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160 Olinda Place, Brea

$4,600,000 - $4.6M Price - 160,413 Lot Sq. Ft - 182 DOM

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.

Listing Agent
Eric Eide - RE/MAX MASTERS REALTY

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Essential Information

For 160 Olinda Place, Brea
  • MLS® # CV23200708
  • Price $4,600,000
  • Bathrooms 0.00
  • Lot Square Footage 160,413
  • Year Built 1966
  • Type Commercial Sale
  • Sub-Type Retail
  • Status Active Under Contract

Community Information

For 160 Olinda Place, Brea
  • Address 160 Olinda Place
  • Area 86 - Brea
  • City Brea
  • County Orange
  • Zip Code 92823

Amenities

For 160 Olinda Place, Brea
  • Parking Spaces 150

Utilities

For 160 Olinda Place, Brea

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior

For 160 Olinda Place, Brea
  • # of Stories 1

Exterior

For 160 Olinda Place, Brea
  • Exterior Frame, Stucco
  • Roof Spanish Tile
  • Construction Frame, Stucco

Lot Description

For 160 Olinda Place, Brea

Gentle Sloping, Irregular Lot, Lot Over 40000 Sqft, Paved, Value In Land

Additional Information

For 160 Olinda Place, Brea
  • Date Listed November 1st, 2023
  • Days on Market 182

160 Olinda Place Brea MLS® #CV23200708

You are viewing the for at 160 Olinda Place with the MLS® CV23200708 on Previewochomes.com. This at 160 Olinda Place, . 92823 is currently for featuring a 160413 sq.ft. lot and listed for sale at $4,600,000. This for at 160 Olinda Place with the MLS® # CV23200708 has been listed since 2023-11-01.

Please contact us for additional information and assistance.

Price Change History for 160 Olinda Place, Brea, (MLS® #CV23200708)

Date Details Change
Status Changed from Active to Active Under Contract

Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 4:58pm PDT. 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. 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, 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.

Property Listed By: Eric Eide of RE/MAX MASTERS REALTY