880 Columbia St, Brea, CA 92821-2916
- Warehouses
- 12,627 SF
- 0.80 lot acres
Current Use by Public Records
- ADATA Technology USA / Factory / Production Facility
- Erato Audio / Electronics & Wireless Store
Property Details for 880 Columbia St
- Year built
- 1984
- Lot size
- 0.80 lot acres
- Property type
- Warehouses
- APN
- 296-221-17
- APU
- 29622117
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 6, 2025 | — | Krown Brea Properties LLC | — | Deed · related | $1.7M · Southland Economic Development Corporati |
| Jan 6, 2025 | $4,980,000 | Krown Brea Properties LLC | Adata Technology U S A Co Ltd | Grant Deed | $2.5M · Pacific Premier Bank |
| Jul 24, 2013 | $1,907,000 | Adata Technology USA Co Ltd | Danewenco Investments LLC | Grant Deed | — |
| Aug 11, 2003 | $1,263,000 | Danewenco Investments LLC | Lin,jefferson C | Grant Deed | $947k · Bank Of America |
| Jul 28, 1993 | $810,000 | Jefferson C Lin | Turner Trust | Grant Deed | $400k · General Bank |
| — | — | Jefferson C Lin | — | Deed Of Trust · related | $600k · General Bank |
| — | — | Danewenco Investments LLC | — | Deed Of Trust · related | $149k · Bank Of America |
Description
This exceptional freestanding executive office building, located at 880 Columbia St in Brea, California, presents a unique investment opportunity. Boasting a total of 12,627 square feet, the property sits on a substantial 34,848 square foot lot. Built in 1984, the building features a desirable layout with a large central open office area complemented by multiple private offices, ideal for a variety of corporate needs. The high ceilings, measuring 18 feet, contribute to a spacious and impressive atmosphere. The property includes convenient amenities such as 23 parking spaces, one ground-level door, and one dock-high truck well, catering to both employee and delivery needs. The building is equipped with central air conditioning and recessed lighting, ensuring a comfortable and well-lit workspace. Its strategic location offers easy access to freeways 57, 91, and 90, providing excellent connectivity throughout the region. This property is situated in the heart of Brea's thriving business district, offering unparalleled convenience and visibility. The asking price for this remarkable property is $4,980,000. This presents a compelling opportunity to acquire a well-maintained, strategically located executive office building in a highly desirable Orange County market.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,230,000
- 6.5%
- $2,980,000
- 7%
- $2,770,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,689,000
Market price range: $1.99M - $4.63M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,340,000 Current use
- RETAIL STORES
- $6,155,000 Change: +84% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $5,940,000 Change: +78% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $5,925,000 Change: +77% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $5,635,000 Change: +69% Conversion: Easy
- OFFICE BUILDING
- $5,415,000 Change: +62% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $5,115,000 Change: +53% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Brea
- County
- Orange
- State
- California
- Longitude
- -117.911
- Latitude
- 33.9301
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
