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$4,600,000
418 Days On Site

160 Olinda Place
Brea, CA 92823

For Sale|Retail|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
12,000
SqFt
$383
/SqFt
1966
Built
County:
Orange
Listed by Eric Eide of RE/MAX MASTERS REALTY [email protected]

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160 Olinda Place160 Olinda Place160 Olinda Place160 Olinda Place
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Presenting a remarkable investment opportunity, this prime retail shopping center is now available for acquisition. Situated in a highly sought-after location, this property offers investors a strategic asset with a strong track record of performance and promising growth prospects. Strategically located in a high-traffic area with excellent visibility and accessibility, this shopping center is a cornerstone of the community and enjoys a consistent influx of potential customers. This shopping center boasts a total of +/-12,000 square feet on a spacious 3.68 acre lot. The center's diverse tenant mix includes a wide range of retail, dining, and service businesses. The shopping center offers ample parking with approximately 150 parking spaces, ensuring convenience for customers and tenants. The deferred maintenance presents an opportunity for the buyer to renovate and modernize the property, potentially increasing its leasing appeal and rental income. This could involve upgrading the façade, parking lot, enhancing landscaping, or improving common areas. Opportunities for expansion or redevelopment are available, allowing for additional revenue streams. Please note, expenses to follow.

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Listing Snapshot
Price 
$4,600,000
Days On Site 
418 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.6826 Acres
Year Built 
1966
MLS® Number 
CV23200708
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 months agoStatus changed to Active Under Contract
10 months agoListing updated with changes from the MLS®
a year agoListing first seen on site
General Features
Acres 
3.6826
Number Of Stories 
1
Parking Spaces 
150
Property Sub Type 
Retail
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
SqFt Total 
12000
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Construction Details 
FrameStucco
Fencing 
Chain Link
Lot Features 
Gentle SlopingIrregular LotPaved
Roof 
Spanish Tile
Community Features
Financing Terms Available 
CashConventionalContract1031 Exchange
MLS Area 
86 - Brea


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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