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About the Listing H08620 - SKANEBRE
Excellent Opportunity to own a Commercial building in the heart of Henninger Park in Historic Santa Ana along the well trafficked South Broadway corridor. This property boasts 3 units, each with their own electric meter, and a nearly 5:1 parking ratio with a fully enclosed and gated parking lot with up to 15 gated parking spaces and plenty of off-street parking as well. Each unit has its own private bathroom. Bonus full sized basement allows for additional storage and access to all plumbing and electric for service, maintenance and repairs. There is huge upside in rents with the current tenants in 2 of the 3 units, who are on month-to-month lease well below market value. The third unit is in the process of being leased for a 12 month term. This property has very unique zoning (SD-40) which allows for either residential or a variety professional and retail commercial uses. Convert this property to residential units and really hit an income home-run with at least $6,000/month of pro forma gross income. Roof was replaced in 2017, all new ABS plumbing waste-lines in 2018, all copper plumbing throughout and a mini-split heat pump (HVAC) in unit 624 in 2018. This one won't last long, so come quick!
Listing Highlights for 626 S Broadway
Status
Active
Days on Site
345
Property Type
Commercial Sale
MLS ®
OC24233577
Year Built
1919
Total Square Footage
2,021
Lot/Acreage
N/A
County
Orange
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Heat Pump
- Heating: Heat Pump,Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 15
- Zoning: SD-40
- Roof: Asphalt
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: $4,171
- Taxes w/Assessments: N/A
- Tax/Property ID: 01015214
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
626 S Broadway Santa Ana, CA 92701
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