Listed by 714-785-2557 - Eric Eide - DRE #01207980 - RE/MAX MASTERS REALTY 909-364-8380
$4,600,000 affordable loan icon Calculate Payment

160 Olinda Place Brea, CA 92823

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Retail Residence
Beds
Baths
12,000 Sq. Ft.
3.68 Acre Lot
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Last updated on 9/21/2024 6:40 PM

Listing Details

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 loc...ated 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. Continue reading
MLS#
CV23200708
Property Type
Retail
Status
Active Under Contract
Year Built
1966
Square Feet
12,000 sq. ft
Lot Size
3.68
Sewer
Sewer Connected
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Listed by 714-785-2557 - Eric Eide - DRE #01207980 - RE/MAX MASTERS REALTY 909-364-8380
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 9/21/2024 6:40 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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