2733 W Edinger Avenue

Santa Ana, CA 92704 Active for $5,758,888
 


Beds: N/A  Baths: N/A  Structure Size: N/A sqft  Lot Size: 50,094 sqft


Property Facts
MLS NP25024183
Year Built 1980
Property Type Retail
County Orange
Status Active
Active $5,758,888
Structure Size N/A sqft
Lot Size 50,094 sqft
Beds N/A
Baths N/A

Description

VALUE ADDED OPPORTUNITY on a PREMIER CORNER LOT! Prime 50,094 square foot Lot at the Corner of W. Edinger and S. Fairview in Santa Ana. BUILD THE OUTPARCEL pad and make this a cash cow. Existing fully leased 9,099 square feet of retail space PLUS an empty outparcel pad. Each unit has a private bathroom. Electric and Gas is separately metered. Water, house lights, property taxes and insurance are covered by CAM fees. Well over 1 acre here, come and get it. Some of the tenants have been in the property for decades, most are short term. GSI does not include potential income from the vacant/empty outparcel which was a restaurant. (Might be good for a Starbucks or something of the like?). I will post NOI as soon as I receive those figures from the Seller. Most leases go through 9/2026, on in 2028 and one could go through 2030 if the tenant exercises his option to extend. Some of the tenants have been in the property for decades. We have a Phase One Environmental Site Assessment with an inspection date of October 23, 2015 which states “The former building on the south side of the subject property was recently demolished” so this Phase One Inspection was completed after the removal of that structure. I am happy to provide a copy. This sale includes parcel numbers 407-041-35 and 407-041-36, no they will not be sold separately.

Listing information courtesy of: Robert Koop Jr, Tekoop Properties, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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