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24953 Paseo De Valencia - Bldg B 1,031 - 1,679 SF Office/Medical Condo Units Offered at $932,597 - $1,518,750 CAD Per Unit in Laguna Hills, CA 92653

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EXECUTIVE SUMMARY

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.

DATA ROOM Click Here to Access

PROPERTY FACTS

Total Building Size 29,809 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 3
Typical Floor Size 9,936 SF
Year Built 1978
Lot Size 1.15 AC
Parking Ratio 3.19/1,000 SF
Zoning OP (Office Professional) - The zone allows for office uses and medical office uses with site development permits (Buyer verifies).

AMENITIES

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

4 UNITS AVAILABLE

Unit 14B

Unit Size 1,679 SF
Price $1,518,750 CAD
Price Per SF $904.56 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 16B

Unit Size 1,433 SF
Price $1,296,229 CAD
Price Per SF $904.56 CAD
Condo Use Office/Medical
Sale Type Investment or Owner User
Cap Rate 5.00%
NOI $64,811.45 CAD

Unit 23B

Unit Size 1,031 SF
Price $932,597 CAD
Price Per SF $904.56 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 26B

Unit Size 1,368 SF
Price $1,237,433 CAD
Price Per SF $904.56 CAD
Condo Use Office/Medical
Sale Type Investment or Owner User
Sale Status Under Contract
Cap Rate 5.00%
NOI $61,871.64 CAD
  • Listing ID: 23732098

  • Date on Market: 2021-07-20

  • Last Updated:

  • Address: 24953 Paseo De Valencia, Laguna Hills, CA 92653

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