Listed by Economos Dewolf
$5,850,000
1150 E Orangethorpe Ave
Details
Property Type Office
Sub Type Medical Office
Square Footage 16,761
Tenancy Multi
Price per SqFt $349
Year Built 1988
Year Renovated 2018
Stories 2
Acreage 0.900
Zoning C-O
Parking Spaces 70 spaces
Parking Per SqFt 4.18
Investment Type Owner/User
Office | 16,761 SqFt
Marketing description
Two-story, elevator-served, 16,761 square foot office building built
in 1988 on its own parcel totaling approximately 0.90-acres (no
association). Medical use is permitted as parking required by the
city is the same ratio as necessary for office (4:1 ratio).
Investment highlights
- Office building on its own parcel with no association and covered parking that was recently renovated. Medical use is permitted.
- Less than two miles from Kaiser Permanente and UCI Health Center.
- Recent renovations since 2018 include:
- New roof (20-year silicone roof)
- Parking lot resurfaced (2025)
- Upgraded elevator (modernized in 2018)
- Updated rooftop HVAC Units with high efficiency rating
- Renovated bathrooms with new finishes
- New tile and stair surfaces in entries
- New ceiling tile and led lighting fixtures throughout
- New flooring (carpet and VCT)
- New doors (solid panel stain grade) with new ADA compliant mortise locks
- Rekeyed building to master key system
- Repainted entire building
- New exterior led lighting fixtures including parking area under building
- Suite 100 and 101 have renovated break rooms with new finishes
- New fiber provided by Gigabit Now
- New landscaping with drought tolerant plants
- Rooftop solar and back up battery system installed in 2025 ($280,000 cost)
- Owner-user opportunity – the building has vacancy for an owner-user to occupy ±9,631 SF at the close of escrow and the full building by 08/31/2026, which will satisfy an SBA loan requirement. Lock in your cost of occupancy with a 25-year fully-amortized 90% SBA loan, protecting against runaway lease rates.
- Building top signage is allowed.
- Solar panels and a backup battery are estimated to have annual electricity savings of $32,425.
- Restaurants and amenities are within the immediate vicinity of this building as can be seen on the amenities map on Page 6.
- Priced to sell, at $380/sf this offering is a clear value compared to sale comps described on Page 14.
Listing Contacts
Listed by Economos Dewolf
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Zoning
C-O CommercialOfficeCommercial Office
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