Multi-Building Commercial Property For
102 Olinda Dr Brea, CA 92823
102 Olinda Dr, Brea, CA, 92823
$3,957,750
For Sale
$3,957,750
Multi-building commercial property ideal for various uses in Brea.
Property Size8,795 SF
Lot Size1.35 Acres
Price / SF$450
Days on Market134
Property Features for 102 Olinda Dr
General Information
- Standard status
- Active
- Size
- 8,795 SF
- Lot size
- 1.35 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2001
Listing agency
RE/MAX Masters
(714) 785-2557
Listed by
Eric Eide · License #01207980
Source
Elliman
Added: Mar 10 Updated: Jul 10 at 3:48PM Checked: Jul 21 at 6:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Masters
Investment Insights
Based on property information with market context.
This multi-use commercial property features three separate buildings totaling approximately 8,795 square feet, situated on two separate parcels. The combined land area encompasses 58,998 square feet, offering generous on-site parking for over 40 vehicles with ample space for future expansion or redevelopment. Zoned Neighborhood Commercial (NC), this property provides flexibility for a wide range of potential uses. It is ideal for an owner-user, religious facility, school, daycare, community center, or other institutional or service-oriented operations. The property's layout, location, and zoning make it suitable for organizations or businesses seeking a campus-style setting with room to grow. The property includes addresses 102 and 114 Olinda Dr. It has excellent visibility inside Carbon Canyon with a high traffic count and close proximity to the 57 freeway and Chino Hills corridor.
Key Highlights
- Multi‑building commercial property with 8,795 sq ft across three buildings.
- Large 58,998 sq ft lot with ample parking for 40+ vehicles and expansion potential.
- Flexible Neighborhood Commercial (NC) zoning allows for diverse uses.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $263.9k | $30.00 |
| − Vacancy | −$26.4k | −$3.00 |
| EGI | $237.5k | $27.00 |
| − OpEx | −$89.0k | −$10.13 |
| NOI | $148.4k | $16.88 |
8,795 SF · lease $30.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$2.12M
$1.86M – $2.47M
NOI $148,416 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.95M
$2.58M – $3.45M
NOI $206,785 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wve Labs
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Multi-building commercial property ideal for various uses in Brea.
Where is this mixed-use property located?
The property is located at 102 Olinda Dr Brea, CA.
What is the asking price?
The asking price for this property is $3,957,750.
What are key features of this property?
This property features: Multi‑building commercial property with 8,795 sq ft across three buildings.; Large 58,998 sq ft lot with ample parking for 40+ vehicles and expansion potential.; Flexible Neighborhood Commercial (NC) zoning allows for diverse uses.
