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1122 Lincoln Avenue #213

Orange, CA 92865

$495,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $426 / sqft

1984

calendar_month Built

Property 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 ±1,161 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 1122 Lincoln Avenue #213
City Orange
State CA
Zip 92865
County Orange
Listing Agent Tony Scafidi DRE#01887228
Co-Listing Agent James Langley DRE#01438775
Courtesy Of Rigel Capital
MLS HD24083205
List Price $495,000
Status Active
Type Commercial
Subtype Office
Structure Size N/A
Lot Size N/A
Year Built 1984
DOM 56

Exterior Information

Maps

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shower N/A
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Listing information courtesy of: Tony Scafidi, James Langley, Rigel Capital . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 20th, 2024 at 5:31 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.