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Corinne Allemand
Mobile Phone:
310-927-3684
allemand.co@gmail.com
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Corinne Allemand
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Mobile Phone:
310-927-3684
allemand.co@
gmail.com
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Tustin CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Tustin, CA is $1,150,000. This is higher than the county median home value of $900,000. The national median home value is $308,980. The average price of homes sold in Tustin, CA is $1,150,000. Approximately 49% of Tustin homes are owned, compared to 46% rented, while 5% are vacant. Tustin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Tustin real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
24,287
Status:
Active
MLS#:
24376525
Type:
Other
Lot size:
1 Acres
Year built:
1973
Courtesy: Geoffrey Dewolf - Economos Dewolf, Inc. Geoffrey Dewolf
View additional info

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.

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The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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