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106 West 106 W 4th St 35,419 SF 70% Leased Office Building Santa Ana, CA 92701 For Sale
Investment Highlights
- ±35,419-SF Historic Office/Retail Building in the Heart of Downtown Santa Ana
- The building’s income share is ±60% office and ±40% retail
- Four of the six floors have gone through recent, extensive renovation – creating space with exposed ceilings, brick, and concrete elements
- 70%-Leased Value-Add Investment Opportunity
- A truly creative and dramatically unique building compared to the largely homogenous Orange County office market
Executive Summary
106 West represents a rare value-add acquisition in the heart of historic downtown Santa Ana. Spanning ±35,419 square feet above a basement vault, the six-story mixed-use property combines approximately 60% office and 40% retail occupancy. Currently 70% leased, this asset offers immediate income stability with significant upside potential through targeted leasing and repositioning efforts.
Originally constructed in 1923 for the First National Bank, 106 West features unique structural characteristics including steel-frame and concrete construction, expansive floor plates of ±5,500 SF, and abundant natural light highlighted by exposed brick and concrete finishes. Four floors have undergone extensive renovation, creating modern creative office environments with high ceilings and original detailing.
Situated in Santa Ana’s vibrant Artists Village and Civic Center area, the property benefits from strong demand generators such as government offices, cultural institutions, and a growing base of dining and retail amenities. Accessibility will further improve with the pending debut of the OC Streetcar line in 2026, positioning this address as one of the most transit-connected locations in Orange County. Additional investor appeal comes from Mills Act tax advantages and proximity to major infrastructure improvements totaling $54 million.
This offering presents a unique combination of stabilized cash flow, future leasing upside, and enduring historical significance in a rapidly evolving downtown market.
Originally constructed in 1923 for the First National Bank, 106 West features unique structural characteristics including steel-frame and concrete construction, expansive floor plates of ±5,500 SF, and abundant natural light highlighted by exposed brick and concrete finishes. Four floors have undergone extensive renovation, creating modern creative office environments with high ceilings and original detailing.
Situated in Santa Ana’s vibrant Artists Village and Civic Center area, the property benefits from strong demand generators such as government offices, cultural institutions, and a growing base of dining and retail amenities. Accessibility will further improve with the pending debut of the OC Streetcar line in 2026, positioning this address as one of the most transit-connected locations in Orange County. Additional investor appeal comes from Mills Act tax advantages and proximity to major infrastructure improvements totaling $54 million.
This offering presents a unique combination of stabilized cash flow, future leasing upside, and enduring historical significance in a rapidly evolving downtown market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
35,419 SF
Building Class
B
Year Built/Renovated
1923/1986
NOI
$767,397 CAD
Percent Leased
70%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
5,500 SF
Slab To Slab
10’
Building FAR
4.83
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
SD84 - Transit zoning
Amenities
- Commuter Rail
- Conferencing Facility
- High Ceilings
- Natural Light
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 210
- 2,086 SF
- Office
- Spec Suite
- Now
- 3rd Fl-Ste 308
- 711 SF
- Office
- Spec Suite
- Now
Creative Space, Historical Building, Exposed Brick
Creative Space, Historical Building, Exposed Brick
Creative Space, Historical Building, Exposed Brick
Historic Building, Creative Space, Exposed Brick, etc..
- 4th Fl-Ste Full Fl
- 5,418 SF
- Office
- Spec Suite
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 210 | 2,086 SF | Office | Spec Suite | Now |
| 3rd Fl-Ste 308 | 711 SF | Office | Spec Suite | Now |
| 3rd Fl-Ste 314/316 | 667 SF | Office | Spec Suite | Now |
| 3rd Fl-Ste 317 | 335 SF | Office | Spec Suite | Now |
| 3rd Fl-Ste 318/320 | 777 SF | Office | Spec Suite | Now |
| 3rd Fl-Ste 319/321 | 747 SF | Office | Spec Suite | Now |
| 4th Fl-Ste Full Fl | 5,418 SF | Office | Spec Suite | Now |
2nd Fl-Ste 210
| Size |
| 2,086 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
3rd Fl-Ste 308
| Size |
| 711 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
3rd Fl-Ste 314/316
| Size |
| 667 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
3rd Fl-Ste 317
| Size |
| 335 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
3rd Fl-Ste 318/320
| Size |
| 777 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
3rd Fl-Ste 319/321
| Size |
| 747 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
4th Fl-Ste Full Fl
| Size |
| 5,418 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
3rd Fl-Ste 314/316
| Size | 667 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
Creative Space, Historical Building, Exposed Brick
3rd Fl-Ste 317
| Size | 335 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
Creative Space, Historical Building, Exposed Brick
3rd Fl-Ste 318/320
| Size | 777 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
Creative Space, Historical Building, Exposed Brick
3rd Fl-Ste 319/321
| Size | 747 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
Historic Building, Creative Space, Exposed Brick, etc..
1 1
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 398-264-07 | Improvements Assessment | $3,621,514 CAD |
| Land Assessment | $1,207,170 CAD | Total Assessment | $4,828,684 CAD |
Property Taxes
Parcel Number
398-264-07
Land Assessment
$1,207,170 CAD
Improvements Assessment
$3,621,514 CAD
Total Assessment
$4,828,684 CAD
Contacts
-
Geoffrey DeWolf -
Steve Economos -
David Economos -
Matthew Economos -
Economos DeWolf, Inc.
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106 West | 106 W 4th St
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