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2914 E Katella Avenue, Orange, CA, 92867
Professional Office Building with Parking

2914 E Katella Avenue Orange, CA 92867

New
For Sale
Contact for pricing

Professionally maintained office property in Orange County with reciprocal parking and prominent signage on Katella Avenue.

Property Size8,752 SF
Price / SF$326.21
Days on Market6

Property Features for 2914 E Katella Avenue

General Information

Standard status
Active
Size
8,752 SF
Property subtype
Office

Building Details

Year Built
1975
Listing Agency: PK Management Inc
Listed By: Paul Kraemer · License #CA 01087378
Source: Crexi
Added: Jul 20 Changed: Jul 24 Last Checked: Jul 24 at 4:42AM

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 PK Management Inc


Investment Insights

Based on property information with market context.

2914 E Katella Ave is a professionally maintained office building totaling approximately 8,752 square feet. The property offers reciprocal parking to support tenant, client, and visitor convenience, and it includes building and street signage available on Katella Avenue and Wanda.

The asset is positioned along the Katella Avenue corridor with strong visibility at a signalized intersection. It also provides accessibility to the 55, 57, and 91 freeways, placing the building in a well-established business area with professional office, medical, and commercial users.

The building’s functional layout and connectivity are suited for a range of professional and service-oriented office uses, including medical and financial or consulting services, depending on tenant requirements and business needs.

Key Highlights

  • Office property built in 1975 with approx. 8,752 SF professionally maintained.
  • Located on E Katella Ave in the Orange office corridor along a heavily traveled route with building and street signage.
  • Reciprocal parking available for tenants, clients, and visitors.

Financial Insights For Office B

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 $247.9k $28.32
− Vacancy −$32.2k −$3.68
EGI $215.6k $24.64
− OpEx −$53.9k −$6.16
NOI $161.7k $18.48
8,752 SF · lease $28.32/SF/yr · vacancy 13.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.31M
$2.02M – $2.70M (±1% cap)
NOI $161,726 @ 7.0% cap · market cap 5.66%
Second Best
Healthcare Medical
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,234 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M (±1% cap)
NOI $221,483 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Law Office Of Kurt ... Law Firm Law Office of Jamison ... Law Firm Broker FARR Realty Real Estate Agency PK Management, Inc. Property Management Company CDR Group Environmental Consultant

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Auto Parts Store Cosmetic Store (Bike/Boat/Book/etc) Store Pet Grooming Service Wine and Liquor Store Storage Facility Mobile Phone Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Professionally maintained office property in Orange County with reciprocal parking and prominent signage on Katella Avenue.
Where is this office building located?
The property is located at 2914 E Katella Avenue Orange, CA.
What is the asking price?
The asking price for this property is $2,855,000.
What are key features of this property?
This property features: Office property built in 1975 with approx. 8,752 SF professionally maintained.; Located on E Katella Ave in the Orange office corridor along a heavily traveled route with building and street signage.; Reciprocal parking available for tenants, clients, and visitors.
More about this property
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