720 E Katella Avenue Orange, CA ^$ 1,280,000

720 E Katella Avenue

^$ 1,280,000

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720 E Katella Avenue

Orange, CA, 92867

^$ 1,280,000

Studio Baths0.0 Sq 19,320

Monthly Estimate*

^$ 7,666

Listed by Swartz Investments, Inc.

720 E Katella Avenue, Orange, CA 92867 - Image 1

720 E Katella Avenue, Orange, CA 92867 - Image 2

720 E Katella Avenue, Orange, CA 92867 - Image 3

720 E Katella Avenue, Orange, CA 92867 - Image 4

720 E Katella Avenue, Orange, CA 92867 - Image 5

Studio

Commercial Property for sale in Orange, CA

for $1,280,000. This 19,320 square foot building was built in 1965 on a lot size of 1.951.

This property consists of 2 x 1 story retail buildings consisting of a total of 19,380 s.f. of improvements on 2 separate parcels, each parcel being on a ground lease. The property is multi tenant and is 100% occupied with an excellent mix of tenants which include 2 restaurants, liquor store, beauty salon, coin operated laundry, Xtreme Beast fitness center, barber and clothier. It features excellent street visibility, lots of parking and near lots of other shopping, restaurants and freeways.

Commercial Pending

Price

^$ 1,280,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

1.951

Year Built

1965

Town/City

Orange

County/Region

Orange

MLS | Web ID

PW15250580

Days on Market

3,229

Features

General

Heating Central

Cooling CentralAir

Roof Asphalt Clay

Construction Materials Frame

Exclusions The land

Year Built 1965

Electric Standard

Property SubType Retail

Business Type Retail

County Orange

Net Operating Income 164228.0

Operating Expense 188297.0

New Construction N

Property Type CommercialSale

Home Owner Assoc N

Attached Garage N

Contingency This property is in a 15 day contingency period.

Garage Y/N N

Special Listing Conditions Standard

Status Pending

City Orange

View Y/N N

Senior Community Y/N N

MLS Area 72 - Orange & Garden Grove E of Harbor N of 22 F

Lot Size Units SquareFeet

Lot Size Square Feet 85000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 10

Terms Cash CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 23

Standard Status Pending

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Retail

Cap Rate 14.0

Exterior

Lot Features StreetLevel

Water Source Public

Inclusions Improvements

Lot Size Area 85000.0

Number of Buildings 2

Spa N

Building Area Total 19320.0

Lot Size Acres 1.951

Lot Size Source Estimated

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Electric On Property Y/N N

Internal Only

Street Number 1 720

* Excluded Features

List By

Swartz Investments, Inc.

Broker

(714) 835-2400

Phone

Affordability Calculator

$7,666

Per Month

Monthly Principal & Interest: $7,666
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Orange, CA

Average List Price ^$1,155,126

Percent of Sale Price 10%

About Orange, CA

138,709 Population

6% Since 2002

^$80,921 Median Income

37.02 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2023	$1,280,000		Listed Price

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720 E Katella Avenue, Orange, CA, 92867 is a Commercial Property for sale at $1,280,000 with 19,320 sqft and a lot size of 1.951. 720 E Katella Avenue is a studio with 0.0 baths and was built in 1965. The property's zip code is 92867 which is in Orange, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/21/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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720 E Katella Avenue

Commercial Property for sale in Orange, CA

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