720 E Katella Avenue
Orange, CA 92867
MLS #PW15250580

Commercial
  • 19,320sq ft
Pending Sale $1,280,000
Est. P&I payment: $4888.73/mo
720 E Katella Avenue, Orange, CA 92867
  • 720 E Katella Avenue, Orange, CA 92867 Photo 1
  • 720 E Katella Avenue, Orange, CA 92867 Photo 2
  • 720 E Katella Avenue, Orange, CA 92867 Photo 3
  • 720 E Katella Avenue, Orange, CA 92867 Photo 4
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Description for 720 E Katella Avenue, Orange, CA 92867
This property consists of 2 x 1 story retail buildings consisting of a total of 19,380 s.f. of improvements on 2 separate parcels, each parcel being on a ground lease. The property is multi tenant and is 100% occupied with an excellent mix of tenants which include 2 restaurants, liquor store, beauty salon, coin operated laundry, Xtreme Beast fitness center, barber and clothier. It features excellent street visibility, lots of parking and near lots of other shopping, restaurants and freeways.
MLS #PW15250580
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My Notes for MLS #PW15250580

General Features

  • Building Status: Existing
  • Current Commercial Use: Retail center
  • Land Use: Retail
  • Number Of Buildings: 2
  • Number Of Units Leased: 10
  • Property SubType: Retail
  • Property Type: Commercial Sale
  • Year Built: 1965
  • Year Built Source: Assessor

Exterior Features

  • Construction Materials: Frame
  • Roof: Asphalt,​Clay
  • Signage: Sign Freestanding,​Sign on Building
  • Stories Total: 1

Interior Features

    Utility Features

    • Electric: Standard
    • Heating YN: 1
    • Heating: Central Furnace
    • Cooling YN: 1
    • Water Source: Public

    Financial Features

    • Accounting Type: Actual
    • AssetClass: Retail
    • CapRate: 14
    • Gross Scheduled Income: 352,525
    • Investment Property YN: 1
    • Net Operating Income: 164,228
    • Operating Expense: 188,297
    • Price Per Lot SqFt: 15.06
    • Price Per SqFt: 66.25

    Miscellaneous Features

    • Building Area Total: 19,320
    • Days On Market: 23
    • Exclusions: The land
    • Inclusions: Improvements
    • Lot Size Source: Estimated
    • Special Listing Conditions: Standard

    Location

     
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    Listing information for 720 E Katella Avenue, Orange, CA 92867 was graciously provided by our friends at the listing brokerage, Swartz Investments, Inc. and by listing agent Swartz Sylvan DRE# 00648789

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    P&I Payment $4888.73
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 12/18/2017 at 4:14am
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