17561 17th St, Tustin, CA 92780-1934
- Commercial real estate
- 6,096 SF
- 0.44 lot acres
Current Use by Public Records
- Janet Gutierrez Realtor / Real Estate Agency
- Martha Diaz, RE/MAX One / Real Estate Agency
- Andrea Buckley - RE/MAX One #01301133 / Real Estate Agency
- RE/MAX One / Real Estate Agency
- Josiah Bello - RE/MAX One / Real Estate Agency
Property Details for 17561 17th St
- Year built
- 1977
- Lot size
- 0.44 lot acres
- Property type
- Commercial real estate
- APN
- 395-301-33
- APU
- 39530133
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 17, 2025 | $2,550,000 | Meghna Patel Dds INC | Summit Properties LLC | Grant Deed | $1.5M · Enterprise Bank & Trust |
| Dec 12, 2019 | — | Summit Properties LLC | Liu Family Trust | Quit Claim Deed | — |
| Nov 8, 2016 | — | Liu Family Trust | Liu,anthony C & Sue H | Quit Claim Deed · related | — |
| Sep 25, 2015 | $900,000 | Anthony C Liu | Liu,chao-hsi & Yin P S | Grant Deed | — |
| Jul 28, 2015 | — | Teng,ting-chien & Tsai C Trust | Teng,ting-chien | Quit Claim Deed · related | — |
| Jun 15, 2004 | — | Ting-chien Teng | Teng,ting-chien | Quit Claim Deed · related | $437k · Land Bank Of Taiwan |
| Jun 9, 1992 | $1,229,039 | Cal Fed Bank | Saltarelli,donal | Trustees Deed · related | — |
| Oct 16, 1990 | $405,500 | Liu Anthony C | Patin Michael G | Grant Deed · related | — |
| Sep 30, 1988 | — | Michael G Patin | Patin Pauline E | Quit Claim Deed · related | $562k · United California Savings Bank |
| Jun 10, 1988 | — | Michael G Patin | Patin Michael G | Quit Claim Deed · related | $150k · Koop R M |
| — | — | Michael G Patin | — | Deed Of Trust · related | $76k · Rider Bud & Kath |
Description
This exceptional freestanding, single-story office building, totaling 6,045 square feet, is situated on a 0.44-acre lot in Tustin, California, within Orange County. Built in 1977, the property boasts a prominent location with major street frontage and monument signage, ensuring high visibility. The building features ample parking with 20 surface stalls. The interior layout includes approximately 19 private offices, two smaller conference rooms, an open cubicle area, and a kitchenette/copy room. Adding to its appeal is a central courtyard area of approximately 886 square feet. The property is zoned Planned Community Commercial (PC COM) and offers convenient access to major freeways, including the 55, 5, and 22. The gross lease structure simplifies the financial aspects of occupancy. The asking price per square foot is $429.94. This is a unique opportunity to acquire a well-maintained, established office building in a highly desirable location. Showings are by appointment only to avoid disturbing the current tenant.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,870,000
- ML approach
- $2,850,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,715,000
- 6.5%
- $1,585,000
- 7%
- $1,470,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,331,000
Market price range: $1.59M - $3.72M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,615,000 Current use
- RESTAURANT
- $4,160,000 Change: +59% Conversion: Difficult
- RETAIL STORES
- $2,970,000 Change: +14% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $2,860,000 Change: +9% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,720,000 Change: +4% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,470,000 Change: -6% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tustin
- County
- Orange
- State
- California
- Longitude
- -117.826
- Latitude
- 33.7602
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
