$475,000
1,161
square ft

1122 E Lincoln Avenue #213
Orange, California 92865

Closed / MLS #HD24083205 / Institutional or Developmental / Orange
Listing information updated 12/5/2024 at 6:52am
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 1,161 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.

Listing Office: Rigel Capital

Disclaimer: Information being 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. Information deemed reliable but not guaranteed. 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.

Map of 1122 E Lincoln Avenue #213, Orange, CA 92865

1122 E Lincoln Avenue #213, Orange, CA 92865 is a institutional or developmental which sold for $475,000. This institutional or developmental has been listed on Christie's International Real Estate Sereno since April 26th, 2024 and was built in 1984.

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