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

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SOLD
$4,950,000

California

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Industrial54,886 SF
Sold 12/26/2023
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SOLD

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

800 East Washington Avenue & 808 East Washington Avenue

See Similar Deals
Industrial54,886 SF
Sold 12/26/2023
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$90
Total Square Footage:54,886 SF
Transaction Type:Sale

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
6 deals$75.2M volume
BROKER

Details

SOLD
IMAGE: Xavier Nolasco DATE: 12/26/2023 ADDRESS: 800-808 East Washington Avenue MARKET: Santa Ana ASSET TYPE: Industrial BUYER: JA Roberto Investments - Jesus Roberto SELLER: Q Creative, LLC SELLER'S REP: Xavier Nolasco - JLL (@JLL) BUYER'S REP: Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $4,950,000 SF: 27,443 ~ PPSF: $180 NOTE: JA Roberto Investments has purchased two industrial buildings totaling 27,443 square feet in Santa Ana, California, at 800-808 East Washington Avenue for $4.95 million. The acquisition, facilitated by JLL and Marcus & Millichap, meets the demand for industrial spaces with fenced yards in Orange County, offering immediate freeway access and versatile usage options under M-2 Heavy Industrial zoning.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$264,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,586.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,465.53
Annual Debt Service$281,586.30