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$3,495,000
Est. payment /mo
9,856 SqFt
UPDATED:
08/28/2024 03:29 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
Square Footage 9,856 sqft
Price per Sqft $354
MLS Listing ID CRPW24160275
HOA Y/N No
Year Built 1976
Lot Size 0.580 Acres
Acres 0.58
Property Description
HUGE LOT, BIG MEDICAL / OFFICE BUILDING! Good use as rental investment or owner occupied building. Great opportunity for development, conversion, renovation to maximize property’s full potential! This huge two-story building sits on a 25,250 sqft lot with 39+ parking spaces. Located in a prime area of Garden Grove with high visibility and minutes away from the 22 freeway, shopping centers, Anaheim Convention Center, Disneyland, Angel Stadium, and much more. It currently features 9 separate professional office units (some units are being used as executive suites for additional income/renters), 8 total bathrooms (4 private restrooms and 4 common public restrooms) and 2 kitchen areas. A new roof was recently installed. Some units have a reception area, kitchen, bathrooms, and spacious private suites or conference rooms. Great value in land with huge upside income potential. Most tenants are month to month under and paying below market rent. Can continue to rent to tenants, or rent some spaces to tenant and use the rest of the spaces or use the whole building as owner occupied. Existing tenants include church, acupuncture, lawyers, barber, accountant, office professionals. Property sold as is. GREAT BUILDING AT GREAT PRICE. MUST SEE!
Location
State CA
County Orange
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 08922259
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Listed by Jenny Phung • Coastal Group
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