Skip To Content
    Return to Previous Page

    1914 W Orangewood Avenue , B

    Orange, CA 92868
    • $6,990,000
    • STATUS: Active
    • ON SITE: 65 days
    • ID#: PW20201932
    UPDATED: 59 min ago
    $6,990,000
    • 0
      BEDS
    • 2.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 36,854
      SQFT
    • $190
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1979
    County:

    School Ratings & Info

    Description

    Excellent opportunity to acquire La Linda Plaza. The Property is a four (4) building project, each of two stories, totaling an approximate 36,854 square feet. La Linda Plaza is a secure investment or redevelopment opportunity, with plenty of upside. The entire project may be redeveloped to a senior living project, including assisted living, memory care, and acute care.The offering is located in the heart of Orange County, amidst The Platinum Triangle a melting pot of the approved development of high density, mixed use, residential development projects, restaurants, and established high rise lofts La Linda Plaza sits locally to two championship sport stadiums, and a transportation center. With immediate and convenient access to Southern California from the surrounded interstate of the 55, 91, 57, 22, and 5 freeways.Developed in 1980 La Linda Plaza is a multi-tenant office and flex office/warehouse opportunity. With a tenant mix of professional users, the project has historically carried long term tenants at below market rates.La Linda Plaza can accommodate small private office users in need of executive suites, larger office space with open concepts, or office layouts ranging from 600 SF - 6,000 SF. Majority of the suites have private balconies and large window lines with views to the center garden style courtyard.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-01T18:30:29.727. 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 deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/110429697
    Print Image

    1914 W Orangewood Avenue , B Orange, CA 92868

    • Price: $6,990,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: PW20201932
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.4
    Acres
    36,854
    SQFT
    $190
    $/SQFT
    1979
    Built
    Neighborhood:
    RVB - Riverbend
    County:
    Orange
    Area:
    RVB - Riverbend
    Property Description
    Excellent opportunity to acquire La Linda Plaza. The Property is a four (4) building project, each of two stories, totaling an approximate 36,854 square feet. La Linda Plaza is a secure investment or redevelopment opportunity, with plenty of upside. The entire project may be redeveloped to a senior living project, including assisted living, memory care, and acute care.The offering is located in the heart of Orange County, amidst The Platinum Triangle a melting pot of the approved development of high density, mixed use, residential development projects, restaurants, and established high rise lofts La Linda Plaza sits locally to two championship sport stadiums, and a transportation center. With immediate and convenient access to Southern California from the surrounded interstate of the 55, 91, 57, 22, and 5 freeways.Developed in 1980 La Linda Plaza is a multi-tenant office and flex office/warehouse opportunity. With a tenant mix of professional users, the project has historically carried long term tenants at below market rates.La Linda Plaza can accommodate small private office users in need of executive suites, larger office space with open concepts, or office layouts ranging from 600 SF - 6,000 SF. Majority of the suites have private balconies and large window lines with views to the center garden style courtyard.
    Exterior Features

    Construction Materials Stucco Lot Features Corner LotLot Over 40000 SqftRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class Office Building Area Units Square Feet Building Expenses 21272.00 Building Status Existing Cap Rate 7.03 Country Us Current Use Comments Professional Office Effective Gross 708152 Electric Electricity - On Property Electric Expense 81578.00 Expense Year 2020 Gross Scheduled Income 786835.00 Insurance Expense 10124.00 Investment Property YN Yes Land Use Office Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 491083.00 Occupancy Occupied Professional Management Expense 28326.00 Property Sub Type Office Real Estate Tax Expense 73714.00 Special Listing Conditions Standard Tax Rate 1.05 Total Expenses 217069.00 Trash Expense 2055.00 Utilities Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater Available Vacancy Allowance Rate 10.00 Water Source Public Year Built Source Public Records Zoning O-P

    Listing provided courtesy of Gary Martinez of Ashwill Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-01T18:30:29.727. 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 deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364776839-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364776839-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364776839-1.jpg
    Logo
    A|G Amaya Group Real Estate
    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555