For Sale
$1,123,200

23172 Alcalde DrLaguna Hills, CA 92653

1,872 SF Warehouse, Excellent Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1,872 square foot industrial warehouse condo, located at 23172 Alcalde Drive, Unit A, Laguna Hills, CA 92653, presents a compelling investment opportunity. Built in 1989, this single-story property boasts a 16-foot ceiling height and a single loading dock, enhancing operational efficiency. The clear-span warehouse design maximizes usable space, complemented by floor-to-ceiling storefront glass, providing ample natural light. Priced at $1,123,200 ($600/sq ft), this property offers significant potential for appreciation in the robust California real estate market. The current lease extends to December 31, 2024, providing immediate income potential and mitigating risk. Ownership offers numerous advantages, including protection from rent increases, favorable financing options, equity growth through mortgage pay-down, valuable tax deductions, and control over property maintenance and operating costs via the owner's association and professional property managers. This is an ideal opportunity for investors seeking a stable, high-return asset in a prime Orange County location. The property is situated within the Laguna Hills Business Center.

Highlights

  • Control over business facilities.
  • Protection from rent increases.
  • Favorable financing options.
  • Equity growth through mortgage pay-down.
  • Potential for appreciation in the strong California real estate market.
  • Valuable tax deductions.

Property Details for 23172 Alcalde Dr

Property type
Warehouses, Industrial properties
Square Feet
1,872 SF
Year Built
1989
Stories
1

Location Insight

City
Laguna Hills
County
Orange
State
California
Latitude
33.622219
Longitude
-117.7254708
23172 Alcalde Dr, Laguna Hills, California

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23172 Alcalde Dr
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