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24953 Paseo De Valencia - Bldg B
1,031 - 2,930 SF Office/Medical Condo Units Offered at $719,638 - $2,045,140 Per Unit in Laguna Hills, CA 92653
Investment Highlights
- Price includes tenant improvement design-build for owner/users or 5% cap rate for investors.
Executive Summary
Conveniently located near the Saddleback Memorial Medical Center, Laguna Hills Medical Arts Building B has been home to many well-established medical practices in the area. Laguna Hills Medical Arts Building B will be renovated to feature and emphasize a Mediterranean design which is prevalent in local architecture. The building will highlight new color schemes, upgraded railings, and stylistic awnings. The courtyard will be upgraded to include a relaxing outdoor seating area. Other common areas will also realize a touch up or two to bring the building to a harmonious design of calm and serenity. The building will enjoy a modernizing upgrade, but will continue to be the healing environment clients and tenants have enjoyed in the past. The location is conveniently centered to many nearby amenities including: Village at Laguna Hills (coming soon), Laguna Hills Civic Center, Saddleback Memorial Medical Center, and a plethora of dining and retail options. Access to the I-5 is only about a mile away and Irvine Spectrum is less than a 10 minute drive.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $719,638 - $2,045,140 | Building Class | C |
Unit Size | 1,031 - 2,930 SF | Floors | 3 |
No. Units | 6 | Typical Floor Size | 9,936 SF |
Total Building Size | 29,809 SF | Year Built | 1978 |
Property Type | Office | Lot Size | 1.15 AC |
Property Subtype | Medical | Parking Ratio | 3.19/1,000 SF |
Price | $719,638 - $2,045,140 |
Unit Size | 1,031 - 2,930 SF |
No. Units | 6 |
Total Building Size | 29,809 SF |
Property Type | Office |
Property Subtype | Medical |
Building Class | C |
Floors | 3 |
Typical Floor Size | 9,936 SF |
Year Built | 1978 |
Lot Size | 1.15 AC |
Parking Ratio | 3.19/1,000 SF |
6 Units Available
Unit L1B
Unit Size | 2,925 SF | Condo Use | Office/Medical |
Price | $2,041,650 | Sale Type | Investment or Owner User |
Price Per SF | $698.00 |
Unit Size | 2,925 SF |
Price | $2,041,650 |
Price Per SF | $698.00 |
Condo Use | Office/Medical |
Sale Type | Investment or Owner User |
Sale Notes
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Unit L2B
Unit Size | 2,930 SF | Condo Use | Office/Medical |
Price | $2,045,140 | Sale Type | Investment or Owner User |
Price Per SF | $698.00 |
Unit Size | 2,930 SF |
Price | $2,045,140 |
Price Per SF | $698.00 |
Condo Use | Office/Medical |
Sale Type | Investment or Owner User |
Unit 14B
Unit Size | 1,679 SF | Condo Use | Office/Medical |
Price | $1,171,942 | Sale Type | Owner User |
Price Per SF | $698.00 |
Unit Size | 1,679 SF |
Price | $1,171,942 |
Price Per SF | $698.00 |
Condo Use | Office/Medical |
Sale Type | Owner User |
Unit 16B
Unit Size | 1,433 SF | Condo Use | Office/Medical |
Price | $1,000,234 | Sale Type | Owner User |
Price Per SF | $698.00 |
Unit Size | 1,433 SF |
Price | $1,000,234 |
Price Per SF | $698.00 |
Condo Use | Office/Medical |
Sale Type | Owner User |
Unit 23B
Unit Size | 1,031 SF | Condo Use | Office/Medical |
Price | $719,638 | Sale Type | Investment or Owner User |
Price Per SF | $698.00 |
Unit Size | 1,031 SF |
Price | $719,638 |
Price Per SF | $698.00 |
Condo Use | Office/Medical |
Sale Type | Investment or Owner User |
Unit 26B
Unit Size | 1,368 SF | Sale Type | Investment or Owner User |
Price | $954,864 | Cap Rate | 5.00% |
Price Per SF | $698.00 | NOI | $47,743.20 |
Condo Use | Office/Medical |
Unit Size | 1,368 SF |
Price | $954,864 |
Price Per SF | $698.00 |
Condo Use | Office/Medical |
Sale Type | Investment or Owner User |
Cap Rate | 5.00% |
NOI | $47,743.20 |
Amenities
- Courtyard
- Central Heating
- Outdoor Seating
- Air Conditioning
- Balcony
zoning
Zoning Code | OP (Office Professional) (The zone allows for office uses and medical office uses with site development permits (Buyer verifies).) |
OP (Office Professional) (The zone allows for office uses and medical office uses with site development permits (Buyer verifies).) |
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24953 Paseo De Valencia - Bldg B
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