Orange, CA 92867 720 E Katella Avenue
$1,280,000
Pending
0 more
Presented By: Sylvan Swartz with Swartz Investments, Inc.; 714-602-9225
- MLS# PW15250580
- 11/20/2015
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
SQFT • 19,320
Home Details
This property consists of 2 x 1 story retail buildings consisting of a total of 19,380 s.f. of improvements on 2 separate parcels, each parcel being on a ground lease. The property is multi tenant and is 100% occupied with an excellent mix of tenants which include 2 restaurants, liquor store, beauty salon, coin operated laundry, Xtreme Beast fitness center, barber and clothier.
It features excellent street visibility, lots of parking and near lots of other shopping, restaurants and freeways.
Presented By: Sylvan Swartz with Swartz Investments, Inc.; 714-602-9225
Interior Features for 720 E Katella Avenue
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 720 E Katella Avenue
Additional Parcels Y/NNo
Attached Garage No
Business TypeRetail
Cap Rate14.0
Carport Y/NNo
CityOrange
Construction MaterialsFrame
ContingencyThis property is in a 15 day contingency period.
CoolingCentralAir
CountyOrange
ElectricStandard
ExclusionsThe land
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet85000.0
Lot Size UnitsSquareFeet
MLS Area72 - Orange & Garden Grove, E of Harbor, N of 22 F
MobileHomeRemainsYNNo
Net Operating Income164228.0
New ConstructionNo
Number of Units Leased10
Occupancy TypeTenant
Operating Expense188297.0
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofAsphalt, Clay
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Year Built1965
Year Built SourceAssessor
Exterior for 720 E Katella Avenue
Building Area Total19320.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsImprovements
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres1.951
Lot Size Area85000.0
Lot Size SourceEstimated
Number of Buildings2
Private PoolNo
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate