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800 East Washington Avenue

JA Roberto Investments Acquires Santa Ana Industrial Buildings For $4.95M
SOLDIndustrial

JA Roberto Investments Acquires Santa Ana Industrial Buildings For $4.95M

800 East Washington Avenue & 808 East Washington Avenue

$4,950,000

$90/SF

Building Size

54,886 SF

Asset Type

Industrial

Closing

Dec 26, 2023

AI

JA Roberto Investments, represented by Jesus Roberto, has acquired two industrial buildings totaling 27,443 square feet in Santa Ana, California. The properties, located at 800-808 East Washington Avenue, were purchased from Q Creative, LLC for a total price of $4.95 million. The deal was facilitated by Xavier Nolasco of JLL on behalf of the seller and Marcus & Millichap representing the buyer. The acquisition aligns with the demand for industrial spaces with fenced yards in Orange County and offers immediate freeway access and versatile usage options under M-2 Heavy Industrial zoning.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,950,000
  • Address: 800-808 East Washington Avenue, Santa Ana, California
  • Square Footage: 27,443
  • Market: Santa Ana

JA Roberto Investments, represented by Jesus Roberto, made the acquisition of the industrial properties in Santa Ana. Xavier Nolasco of JLL acted as the seller's representative, while Marcus & Millichap represented the buyer. This transaction meets the demand for industrial spaces in Orange County, providing fenced yards, immediate freeway access, and versatile usage options under M-2 Heavy Industrial zoning.

Players

Xavier Nolasco

JLL

Broker

$75.2M

vol

6 deals

Broker

Santa Ana Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.20%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93