$475,000
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1122 Lincoln Avenue Unit 213 Orange, CA 92865
Office
Residence
Beds
Baths
...
Bed/Bath
1,161
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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, righ...t 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.
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MLS#
HD24083205
Property Type
Office
Year Built
1984
Square Feet
1,161
sq. ft
Lot Size
1.31
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