Property profile

96 Discovery Irvine, CA 92618

OFF-MARKET
Office Spaces
Property ID
US09-0200604
Individually Owned 4-yr Hold Absentee Owner
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Property summary

AI-generated overview

This exceptional 4,089 square foot office building in Irvine, California, is available for $2,775,000 ($678.65 per square foot). Built in 2004, this single-story Class B building boasts a desirable 5.5A Medical and Science zoning, making it ideal for a variety of uses. The layout includes a reception area, twelve private offices, a kitchen, conference room, ample storage, and private restrooms. Parking is generous, with a 4:1,000 SF ratio, including four reserved stalls. The building offers excellent signage opportunities, visible from Barranca Parkway and at the building entrance. Located in Irvine, CA 92618, this property enjoys convenient access to the 5 and 405 freeways and is within a five-minute drive of numerous retail amenities and restaurants, including the Irvine Spectrum Center. Monthly association dues are $1,413.30, and the property tax rate is 1.0315%. This owner/user investment opportunity presents a compelling combination of location, functionality, and potential. The property is zoned for medical and scientific uses, offering flexibility for various businesses. The ample parking and convenient freeway access add to its appeal. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving market.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
APN 935-357-62
UPID US09-0200604

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Business Networking Company
  • Business Networking Company
  • Medical Clinic
  • Consultant

Location

96 Discovery Irvine, CA 92618-3105
Irvine metro Census 52518 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.08M

Owner & transaction history

since 2021
Last sale
$2.1M
7 recorded transactions
2025
Price N/A
2021
$2.1M
2021
Price N/A
2021
Price N/A
2017
Price N/A
2005
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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