This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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

Property Facts

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
Price $2,041,650
Price Per SF $698.00
Condo Use Office/Medical
Sale Type Investment or Owner User
Sale Notes

call to show

Unit L2B

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
Price $1,171,942
Price Per SF $698.00
Condo Use Office/Medical
Sale Type Owner User

Unit 16B

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
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
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).)
  • Listing ID: 23732098

  • Date on Market: 7/20/2021

  • Last Updated:

  • Address: 24953 Paseo De Valencia, Laguna Hills, CA 92653

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}