Costa Mesa, CA 92626,720 Paularino AVE
Costa Mesa, CA 92626,720 Paularino AVE
Costa Mesa, CA 92626,720 Paularino AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$15,000,000
Est. payment /mo
0.62 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25060970

HOA Y/N No

Year Built 1981

Lot Size 0.624 Acres

Property Sub-Type Special Purpose

Property Description

Discover this Rare and Exceptional Two-Story Medical and Surgical Office Building nestled in the heart of Costa Mesa! It's the ONLY Commercial Building that has been APPROVED for Medical and Surgical uses for sale on the market in Orange County! The owner spent over 5 million to Completely Renovate the inside and outside in the Year of 2022 using High-End materials. The Subterranean Parking was also Leveled Up to meet the unique requirements of Contemporary Medical Practices. This building features an unparalleled blend of Elegance and Functionality! Each space has been Meticulously Crafted with Designer Touches that elevate Every Corner! Marble Flooring, Custom Designed Walls and Ceilings throughout! The property showcases a range of Modern Amenities as well, such as Elevators, Wheelchair Accessibility, Abundant Free Parking on the Ground Level and Two Sub-Ground Levels, making it fully ADA Compliant! This is a Sale-Leaseback deal which has steady cash flow with the flexibility to occupy or
lease at Market Rent for Maximum Investment Potential. The building currently has the major Long-Term Tenant, signed a 5-Year NNN Lease and two 5-Year Options with 3% Annual Increases. The Tenant is the well-known "Wave Plastic Surgery & Aesthetic Laser Center" and the "Costa Mesa Surgery Center", who occupy 82% of the whole building. Wave owns 5 Branches spreading in San Francisco, West LA, Arcadia, Rowland Heights, and Costa Mesa. The rest of the 18% Leasable Spaces can be either for owner-using or leasing to Multiple Tenants for other business. This building is definitely in a Highly Sought-After Area with close proximity to Major Shopping Centers such as South Coast Plaza, featuring world-class retail, dining, and entertainment. It is also close to Hotels, Hospitals, John Wayne Airport and easy access to Freeways. It truly represents the workstyle of Unmatched Sophistication and Charm!!! OM will be provided upon signing the Confidentiality Agreement. Video link of the building: https://vimeo.com/1064499312/2a2f67a1d9?ts=0&share=copy.

Location

State CA

County Orange

Area C3 - South Coast Metro

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Utilities Available Electricity Available, Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Total Parking Spaces 75

Building

Lot Description Back Yard, Front Yard, Paved, Value In Land, Walkstreet, Yard

Story 3

Water Public

Others

Tax ID 14107129

Security Features Prewired,Security System,Key Card Entry

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Private Financing Available

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Private Financing Available

Special Listing Condition Standard

Virtual Tour https://vimeo.com/1064499312/2a2f67a1d9?ts=0&share=copy

Read Less Info
CRMLS – RECore
Listed by Jing Chen RE/MAX CHAMPIONS 626-576-8811

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Maude B. Davis Elementary School

    Public | KG - 6

  • 10

    Eastbluff Elementary School

    Public | KG - 6

  • 9

    Killybrooke Elementary School

    Public | KG - 6

  • 8

    Jim Thorpe Fundamental

    Public | KG - 5

  • 8

    Kaiser Elementary School

    Public | 3 - 6

  • 7

    James Monroe Elementary School

    Public | KG - 6

  • 7

    California Elementary School

    Public | KG - 6

  • 7

    Paularino Elementary School

    Public | KG - 6

  • 7

    Sonora Elementary School

    Public | KG - 6

  • 5

    Mamie L. Northcutt Elementary School

    Public | KG - 6

  • 5

    Pomona Elementary School

    Public | KG - 6

  • 5

    Greenville Fundamental Elementary School

    Public | KG - 5

  • 5

    Carl Harvey Elementary School

    Public | KG - 5

  • 5

    Occs:Chep/Pchs

    Public | KG - 12

  • 4

    College Park Elementary School

    Public | KG - 6

  • 4

    Diamond Elementary School

    Public | KG - 5

  • 4

    Adams Elementary School

    Public | KG - 5

  • 4

    Monroe Elementary School

    Public | KG - 5

  • 3

    Jefferson Elementary School

    Public | KG - 6

  • 3

    Washington Elementary School

    Public | KG - 5

Middle Schools 7
  • 5

    Costa Mesa Middle and High School

    Public | 7 - 12

  • 5

    Douglas Macarthur Fundamental Intermediate School

    Public | 6 - 8

  • 4

    Tewinkle Middle School

    Public | 7 - 8

  • 4

    McFadden Intermediate School

    Public | 6 - 8

  • 1

    Carr Intermediate School

    Public | 6 - 8

  • 0

    Pacific Technology School Santa Ana

    Public | 6 - 12

  • 0

    California Pacific Charter School of San Diego

    Public | 6 - 12

High Schools 11
  • 9

    Early College High School

    Public | 9 - 12

  • 7

    Hector G. Godinez

    Public | 9 - 12

  • 6

    Segerstrom High School

    Public | 9 - 12

  • 5

    Los Amigos High School

    Public | 9 - 12

  • 4

    Saddleback High School

    Public | 9 - 12

  • 3

    Valley High School

    Public | 9 - 12

  • 2

    Monte Vista High School

    Public | 9 - 12

  • 0

    Coastline Regional Occupational Program

    Public | 9 - 12

  • 0

    Back Bay High School

    Public | 9 - 12

  • 0

    Mater Dei High School

    Private | 9 - 12

  • 0

    Cesar E. Chavez High School

    Public | 9 - 12

School and business data provided by Attom Data.

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