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
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