$3,450,000
128 E Katella Ave, Orange, CA 92867
0 Beds
0 Baths
13,385 SqFt

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Owner/user (opportunity to occupy 57% or more of the building) or investor opportunity strategically located in the City of Orange. The City of Orange is an affluent Orange County Submarket that has ideal proximity to both residential and commercial density which ensures the property is busy during all times of the day, every day of the week. This opportunity will yield an owner user the ability to occupy approximately 7,605 SF of 2nd floor office space (elevator served) or an investor to lease out the 2nd floor at a market rate to increase cashflow. The NeighborWorks of Orange County Multi Tenant Office Building offers multiple suites, multi story configurations and ample parking for all. The 128 E Katella building is ideally located near the intersection of Katella Ave (30,000 vehicles per day) and Glassell St (21,000 vehicles per day) for a total of over 51,000 vehicles passing the intersection daily. Traditional, linear configuration are conducive to high occupancy, optimal rents and low tenant improvement costs over the term of ownership keeping capital expenditures to a minimum. The 128 E Katella building will be marketed free and clear of any existing financing, creating an opportunity to place creative financing tailored to an investor's or owner users desired hold period and risk profile to further enhance returns.
  • Price:
  • $3,450,000
  • Square Footage:
  • 13,385
  • Acreage:
  • 0.66
  • Year Built:
  • 1965
  • Listing ID #:
  • PW22085358
  • Street Address:
  • 128 E Katella Ave
  • City:
  • Orange
  • State:
  • California
  • Postal Code:
  • 92867
  • County:
  • Orange
  • Community:
  • Orange & Garden Grove/ E Of Harbor/ N Of 22 F
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Number Of Units:
  • 21
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 13385
  • Year Built:
  • 1965
  • Business Type:
  • Accounting, Administrative And Support, Advertising, Commercial, Dental, Multi-Tenant
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Commercial Professional
  • Lot Features:
  • Flat
  • Lot Size:
  • 28750
  • Lot Square Footage:
  • 28750
  • Topography:
  • Level
  • Days On Market:
  • 64
  • On Market Date:
  • 2022-04-26
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, Cash To New Loan, 1031 Exchange
  • Cooling System:
  • Central Air
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Central
  • Utilities:
  • Water Not Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Cameron Irons with SVN / Vanguard
  • CACRMLS

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