1811 Garry AveSanta Ana, CA 92705

  • Other commercial real estate
  • 6,450 SF
For Sale
$2,359,000 View listing

Property Details for 1811 Garry Ave

Year built
1978
Lot size
0.26 AC
Property size (Sq ft)
6,450 SF
Property type
Other commercial real estate
APN
430-173-20
APU
43017320

Description

This exceptional 5,495-square-foot Class A executive office building in Santa Ana, CA, presents a unique owner-user opportunity. Located at 1811 E Garry Ave, this single-story, 1978-built property boasts a high-image lobby with vaulted ceilings and abundant natural light. The functional layout includes private offices, cubicles, a conference room, and multiple restrooms, maximizing usable space without the loss of square footage for stairs or elevators. Convenient free surface parking is available. Its prime location offers easy access to the 5, 55, and 405 freeways, placing it minutes from John Wayne Airport and South Coast Plaza. Numerous nearby amenities and restaurants add to its appeal. Currently occupied by the owner, the building will be vacant upon close of escrow, fulfilling an SBA loan requirement. Priced at $2,359,000 ($429/SF), this represents a compelling value compared to similar sales. This is an ideal opportunity to lock in occupancy costs with a potential 25-year, 90% SBA loan, building equity instead of paying rent. The property is move-in ready and offers a highly desirable location in Orange County's thriving business environment. The zip code is 92705.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,030,622
    Hospitality
    $1,860,039
    Educational
    $1,547,530
    Medical
    $1,600,752
    Retail
    $2,407,270
1811 Garry Ave, Santa Ana, California

Location Insight

City
Santa Ana
County
Orange
State
California
Latitude
33.7054
Longitude
-117.852
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,694
$214,471
$476,672
$691,143
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-
-
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