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

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SOLD
$3,850,080

California

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Retail1,612 SF
Sold
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SOLD

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

2701 North Grand Avenue

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Retail1,612 SF
Sold
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$2388
Total Square Footage:1612 SF
Transaction Type:Sale

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

3 deals$10M volume
BROKER

Details

SOLD
IMAGE: Phil Zaikovatyy DATE: 03/06/2026 ADDRESS: 2701 North Grand Avenue MARKET: Santa Ana ASSET TYPE: Retail BUYER: Orange County Properties SELLER: David Sohn - Santa Ana Property BUYER'S REP: Phil Zaikovatyy (@PhilZRealty) - Altera Realty ASKING PRICE: $4,530,000 SALE PRICE: $3,850,080 SF: 1,612 ~ PPSF: $2,388

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

$205,337.59

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,678.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,251.34
Annual Debt Service$219,016.12