$2,460,000
$2,650,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
0.58 Acres Lot
SOLD DATE : 02/28/2023
Key Details
Sold Price $2,460,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22251810
Sold Date 02/28/23
HOA Y/N No
Year Built 1976
Lot Size 0.580 Acres
Property Description
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 8 separate professional office units and 4 common public restrooms. A new roof was recently installed. Some units have a reception area, kitchen, bathroom, and spacious private suites or conference rooms. Great value in land with huge upside income potential. Tenants are month to month under NNN leases and paying below market rent.
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Interior
Heating Zoned
Cooling Zoned
Fireplace No
Laundry None
Exterior
Roof Type Flat
Building
Story 2
Water Public
Others
Tax ID 08922259
Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jenny Phung • Coastal Group