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Price Reduction
Address
100 N Tustin Avenue Orange, CA
Price
$ 6,450,000
Property Attributes
  • MLS#AR18114391
  • TypeCommercial
  • CountyORANGE
  • CityOrange
  • Zip92807
  • StyleRetail
  • Price$ 6,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18055
Listing Provided Courtesy Of:
Benjamin Lin with RE/MAX 1000 Realty.
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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/15/2018 Listed $6,820,000
5/17/2018 6% - $6,450,000

General Features

Building Name Canyon Terrance Retail Center
Directions CrossStreets: Tustin/First Street
Listing Agent Benjamin Lin - BRE#01383988
Listing Agent State License 01383988
MLS Area 699 - Not Defined
Price Per Square Foot 357.24
Property SubType Retail
Property Type Commercial Sale
Special Listing Conditions Standard

Interior Features

Condo Area Unit Type Square Feet
Laundry Features See Remarks
Total Stories 1

Exterior Features

Building Area Total 18055.00
Land Use Retail
Lot Size Source Assessor
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92807

Price
AVG $2.28M
$6.45M
Visits
AVG 148
165
Year Built
AVG 1988
1976
Walkscore
AVG 59
56

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