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160 Olinda Place
Brea CA 92823 US

$4,600,000

Pending Listing ID CV23200708
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$4,600,000

Pending Listing ID CV23200708
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160 Olinda Place Presenting a remarkable investment opportunity, this prime retail shopping center is now available for acquisition. Situated in a highly sought-after location, this property offers investors a strategic asset with a strong track record of performance and promising growth prospects. Strategically located in a high-traffic area with excellent visibility and accessibility, this shopping center is a cornerstone of the community and enjoys a consistent influx of potential customers. This shopping center boasts a total of +/-12, 000 square feet on a spacious 3.68 acre lot. The center's diverse tenant mix includes a wide range of retail, dining, and service businesses. The shopping center offers ample parking with approximately 150 parking spaces, ensuring convenience for customers and tenants. The deferred maintenance presents an opportunity for the buyer to renovate and modernize the property, potentially increasing its leasing appeal and rental income. This could involve upgrading the façade, parking lot, enhancing landscaping, or improving common areas. Opportunities for expansion or redevelopment are available, allowing for additional revenue streams. Please note, expenses to follow.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 4600000
  • unparsedaddress: 160 Olinda Place
  • postalcity: Brea
  • stateorprovince: CA
  • country: US
  • postalcode: 92823
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 12000
  • livingareaunits: Square Feet
  • listagentfullname: Eric Eide
  • listagentemail: jericeide@gmail.com
  • listagentkey: 3yd-MRMLSCA-C18910
  • listagentmlsid: C18910
  • listagentpreferredphone: 7147852557
  • listagentofficephone: 9093648380
  • listofficekey: 3yd-MRMLSCA-2006
  • listagentstatelicense: 01207980
  • listofficemlsid: 2006
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1966
  • listingcontractdate: 2023-11-01
  • listagenturl: http://www.mastersrealestate.com
  • countyorparish: Orange
  • parcelnumber: 31505204
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 1:46:37 PM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Eric Eide, RE/MAX MASTERS REALTY, jericeide@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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