1525 17th St, Santa Ana, CA 92705

Property Description

Centrally and conveniently located between the 55, 22, and 5 freeways on East 17th Street and Grand Avenue / Tustin Street, bordering Tustin in the city of Santa Ana, the property consists of two parcels:
 
 The first parcel (Orange County, APN: 396-066-09) is a 9,148 SF lot containing a 10,310 SF, two-story, multi-tenant, professional office building with four (4) large suites on the first floor surrounding a courtyard and seven (7) suites on the second floor. Each unit has its own restroom, with unit J and B each containing two (2) restrooms. Additionally, there is a 2000 SF basement that is not counted in the total square footage and is currently used as a music recording studio. Because the individual suites are on the smaller size (500-750 SF), they are fairly easy to rent to smaller businesses that may not require a large space. Additionally, the suites can be combined with additional suites to provide a larger contiguous office workspace. Current occupants include a national insurance brokerage, a non-profit organization, an attorney, an accounting firm, a direct marketing company, and quite a few other various businesses.
 
 The second parcel is 8,712 SF with APN: 396-066-08 and is currently used by the building tenants as a parking lot for 30 car spaces (3:1000 parking ratio), with 1 of those spaces reserved for handicap parking and access.
 
 Detailed financials will be provided upon request.