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Pina & Co Real Estate
Direct Office:
949 698 2003
[email protected]

DRE# 01218728
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1122 E Lincoln Avenue #213,  Orange CA, 92865

(Active)
$495,000
|
1,003 sqft
|
MLS# HD24083205
Last Updated: 5/16/2024 2:37 PM
Description for 1122 E Lincoln Avenue #213 Orange, CA 92865
FOR SALE. An excellent investment, income-producing opportunity with great return. Rare opportunity to purchase a professional office condo, occupied, within the 40+ commercial condominium building known as the Lincoln Professional Center in Orange, CA. The building is beautifully maintained, right off the I-91 & I-55 freeway interchange with several levels, elevators and garden-style construction and architecture. The Class B building was built in 1984 with ample parking, over 40 condos of mixed uses comprising of medical and professional services, all professionally managed. Nearby retail, residential and other professional services. Condo #213 is 1,003 square feet, located on the second floor on the outside level with 2 private offices and 3 separate rooms with common doors in between. The Condo has updated flooring, paint and great natural lighting. The Condo is conveniently located right next to the common restrooms, staircase to the bottom floor, and the parking lot. The tenant is long-term with initial lease expiring in 2032 with an option to extend thereafter. Annual increases allow for 3% increases to rent with all utilities paid by tenant. Call Agent for additional information.
Price
$495,000
Orange
1,003 (approx)
HD24083205
Active
Description
FOR SALE. An excellent investment, income-producing opportunity with great return. Rare opportunity to purchase a professional office condo, occupied, within the 40+ commercial condominium building known as the Lincoln Professional Center in Orange, CA. The building is beautifully maintained, right off the I-91 & I-55 freeway interchange with several levels, elevators and garden-style construction and architecture. The Class B building was built in 1984 with ample parking, over 40 condos of mixed uses comprising of medical and professional services, all professionally managed. Nearby retail, residential and other professional services. Condo #213 is 1,003 square feet, located on the second floor on the outside level with 2 private offices and 3 separate rooms with common doors in between. The Condo has updated flooring, paint and great natural lighting. The Condo is conveniently located right next to the common restrooms, staircase to the bottom floor, and the parking lot. The tenant is long-term with initial lease expiring in 2032 with an option to extend thereafter. Annual increases allow for 3% increases to rent with all utilities paid by tenant. Call Agent for additional information.
Listing Information
Property Type: Office, Business Opportunities, 3+ Story
1.31 Acres Assessor 1,003 (approx)
1984 3
Lincoln Professional Center
Public
Neighborhood
Room Information
None
Interior Features
Central Air
Other, Central
Fire Sprinkler System
Exterior / Lot Features
0 Covered Parking Spaces,
Flat
None
Level
Community Features
Fire Sprinkler System
Driving Directions
From the I-91, merge to I-55 south and exit E Lincoln Ave and turn right; property will be on the left hand side;
Financial Considerations
93828090
$3,577
Cash,Conventional,Submit
Listing Price History

Orange Real Estate

Orange is located in California. Orange, California 92865 has a population of 140,624.

The median household income in Orange, California 92865 is $110,596. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Orange 92865 is 39 years.

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Listing Agent: Tony Scafidi CalDRE: 01887228 - Rigel Capital, 760-912-7143
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/16/2024 2:37 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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