434 Tustin StOrange, CA 92866

  • Specialty properties
  • 2,160 SF
For Sale
$3,300,000 View listing

Property Details for 434 Tustin St

Year built
1959
Lot size
0.64 AC
Property size (Sq ft)
2,160 SF
Property type
Specialty properties
APN
390-093-18
APU
39009318

Description

This exceptional 3,872-square-foot executive office building, located at 434 S Tustin St in Orange, California (92866), presents a compelling investment opportunity. Built in 1958, this single-story structure sits on a 0.68-acre lot and offers ample parking, with a ratio of 4.06 spaces per 1,000 square feet. Currently configured as a fully built-out veterinary hospital and kenneling facility, the property is 100% leased but can be delivered vacant, providing flexibility for the new owner. The building boasts excellent street frontage and high visibility due to its prominent location. The strong net operating income (NOI) of $108,221 contributes to an attractive price per square foot of $852.27. Its strategic location provides easy access to major freeways, including the 22, 55, and 57, ensuring convenient commutes for employees and clients. The property's potential for redevelopment or continued income generation makes it an ideal acquisition for investors seeking a strong return on investment in a desirable Orange County location. The asking price is $3,300,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $477,159
    Hospitality
    $437,075
    Educational
    $363,641
    Medical
    $376,148
    Retail
    $565,664

Location Insight

City
Orange
County
Orange
State
California
Latitude
33.7822
Longitude
-117.836
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,207
$1,427,521
$197,297
$1,624,818
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