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1854 W 17th St 2,468 SF 100% Leased Retail Building Santa Ana, CA 92706 $1,300,293 CAD ($526.86 CAD/SF) 2.32% Cap Rate
Investment Highlights
- Heavily traveled corridor with lots of foot traffic
- Two retail units and a studio
- Excellent visibility
Executive Summary
You have to see it to believe it! First time on the market since 1972, this fabulous commercial/mixed unit building sits right on the 17th Street main business corridor. Just properties over from Santa Ana Community Collage and moments from the 5 Freeway, this standalone building offers excellent visibility, high foot traffic, and convenience in a centrally located, rapidly growing area. Consisting of two retail units and a studio rental unit, this was the home of ENG Carpet Services which at one time occupied the entire space as both a show room and warehouse with load area in the back. Eight parking spaces in the back. An interesting opportunity coupled with unique history.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$39,419
|
$15.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$39,419
|
$15.97
|
| Taxes |
$3,389
|
$1.37
|
| Operating Expenses |
$15,189
|
$6.15
|
| Total Expenses |
$18,578
|
$7.53
|
| Net Operating Income |
$20,842
|
$8.44
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $39,419 |
| Annual Per SF | $15.97 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $39,419 |
| Annual Per SF | $15.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,389 |
| Annual Per SF | $1.37 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $15,189 |
| Annual Per SF | $6.15 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,578 |
| Annual Per SF | $7.53 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $20,842 |
| Annual Per SF | $8.44 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,468 SF
Building Class
C
Year Built
1931
Price
$1,300,293 CAD
Price Per SF
$526.86 CAD
Cap Rate
2.32%
NOI
$30,112 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.18 AC
Zoning
Commercial - Parcel Number
004-044-42
County
Orange County
Census Tract
060590752.021003
Carrier Route
C009
Abbreviated Description
SUBD:MABURY TRACT TR#:462 A
Parking
10 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
126’ on 17th St
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Jose Upholstery
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Jose Upholstery | Services | - | - | - |
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 004-044-42 | Total Assessment | $192,330 CAD |
| Land Assessment | $107,089 CAD | Annual Taxes | $3,389 CAD ($1.37 CAD/SF) |
| Improvements Assessment | $85,241 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
004-044-42
Land Assessment
$107,089 CAD
Improvements Assessment
$85,241 CAD
Total Assessment
$192,330 CAD
Annual Taxes
$3,389 CAD ($1.37 CAD/SF)
Tax Year
2025
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Presented by
Meridian Property Management
1854 W 17th St
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