An office building that KDOC-TV once called home will soon be converted into a charter school.
The five-floor and 62,000-square-foot office building at 1820 E. First St. in Santa Ana has changed hands for $11.3 million, the Business Journal confirmed.
El Segundo-based Red Hook Capital Partners LLC, a company founded by Craig Underwood and David Hyun and specializes in the development of charter schools, is the new owner of Midtown Plaza. Red Hook specifically buys, designs, builds and finances locations for charter schools.
“We are in the process of renovating the building. It will be leased to a charter school upon completion of the improvements,” Underwood told the Business Journal in an email.
A tenant for this facility has been secured, the company said, but its identity has not announced.
Red Hook Capital Partners bought the building from La Cañada Flintridge-based investor Zhizhao Sun, according to CoStar.
Red Hook paid $181.43 per square foot. Sun, according to CoStar, bought Midtown Plaza from Newport Beach-based PRES Cos. in 2021 for $13.2 million, or $212.16 per square feet.
The five-floor office building was built in 1981and renovated in 2019. JLL, the brokerage that marketed the building for sale, listed the property at $14 million.
KDOC-TV Exits Building
The building’s tenant included media company KDOC-TV at one point.
“The building was vacated when we closed,” Underwood said. “I gather KDOC had already relocated.”
The television station, according to a Federal Communications Commission filing, was sold in July 2022 to Radiant Life Ministries Inc., a Pennsylvania-based church and transformation center.
Radiant Life Ministries is also affiliated with the Tri-State Christian Television (TCT) Network, which broadcasts Christian-themed programming across the country. TCT was founded in 1977 by Garth Coonce and his wife, Christina.
KDOC-TV’s website is no longer active. The station’s page on X, the site formerly known as Twitter, no longer exists. The Facebook and Instagram pages for KDOC TV have been inactive since 2022.
TCT, however, lists Anaheim-based KDOC-TV within the coverage area.
Its FCC license is active until December 2030. The license also shows KDOC-TV operates as a digital station, with its virtual channel as 56 and radio frequency channel as 12.
KDOC-TV signed on in October 1982 and broadcast its programming in Southern California on terrestrial television. It was originally owned by Golden Orange Broadcasting and featured programming around personalities such as conservative commentator Wally George and televangelist Gene Scott.
Santa Ana Office Market
Midtown Plaza is the latest office building in Santa Ana to change hands.
The most notable sale within the past 12 months was the sale of Main Street Town Center at 2677 N. Main St. in Santa Ana. Orange County Transportation Authority bought the 10-floor and 220,452-square-foot office tower from Irvine’s The Muller Co. for $54.5 million in October 2024.
Scottsdale, Arizona-based Meritage Homes bought the five-floor and 162,043-square-foot office building at 2020 E. First St. in Santa Ana for $19.2 million in April.
Also selling recently was Main Street Plaza at 2670 N. Main Street. Mission-Viejo based Econiq Holdings LLC bought the three-floor, 42,266-square-foot office building for $8.7 million in July.
