1122 E Lincoln Avenue 213 Orange, CA $ 495,000
1122 E Lincoln Avenue 213
$ 495,000
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1122 E Lincoln Avenue 213

Orange, CA, 92865
$ 495,000
Baths0.0 Sq 1,003

Monthly Estimate*

$ 3,290

Listed by Rigel Capital
1122 E Lincoln Avenue 213, Orange, CA 92865 - Image 1
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1122 E Lincoln Avenue 213, Orange, CA 92865 - Image 18
Studio

Commercial Property for sale in Orange, CA

for $495,000. This 1,003 square foot building was built in 1984 on a lot size of 1.31.

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.

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Commercial Active

Price

$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,577

Style

Office

Lot Size

1.31

Year Built

1984

Town/City

Orange

County/Region

Orange

MLS | Web ID

HD24083205

Days on Market

36

Features
General
Heating Central
Cooling CentralAir
Roof Flat
Security Features FireSprinklerSystem
Year Built 1984
Unit Number 213
Property SubType Office
Tax Year 2023
County Orange
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features Elevators
Special Listing Conditions Standard
Status Active
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;
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 Acres
Lot Size Square Feet 57063.6
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Lincoln
Listing Terms Cash Conventional Submit
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3577.0
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 5
Building Area Units SquareFeet
Builder Name Lincoln Professional Center
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Office
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Exterior
Fencing None
Lot Features Level
Water Source Public
Lot Size Area 1.31
Spa N
Building Area Total 1003.0
Lot Size Acres 1.31
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1122
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* Excluded Features
List By
Rigel Capital

Broker

(760) 813-3777

Phone

Affordability Calculator

$3,588
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,290
Monthly Property Taxes
$298
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/27/2024$495,000 Listed Price

Map


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1122 E Lincoln Avenue 213, Orange, CA, 92865 is a Commercial Property for sale at $495,000 with 1,003 sqft and a lot size of 1.31. 1122 E Lincoln Avenue 213 is a studio with 0.0 baths and was built in 1984. The property's zip code is 92865 which is in Orange, CA