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Park Realty Group, Inc.

Tustin CA Real Estate & Commercial for Sale

2 Properties Found

The median home value in Tustin, CA is $1,230,000. This is higher than the county median home value of $900,000. The national median home value is $308,980. The average price of homes sold in Tustin, CA is $1,230,000. Approximately 49% of Tustin homes are owned, compared to 46% rented, while 5% are vacant. Tustin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Tustin real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
24,287
Status:
Active
MLS#:
24376525
Type:
Business Opportunities
Lot size:
1 Acres
Year built:
1973
Listing Agent: Geoffrey Dewolf - Economos Dewolf, Inc.
View additional info

17332 Irvine Blvd, Tustin, CA 92780. Two-story 24,287-square-foot, elevator-served office building built in 1973 on an approximate 1.0-acre parcel with no association. The building is 95% occupied with two small vacant suites totaling 1,236 square feet. Premier office building with welcoming two-story lobby just east of the 55 Freeway on the corner of Irvine Blvd and Yorba St. Current occupancy is 95% which is typical as this building has historically enjoyed very high occupancy. With small suites and staggered lease terms, this asset should continue to provide reliable, solid income. Current rents are well below market. Market rents will generate a proforma cap rate over 8.0% (see Page 18). This should be very achievable given the high current occupancy and small tenant sizes.

Beds:
n/a
Baths:
Sq.Ft.:
860
Status:
Active
MLS#:
PW24035944
Type:
Office, Business Opportunities
Lot size:
0.02 Acres
Year built:
1980
Listing Agent: Greg Chen CalDRE: 02121582 - Claus Realty Advisors, gregchen1202@gmail.com
View additional info

Wellington Pines offers a picturesque setting for a professional office condominium. Conveniently located near major freeways (5, 55, and 22), this central Tustin address is strategically positioned in the bustling business hub. Spanning approximately 900 square feet, this office boasts a coveted ground-floor placement and features three private offices, ideal for individual workspaces or collaborative sessions. Additionally, it includes a welcoming lobby/waiting room area, perfect for receiving clients or guests. The office also boasts an exclusive en-suite bathroom for added convenience. Furthermore, the complex provides access to separate public restrooms and ample parking facilities, ensuring both clients and employees enjoy a comfortable and accessible workspace. (More pictures coming soon)

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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.

Based on information from CRISNet MLS as of 11/5/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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