805 La Veta AveOrange, CA 92868

Property Details for 805 La Veta Ave

Year built

1978

Lot size

1.48 AC

Property size (Sq ft)

21,508 SF

Property type

Commercial real estate

APN

041-140-20

APU

4114020

Description

This exceptional medical office building, located at 805 W. La Veta Avenue in Orange County's East Orange submarket (Central County cluster), offers 25,000 square feet of Class B space across two stories. Built in 1980 and renovated in 1996, the property sits on a 1.5-acre lot and features multiple tenancies. Currently, 7,158 square feet of space is available for lease, divisible into units ranging from a minimum of 859 square feet to a maximum contiguous space of 2,478 square feet. Four individual spaces are currently available. The building is conveniently located within walking distance of St. Joseph Hospital, providing excellent access for patients and staff. Its strategic location also offers easy access to major freeways, including the 22, 55, 57, and 5. The property features competitive lease rates and is identified by APN 041-140-20 and is situated near South Batavia Street. While elevators are not present, the building offers ample space for a variety of medical practices. This is a prime opportunity for medical professionals seeking a well-located, established space in a thriving medical submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $4,704,440

  6.5%

  $4,342,560

  7%

  $4,032,370

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,704,760

  Geo Method

  $6,693,580

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,153,840

  Retail / Commercial

  $4,258,700

  Mixed-Use / Specialty

  $4,304,560

  Hospitality / Lodging

  $3,237,580

  Office

  $4,342,560

  Institutional / Educational

  $4,496,820

  Residential Income

  $5,261,280

  Multifamily

  $5,971,710

  Automotive / Energy

  $3,854,420

  Parking / Income-Based Land

  $1,269,810

  Restaurant / Food Service

  $2,369,100

  Healthcare / Senior Housing

  $4,351,650

Location Insight

City

Orange

County

Orange

State

California

Latitude

33.7815

Longitude

-117.86

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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