100 N Tustin Avenue Orange, CA 92807

$6,450,000
100 N Tustin Avenue, Orange, CA 92807
AR18114391

Commercial Property for sale in Orange, CA

for $6,450,000. This building was built in 1976 on a lot size of 56628.00 Sqft..

Property Information

  • $6,450,000
  • Commercial
  • Retail
  • Active
  • Lot size of 56628.00 Sqft.
  • Built in 1976
  • Orange, CA
  • Olive Neighborhood
  • Orange County
  • MLS/Web ID is AR18114391

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.

Interior 2

Building Amenities

  • Laundry

Water Source

  • Public Water

† Excluded Feature

Listed By

Broker: RE/MAX 1000 REALTY

100 N Tustin Avenue, Orange, CA, 92807 is a Commercial Property for sale at $6,450,000 with a lot size of 56628.00 Sqft.. 100 N Tustin Avenue has 0.0 baths and was built in 1976. The property's zip code is 92807 which is in Orange, CA

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Pricing History

Date Price Price Change Description
5/18/2018 $6,450,000 -5.43 % Price Change
5/15/2018 $6,820,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Orange $911,467 86 % below $735,000 89 % below
Commerical listings in Orange $2,449,700 62 % below $1,712,500 73 % below

Get the facts about Orange, CA!

Population 139,698
Population Growth (since 2000) 6 %
Median Income $79,776
Median Age 36.28
Households w/ Children 33 %

Residential Dwellings

  • Owned 26996
  • Vacant 1668
  • Rented 17464

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