17332 Irvine Boulevard Tustin, CA ^$ 5,995,000

17332 Irvine Boulevard

^$ 5,995,000

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17332 Irvine Boulevard

Tustin, CA, 92780

^$ 5,995,000

Studio Baths0.0

Monthly Estimate*

^$ 39,845

17332 Irvine Boulevard, Tustin, CA 92780 - Image 1

17332 Irvine Boulevard, Tustin, CA 92780 - Image 2

17332 Irvine Boulevard, Tustin, CA 92780 - Image 3

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17332 Irvine Boulevard, Tustin, CA 92780 - Image 7

17332 Irvine Boulevard, Tustin, CA 92780 - Image 8

Studio

Commercial Property for sale in Tustin, CA

for $5,995,000. This building was built in 1973.

17332 Irvine Blvd, Tustin, CA 92780. Two-story 24,287-square-foot, elevator-served office building built in 1973 on an approximate 1.0-acre parcel with no association. The building is 95% occupied with two small vacant suites totaling 1,236 square feet. Premier office building with welcoming two-story lobby just east of the 55 Freeway on the corner of Irvine Blvd and Yorba St. Current occupancy is 95% which is typical as this building has historically enjoyed very high occupancy. With small suites and staggered lease terms, this asset should continue to provide reliable, solid income. Current rents are well below market. Market rents will generate a proforma cap rate over 8.0% (see Page 18). This should be very achievable given the high current occupancy and small tenant sizes.

Commercial Active

Price

^$ 5,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1973

Town/City

Tustin

County/Region

Orange

MLS | Web ID

0024376525

Features

General

Year Built 1973

County Orange

Property Type F

Status Active

City Tustin

MLS Area 71 - Tustin

Lot Size Square Feet 0.0

Street Name Irvine

Standard Status Active

Exterior

Lot Size Area 43560.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 2

Street Suffix Boulevard

Total Baths 0

* Excluded Features

List By

Geoffrey Dewolf

Listing Agent

Economos Dewolf, Inc.

Broker

Affordability Calculator

$39,845

Per Month

Monthly Principal & Interest: $39,845
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Tustin, CA

Average List Price ^$1,858,399

Percent of Sale Price 69%

About Tustin, CA

84,576 Population

24% Since 2002

^$77,533 Median Income

36.38 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$5,995,000		Listed Price

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17332 Irvine Boulevard, Tustin, CA, 92780 is a Commercial Property for sale at $5,995,000. 17332 Irvine Boulevard is a studio with 0.0 baths and was built in 1973. The property's zip code is 92780 which is in Tustin, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/4/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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17332 Irvine Boulevard

Commercial Property for sale in Tustin, CA

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