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
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