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355 Placentia Ave
Newport Beach, CA 92663 West Newport Beach

$1,015,000 - $2,300,000 USD

Medical Condos For Sale  •  1,200+ SF

Property Details

  • Property Type Medical
  • Total Building Size 49,373 SF
  • Lot Size 1.81 AC
  • Building Class B
  • Year Built 1975
  • Tenancy Multiple
  • Zoning CM
39 Transit Score
88 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 104 Medical 2,070 SF $2,300,000 USD
  • Unit Size: 2,070 SF
  • Condo Use: Medical
  • Price: $2,300,000 USD
  • Sale Type: Owner User
  • Price/SF: $1,111.11 USD
Description
Highly sought after 1st floor location with direct access to parking.  Rarely come on the market. Current use is plastic surgeon's office.  Please do not disturb the tenant.  All tours to be scheduled through broker.

Sale Notes
Owner can occupy at close of escrow.

2nd Floor - Unit 208 Medical Office 1,200 SF $1,015,000 USD
  • Unit Size: 1,200 SF
  • Condo Use: Medical Office
  • Price: $1,015,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $845.83 USD
Description
This medical condo consist of 3 exam rooms, MD office, 2 in suite restrooms, common area restroom, exam/breakroom, reception / front office, lobby, storage.  Modern finishes,

Sale Notes
Available for owner - user.

Description

Property recently went through complete exterior remodel including new roofs, exterior siding and paint.  Two elevators currently being renovated.  Parking is free and in common.  Parking on both sides of the building.  Multi-specialty roster of tenants.  Quest and Lab Corp on site.  Shown by appointment only.  Contact the broker, Dan Freeman 714-747-0573 cell

Highlights

HOAG Hospital adjacent, recently renovated, highly desirable location with limited medical inventory.

Property Flyers

Financial Summary

Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Ayurveda Rejuvination Ctr
Cristina Rizza, MD FACC Cardiology
John G. Miller, M.D.
John Morey, M.D.
Katayoun Sahafi, D.D.S.
Katharine C. Nitta, M.D.
LabCorp
Nadia Abazarnia DDs
Newport Concierge Medical Care
Quest Diagnostics

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
John Wayne/Orange County 10 min - 5.7 mi
Long Beach (Daugherty Field) 32 min - 23.4 mi
Los Angeles International 56 min - 42.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 120
Type: Surface
Included in Rent: Yes
Daniel Freeman 714-747-0573 Dan Freeman
Daniel Freeman 714-747-0573 Dan Freeman