Property Overview

  • Address 104 E 4th St, Santa Ana CA
  • Property Type Multi Tenant Retail
  • Building Size SF 8.712

104 East 4th Street & 315 Main Street presents a premier owner-user opportunity to acquire a historic two-story building in the heart of Downtown Santa Ana. This property allows a business owner to establish a flagship presence while benefiting from supplemental rental income.

The building is ideal for a restaurant, sports bar, or brewery, featuring a strategic corner location with heavy pedestrian traffic and a vibrant nightlife scene. The upper level is currently occupied by OC Beauty Lounge, a stable tenant since 2002, providing immediate cash flow to offset debt service and operating costs.

This property has undergone a $600,000 earthquake retrofit, ensuring the building meets modern safety standards while preserving its 1890 architectural character..

The immediate area is undergoing a massive transformation with projects like The Rafferty and the $509M OC Streetcar, which will further enhance regional connectivity. This is a rare chance to own a piece of a revitalizing urban center anchored by major corporate headquarters and a growing residential population.


Highlights

• Tenants have established operating histories, providing confidence in their ability to maintain and grow their businesses, ensuring ongoing rent payments.

• Recent Earthquake Retrofit: $600,000 investment to ensure building safety and compliance, enhancing the property’s long-term value.

• Prime Downtown Location: Situated at the intersection of 4th Street and Main Street in Santa Ana, benefiting from high foot traffic and proximity to popular retail, dining, and fitness establishments.
• Fully Leased with Stable Tenants: 100% leased with long-term, reliable tenants including El Rincon Mexican Restaurant and OC Beauty Lounge, ensuring consistent rental income.

• Hands-Off Ownership: The property is leased under an Absolute NNN structure, minimizing landlord responsibilities and providing a truly passive income stream.

• Predictable Long-Term Cash Flow: With 10 years remaining on the lease term and minimal risk, the property offers a steady and reliable income stream for the next decade.

Location Map

Team

Mina Aldayyat

Mina Aldayyat

Investment Adviser
Tustin
CalDRE 02387847
Michael Alper
Michael Alper
Regional VP of Investments
Tustin
CalDRE 02042230
Centennial Advisers

Centennial Advisers

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