Multi-Use Commercial Property For
102 Olinda Dr Brea, CA 92823
102 Olinda Dr, Brea, CA, 92823
$2,250,000
For Sale
$2,250,000
Versatile commercial property with expansion potential in Carbon Canyon.
Property Size5,000 SF
Lot Size0.74 Acres
Price / SF$450
Days on Market134
Property Features for 102 Olinda Dr
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.74 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 6 at 10:33AM Checked: Jul 21 at 6:45AM
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, constructed in 2001, offers 5,000 square feet of space on a 32,407 square foot lot. The property includes on-site parking for over 20 vehicles and is gated, providing security. The zoning is Neighborhood Commercial (NC), allowing for a variety of potential uses. The property is suitable for an owner-user, religious facility, school, daycare, community center, or other institutional or service-oriented operations. Located in Carbon Canyon, the property benefits from high traffic and proximity to the 57 freeway and Chino Hills corridor. There is ample space for future expansion or redevelopment. An adjacent parcel at 114 Olinda Dr. is also available for sale, featuring two buildings totaling 3,795 square feet on a 26,591 square foot lot, with parking and gated security. The properties can be sold individually or collectively.
Key Highlights
- Large 32,407 sq. ft. lot with ample space for future expansion or redevelopment.
- Generous on‑site parking for 20+ vehicles and gated for security.
- Zoned Neighborhood Commercial (NC) providing flexibility for a wide range of potential uses.
Local Financial Insights For Retail
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 | $168.0k | $33.60 |
| − Vacancy | −$5.7k | −$1.14 |
| EGI | $162.3k | $32.46 |
| − OpEx | −$48.7k | −$9.74 |
| NOI | $113.6k | $22.72 |
5,000 SF · lease $33.60/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.62M
$1.42M – $1.89M
NOI $113,602 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$834.7K
$730.4K – $973.8K
NOI $58,430 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,558 @ 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?
Church & religious facility - Versatile commercial property with expansion potential in Carbon Canyon.
Where is this church & religious facility located?
The property is located at 102 Olinda Dr Brea, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Large 32,407 sq. ft. lot with ample space for future expansion or redevelopment.; Generous on‑site parking for 20+ vehicles and gated for security.; Zoned Neighborhood Commercial (NC) providing flexibility for a wide range of potential uses.
