100 N Tustin Avenue

    Orange, CA 92807
    • $6,450,000
    • STATUS: Active
    • ON SITE: 152 days
    • ID#: AR19034658
    UPDATED: 23 min ago
    $6,450,000
    • 0
      BEDS
    • 1.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,055
      SQFT
    • $357
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1976
    County:

    School Ratings & Info

    Description

    Steady cap rate of 4.8%! Great net income in place for stable cashflow. Actual income of $409,680. This includes rent and CAM. Rent is below market. Big potential to increase. Low expense:$99,705 (Includes estimated new property tax!) Eight tenants insisting of a liquor store, medical related, and restaurants. Right off the 91 and 55 freeways. Major cross streets are Tustin Ave. & Santa Ana Canyon Road with traffic counts over 30,000 cars per day. Building is 18,055 sq. ft. Large 1.3 acre lot. Plenty of parking. Drive by only. Do not disturb tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-17T12:39:07.413. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/91828192

    100 N Tustin Avenue Orange, CA 92807

    • Price: $6,450,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: AR19034658
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.3
    Acres
    18,055
    SQFT
    $357
    $/SQFT
    1976
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    Steady cap rate of 4.8%! Great net income in place for stable cashflow. Actual income of $409,680. This includes rent and CAM. Rent is below market. Big potential to increase. Low expense:$99,705 (Includes estimated new property tax!) Eight tenants insisting of a liquor store, medical related, and restaurants. Right off the 91 and 55 freeways. Major cross streets are Tustin Ave. & Santa Ana Canyon Road with traffic counts over 30,000 cars per day. Building is 18,055 sq. ft. Large 1.3 acre lot. Plenty of parking. Drive by only. Do not disturb tenants.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Retail Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Benjamin Lin of Re/Max 1000 Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-17T12:39:07.413. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604