17875 Von Karman AveIrvine, CA 92614

Property Details for 17875 Von Karman Ave

Lot size

0.89 AC

Property type

Showrooms

APN

435-111-13

APU

43511113

Description

This Class A office building, located at 17875 Von Karman Ave Suite 150 & 250 in Irvine, CA 92614, offers a diverse range of workspace solutions. The 34,216 square foot building features 350 suites, with a minimum divisible space of 50 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. The property underwent renovations in 2019 and includes elevators for convenient access. The building caters to various business needs, offering traditional office spaces, executive suites, coworking areas, and creative office layouts, suitable for professionals in diverse fields. Its prime location in Orange County provides easy access to major freeways, including the I-405 and I-10, facilitating seamless commutes and connections to neighboring business districts. The building's proximity to amenities and entertainment options enhances its appeal, offering a vibrant and convenient work environment. This versatile property presents an excellent opportunity for businesses seeking flexible and modern office space in a thriving Orange County location. The building's multiple tenancy structure allows for a variety of lease options to suit different business sizes and requirements.

• CAP approach

  CAP return

  Valuation

  6%

  $12,416,400

  6.5%

  $11,461,300

  7%

  $10,642,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,157,300

  Geo Method

  $14,157,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $22,622,800

  Mixed-Use / Specialty

  $11,310,500

  Hospitality / Lodging

  $8,154,980

  Office

  $11,128,800

  Institutional / Educational

  $11,719,100

  Residential Income

  $13,711,300

  Multifamily

  $17,054,200

  Automotive / Energy

  $10,044,900

  Parking / Income-Based Land

  $3,575,020

  Restaurant / Food Service

  $5,647,980

  Healthcare / Senior Housing

  $11,711,500

Location Insight

City

Irvine

County

Orange

State

California

Latitude

33.6861

Longitude

-117.847

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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