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201-261 S Lakeview Ave
Placentia, CA 92870

$5,750,000 USD

Medical For Sale  •  23,500 SF

Property Details

  • Property Type Medical
  • Total Building Size 23,500 SF
  • Lot Size 1.22 AC
  • Building Class C
  • Year Built 1979
  • Tenancy Multiple
  • Zoning C-1, Placentia
26 Transit Score
63 Walk Score

Highlights

Premier Location: Situated in the vibrant City of Placentia, Orange County, with easy access to major highways, including the 91, 55, and 57 Freeways.
Attractive Pricing: Offered at just $244 per square foot, making this property the lowest-priced asset within a five mile radius.
Significant Rental Upside: Current below-market rents average only $0.78 per square foot, providing a potential 237% upside with some improvements.
Flexible Leasing Structure: All tenants are on MTM leases, allowing for immediate rent increases and the option for an owner-user to occupy
Favorable Financing Options: SBA financing available with a 10% down payment, resulting in a mortgage payment equivalent to approximately $1.37 per SF

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage
  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Anaheim Canyon (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 2.7 mi
Orange (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 7.8 mi
AirportDriveWalkDistance
John Wayne 17 min - 15.0 mi
Long Beach-Daugherty Field 31 min - 28.7 mi
Ontario International 36 min - 32.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes
Alex Mobin 949-419-3276 Marcus & Millichap
Alex Mobin 949-419-3276 Marcus & Millichap