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24953 Paseo De Valencia
Laguna Hills, CA 92653

$719,638 - $2,045,140 USD

Medical Condos For Sale  •  1,031+ SF

Property Details

  • Property Type Medical
  • Total Building Size 29,809 SF
  • Lot Size 1.15 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 5.00 %
  • Tenancy Multiple
  • Zoning OP (Office Professional)
37 Transit Score
47 Walk Score

6 Units Available

Name Condo Use Size Price Details
Bsmt Floor - Unit L1B Medical Office 2,925 SF $2,041,650 USD
  • Unit Size: 2,925 SF
  • Condo Use: Medical Office
  • Price: $2,041,650 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $698.00 USD
Sale Notes
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Bsmt Floor - Unit L2B Medical Office 2,930 SF $2,045,140 USD
  • Unit Size: 2,930 SF
  • Condo Use: Medical Office
  • Price: $2,045,140 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $698.00 USD
1st Floor - Unit 14B Medical Office 1,679 SF $1,171,942 USD
  • Unit Size: 1,679 SF
  • Condo Use: Medical Office
  • Price: $1,171,942 USD
  • Sale Type: Owner User
  • Price/SF: $698.00 USD
1st Floor - Unit 16B Medical Office 1,433 SF $1,000,234 USD
  • Unit Size: 1,433 SF
  • Condo Use: Medical Office
  • Price: $1,000,234 USD
  • Sale Type: Owner User
  • Price/SF: $698.00 USD
2nd Floor - Unit 23B Medical Office 1,031 SF $719,638 USD
  • Unit Size: 1,031 SF
  • Condo Use: Medical Office
  • Price: $719,638 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $698.00 USD
2nd Floor - Unit 26B Medical Office 1,368 SF $954,864 USD
  • Unit Size: 1,368 SF
  • Condo Use: Medical Office
  • Price: $954,864 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $698.00 USD

Description 

Conveniently located near the Saddleback Memorial Medical Center, Laguna Hills Medical Arts Building B has been home to many well-established medical practices in the area.

Laguna Hills Medical Arts Building B will be renovated to feature and emphasize a Mediterranean design which is prevalent in local architecture.  The building will highlight new color schemes, upgraded railings, and stylistic awnings.  The courtyard will be upgraded to include a relaxing outdoor seating area.  Other common areas will also realize a touch up or two to bring the building to a harmonious design of calm and serenity.

The building will enjoy a modernizing upgrade, but will continue to be the healing environment clients and tenants have enjoyed in the past.  The location is conveniently centered to many nearby amenities including:  Village at Laguna Hills (coming soon), Laguna Hills Civic Center, Saddleback Memorial Medical Center, and a plethora of dining and retail options.  Access to the I-5 is only about a mile away and Irvine Spectrum is less than a 10 minute drive.

Highlights

Price includes tenant improvement design-build for owner/users or 5% cap rate for investors.

Financial Summary

Cap Rate: 5.00 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
-

Amenities

  • Courtyard
  • Central Heating
  • Outdoor Seating
  • Air Conditioning
  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Irvine (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 5.3 mi
Laguna Niguel/Mission Viejo (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 6.2 mi
AirportDriveWalkDistance
John Wayne/Orange County 19 min - 14.2 mi
Long Beach (Daugherty Field) 43 min - 34.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 82
Type: Surface
Included in Rent: Yes
Gordon Lau 626-388-7352 AL Capital
Gordon Lau 626-388-7352 AL Capital