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Key Details
Sold Price $7,370,350
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 28,837 sqft
Price per Sqft $255
MLS Listing ID AR21065176
Sold Date 06/21/21
HOA Y/N No
Year Built 1980
Lot Size 1.150 Acres
Acres 1.15
Property Description
The City of Laguna Hills is a prime real estate area with a total population of 31,617 (2020 Census). The City is located 15 miles south of one of the world’s prime technology hubs, Irvine, where the world class Research University and Medical School, UC Irvine is located. Over 50% of Laguna Hills’ residents over the age of 25 have Bachelor’s degrees and beyond. The location and its highly educated residents make the city a desirable business and residential community with over 5,000 businesses within city limits.
The City is also within close proximity of iconic Southern California attractions, 30 minutes driving to Disneyland, Huntington and Laguna Beaches, 50 miles of Los Angeles, and 75 miles from San Diego.
The subject Property, in addition to the wonderful City, is also within close proximity of 5 major hospitals/clinics, making the Property a rare prime real estate investment opportunity.
Location
State CA
County Orange
Area S2 - Laguna Hills
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Carport Spaces 19
Fence None
Utilities Available Electricity Available
Total Parking Spaces 83
Building
Lot Description 11-15 Units/Acre, Lot Over 40000 Sqft, Rectangular Lot
Story 2
Water Public
Others
Tax ID 62034108
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Peichin Lee • AL Capital, Inc