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408 S Beach Blvd - Anaheim Medical Plaza

4,644 SF Medical Condo Unit Offered at $1,950,000 in Anaheim, CA 92804

Investment Highlights

  • Heavy traffic on Beach Blvd
  • Fenced Property
  • Well managed by HOA

Executive Summary

PRICE REDUCED. FOR SALE: #106 Unit: 3,406 Sq ft (approximate) #209 Unit: 1,238 Sq ft (approximate) Well maintained medical condo units for sale. 2 units are fully leased out to National tenant. Lease is PURE NNN. Zero landlord responsibilities. Units are not available for OWNER-USER. In place cap rate is 6.3%. Excellent Cap Rate for Orange County. Seller motivated. Contact me for financials and lease terms. Elevator Served, Ample Parking, Excellent demographics. Traffic Count 67,584. Steve Rhee 714.788.7777

Property Facts

Price $1,950,000
Unit Size 4,644 SF
No. Units 1
Total Building Size 31,137 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment NNN
Building Class B
Floors 2
Typical Floor Size 15,569 SF
Year Built 1983
Lot Size 2.09 AC
Parking Ratio 5.3/1,000 SF

1 Unit Available

Unit 106 & 209

Unit Size 4,644 SF
Price $1,950,000
Price Per SF $419.90
Condo Use Medical
Sale Type Investment
Cap Rate 6.46%
NOI $126,000
APN/Parcel ID 930-981-34, 930-981-19
Description

#106 Unit: 3,406 Sq ft (approximate)
#209 Unit: 1,238 Sq ft (approximate)

Amenities

  • Bus Line
  • Fenced Lot
  • Signage

zoning

Zoning Code OL (Office / medical)
OL (Office / medical)
  • Listing ID: 30541301

  • Date on Market: 1/5/2024

  • Last Updated:

  • Address: 408 S Beach Blvd, Anaheim, CA 92804

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