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Modjeska Building 17332 Irvine Blvd 24,287 SF Office Building Tustin, CA 92780 $6,775,000 ($278.96/SF)



INVESTMENT HIGHLIGHTS
- Asking Price of $6,775,000 (±$279/SF) / ±24,287 SF.
- The building can be vacant by the end of 2025 but has had historically high occupancy.
- Elevator-served office building on the corner of Irvine Blvd and Yorba St.
- Premier owner-user office building with welcoming two-story lobby.
- Located one block east of the 55 Freeway, a half mile from Old Town Tustin.
EXECUTIVE SUMMARY
Two-story ±24,287-square-foot, elevator-served office building built in 1973 on an approximate 1.0-acre parcel with no association. The building can be vacated by the end of 2025, allowing for an owner-user to occupy a portion of the building and lease out the rest, or a user can occupy the entire property.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
24,287 SF
Building Class
C
Year Built
1973
Price
$6,775,000
Price Per SF
$278.96
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,144 SF
Building FAR
0.56
Lot Size
1.00 AC
Zoning
PR
Parking
50 Spaces (2.06 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Air Conditioning
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 401-512-01 | Improvements Assessment | $1,883,558 |
| Land Assessment | $1,431,514 | Total Assessment | $3,315,072 |
PROPERTY TAXES
Parcel Number
401-512-01
Land Assessment
$1,431,514
Improvements Assessment
$1,883,558
Total Assessment
$3,315,072
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Modjeska Building | 17332 Irvine Blvd
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