1770 Orange Ave - Medical FOR SALE


Costa Mesa, CA 92627- Downtown Costa Mesa
$2,100,000 USD
949-929-5901
1770 Orange Ave, Costa Mesa, CA for Sale
$2,100,000 USD
Medical - FOR SALE
1/12
null | Request Cap Rate

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1770 Orange Ave
Costa Mesa, CA 92627
Downtown Costa Mesa


HIGHLIGHTS

  • Rare East Side Costa Mesa Vacant ±3,500 SF Medical Office Building
  • A+ Coastal Orange County Location near Costa Mesa and Newport Beach
  • Strategic Proximity to Hoag Hospital Newport Beach and the surrounding coastal Orange County healthcare network

OVERVIEW

The Parham Group at Marcus & Millichap is pleased to present the opportunity to acquire 1770 Orange Ave, a ±3,500 SF medical office building located in Costa Mesa. The property occupies a highly desirable coastal Orange County location near the southern terminus of the 55 freeway, providing convenient connectivity throughout Costa Mesa, Newport Beach and the surrounding Orange County communities. The building’s efficient, small format design provides a compelling opportunity for a medical practitioner, healthcare provider or professional owner user seeking control of its occupancy costs and a long term presence in an established coastal market. The property may also appeal to a private investor seeking a manageable medical office asset in a supply constrained infill location. Positioned in Eastside Costa Mesa’s 17th Street commercial corridor and Newport Beach, 1770 Orange Ave benefits from proximity to an affluent residential population, established retail and dining amenities, and a broad network of healthcare providers. Hoag Hospital Newport Beach, one of Orange County’s prominent healthcare institutions, is located nearby and supports the area’s established medical ecosystem. With its boutique building size, medical office identity and exceptional coastal location, 1770 Orange Ave represents a rare opportunity to acquire an owner-user or investment property within one of Southern California’s most desirable infill submarkets.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Health Club, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C2, Costa Mesa

APN/PARCEL ID

425-392-36

ASK ABOUT THIS PROPERTY

Parham KhoshbakhtianMarcus & MillichapMore Info
949-929-5901

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Parham KhoshbakhtianMarcus & MillichapMore Info
949-929-5901

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.