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2701 North Grand Avenue

Orange County Properties Acquires Retail Asset In Santa Ana For $3.85M With Phil Zaikovatyy As Buyer's Rep
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Orange County Properties Acquires Retail Asset In Santa Ana For $3.85M With Phil Zaikovatyy As Buyer's Rep

2701 North Grand Avenue

$3,850,080

$2,388/SF

Building Size

1,612 SF

Asset Type

Retail

Closing

Mar 6, 2026

AI

The property asset involved in the transaction is a retail space located at 2701 North Grand Avenue in Santa Ana. The asking price was set at $4,530,000, whereas the final sale price reached $3,850,080. The property encompasses a total area of 1,612 square feet, resulting in a price per square foot of approximately $2,388.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,850,080
  • Buyer: Orange County Properties
  • Seller: David Sohn - Santa Ana Property
  • Buyer's Representative: Phil Zaikovatyy - Altera Realty
  • Date of Transaction: 03/06/2026
  • Market: Santa Ana

This transaction was facilitated by Phil Zaikovatyy, who represented the buyer, Orange County Properties, in the deal. David Sohn, associated with Santa Ana Property, acted as the seller of the retail asset. The details highlight the parties involved and their respective roles in the closed transaction.

Players

Phil Zaikovatyy

Broker

$10M

vol

3 deals

Broker

Santa Ana Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.12%

Cash-on-Cash

-1.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93