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Orange, CA 92867 565 N Tustin Street

$5,538,000

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Presented By: Tiffanie Wang with Keller Williams Premier Prop; 626-622-1188
  • MLS# TR24069560
  • 04/11/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 14,392

Home Details

Excellent Owner/User or Investor Opportunity. Freestanding building. The property is located in heavy traffic with excellent street-front exposure on the busiest street of Tustin Ave. The Free-standing building offers a 10,392 sq/ft on the first level and a 4,000 sq/ft mezzanine. Completely renovated the interior in 2020 with a commercial elevator, storefront facade, updated electrical, plumbing, and new roof. The building interior has a 21' - 9'ceiling, Private gated, and 19 parking spaces. The owner spends $800K to renovate the building. Click the below link for OM and more information https://www.loopnet.com/Listing/565-N-Tustin-St-Orange-CA/31313308/
Presented By: Tiffanie Wang with Keller Williams Premier Prop; 626-622-1188

Interior Features for 565 N Tustin Street

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 565 N Tustin Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Building FeaturesElevators, PhoneSystem
Business TypeAppliances, ArtsandEntertainment, AnimalGrooming, AutoParts, AquariumSupplies, Advertising, BooksCardsStationary, Cabinets, Clothing, Computer, CarpetTile, Decorator, Furniture, Hardware, MultiTenant, OfficeSupply,
Cap Rate5.75
Carport Y/NNo
CityOrange
Construction MaterialsDrywall, Glass, Concrete, Stucco
CoolingCentralAir, Electric, ENERGYSTARQualifiedEquipment, HighEfficiency, Zoned
CountyOrange
Current FinancingGovernmentLoan
Days on Market18
Directions57S to 91 E to 55 S exit Katella right turn on to Tustin Street
ElectricElectricityOnProperty, Standard, Item220Volts
Garage Y/NNo
HOA / Comm AssnNo
HeatingCombination, Central, ENERGYSTARQualifiedEquipment, ForcedAir, NaturalGas, Zoned
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NYes
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan, Item1031Exchange, LeaseBack
Lot Size Square Feet19166.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income26625.2
New ConstructionNo
Number of Units Leased1
Occupancy DescriptionTenant
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat, Mixed, Shingle, Tile
Security FeaturesPrewired, SecuritySystem, CarbonMonoxideDetectors, FireDetectionSystem, Item24HourSecurity, SmokeDetectors, SecurityLights
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameTustin
Tax Annual Amount27468.12
Tax Year2024
Total Units1
UtilitiesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerAvailable, SewerConnected, UndergroundUtilities, WaterAvailable, WaterConnected
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1965
Year Built SourceEstimated
ZoningC

Exterior for 565 N Tustin Street

Building Area Total14392.0
Crops Included Y/NNo
FencingCrossFenced, ExcellentCondition, GoodCondition, Privacy, WroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions19166
Lot FeaturesItem01UnitAcre, CornerLot, DripIrrigationBubblers, FlagLot, Landscaped, Level, NearPublicTransit, StreetLevel, Walkstreet
Lot Size Acres0.44
Lot Size Area19166.0
Lot Size SourceEstimated
Lot Size UnitsSquareFeet
LotDimensionsSourceEstimated
Number of Buildings1
Open Parking Y/NNo
Park Name19
SpaNo
Total Parking19.0
Water SourcePrivate

Additional Details

Price History

1527188455

First Team Client Services

Price $5,538,000
MLS#TR24069560
List Date 04/11/2024
Property Type Commercial
Phone 714.964.3311
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Request Info
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*According to the National Association of Realtors