$495,000
Active
14 Days Online
0 Beds0 Baths1,003 SQFT
Active

1122 E Lincoln Avenue #213Orange, CA 92865

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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, 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, 003 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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyOrange
  • Taxes$3,577
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusActive
  • MLS ID NumberHD24083205
  • Home Size Source N/A
  • Year Built1984
  • Lot Size1.31 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Building Features Elevators
  • Number of Stories 3
  • Acreage 1.31
  • Water Public
  • Security Fire Sprinkler System
  • Property Sub Type Office
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Laundry Features None

Exterior Features

  • Roof Flat
  • Fencing None
  • Lot Level

Community Features

  • MLS Area 72 - Orange & Garden Grove, E of Harbor, N of 22 F
  • Security Features Fire Sprinkler System
  • Building Features Elevators

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Monthly Payment (Est.)

$2,659
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