to the Santa Ana Civic Center, Ronald Reagan Federal Building and Courthouse, Santa Ana Zoo, Bowers Museum, Discovery Cube Orange County, and The Heritage Museum. The city itself is very densely populated, with the downtown area being the main arts and entertainment hub. There are a lot of restaurants, coffee shops, and parks. The public schools are above average. Several historic homes dating from the late 1800's can be found as well, and their preservation is a key issue as development of the downtown area continues. Ronald Reagan Building El Indio Santa Ana Stadium Hector’s City Hall Starbucks Café Cultura Dollar Tree Northgate Market Domino’s Pizza Benjamin Franklin Elementary O’Reilly Auto Lathrop School Sapphire Massage Economy Tires Pasteleria Rancho California Beauty Frida Salon Alvas Produce Labahn Ranch U-Haul KFC St. Anne School 13 Top Employers 1 County of Orange 15,390 2 Ingram Micro 4,000 3 Rancho Santiago Community College 2,300 Economic 4 United States Postal Service 2,000 5 Tenet Healthcare 1,500 6 Freedom Communications 900 Now fully developed, Santa Ana has several distinct districts. The core of 7 First American 900 the city is the downtown area, which contains both retail and housing, as 8 Corinthian Colleges 858 well as the Santa Ana Civic Center, which is a dense campus of 9 CA Department of Mental Health 800 administrative buildings for both the city and the county of Orange. North of downtown is the "Midtown" district along Main St., home to 10 United Building Services 800 entertainment destinations such as the Bowers Museum, MainPlace Mall, and the Discovery Science Center. Near the intersection of the Santa Ana Freeway and the Costa Mesa Freeway is the newly designated "Metro East" area, which the city council has envisioned as a secondary mixed-use development district. Also on the east side of the city is the Santa Ana Zoo, notable for its collection of monkeys and species from South and Central America. The southeast end of the city is part of the South Coast Metro area, which is shared with the city of Costa Mesa. South Coast Plaza, a major shopping center, is the primary destination of this area, which also contains several high-rise office and apartment buildings. Disneyland Resort Demographics 2020 1 Mi. 2 Mi. 3 Mi. Mall LaEspecial Population 68,666 360,322 709,468 Polly’s Polly’s Pies Santiago Santiago Park MainPlace Tito’s Tito’s Round1 Amusement Round1 River View Golf Course &Fitch Abercrombie Northgate Market Discovery Cube Households 14,376 82,306 187,040 The Hacienda Bowers Museum Kidseum Santa Ana Public Library Families 11,741 65,225 141,754 4th Street Market City Hall of Santa Ana Esports Arena Avg. HH Size 4.54 4.26 3.71 Santa Ana Stadium Crave Restaurant Cozy Corner Drive In Mill Bakery Santa Ana Zoo Owner-Occupied 3,280 33,798 85,847 El Carbonero Yost Theater Riverview West Puebla Express Memorial Park Renter-Occupied 11,096 48,507 101,193 Wells Fargo Wendy’s Beauty Salon South Coast Global Medical Santa Buffet & Grill Shinoda Design Center Median Age 27.7 30.5 32.8 Donut Star Bristol Place Cauldron Ice Cream Trader Joe’s Median HH Income $42,792 $59,072 $68,704 Target Avg. HH Income $58,995 $76,700 $90,249 Kaiten Michaels LAFitness Bella Cuba Bella Kaisen Bristol Center Bristol
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