Seller Financing
Address
23041 Savi Ranch Yorba Linda, CA
Price
$ 62,196,421
Property Attributes
  • MLS#PW20034435
  • TypeCommercial
  • CountyORANGE
  • CityYorba Linda
  • AreaYorba Linda
  • Zip92887
  • StyleRetail
  • Year Built1997
  • Taxes$ 33660000
  • Price$ 62,196,421
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage160773
  • Lot Size15.97 Acres
Listing Provided Courtesy Of:
Minh Tran with Minh Tran, Broker.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Fee simple, Savi Ranch Power Shopping Center, Yorba Linda, Orange County, CA. Yorba Linda is one of the Orange County’s wealthiest cities with average household income in excess of $165,000 annually. Address: 23021-23081 Savi Ranch Pkwy, Yorba Linda, CA 92887. Offering Price: $62,196,421.00 - Cap Rate: 4.75%. Owners are willing to carry a short-term loan. Freeway Visible – 91 Freeway with 233,000 cars per day. Land Size:+/- 15.97 Acres - Building Size: +/- 160,773sqft - +/- 912 Parking Spaces. Net Rental Income: $2,954,330.00/year, Absolute NNN. Rent Increase: See lease abstract. UBS CMBS assumable loan: $24,750,000.00 @ 5.0085%, 30-yr amortization, due in 10 years. Assumption fee: (a) NONE in connection with the first such Transfer, (b) one-half of one percent (0.5%) of the Outstanding Principal Balance in connection with the second such Transfer and (c) one percent (1%) of the Outstanding Principal Balance in connection with each Transfer thereafter. Special Request: Please do not disturb tenants.

Price History
2/17/2020 Listed $63,429,555
5/11/2020 2% - $62,196,421

General Features

Additional Parcels Description 35223101, 35223102, 35223103, 35223105, 35223106, 35223107
Additional Parcels Y/N Yes
Listing Agent Minh Tran - BRE#01483565
Listing Agent State License 01483565
MLS Area 85 - Yorba Linda
Property Sub Type Additional Retail
Property SubType Retail
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Owner May Carry
Topography Level
Total Units 10

Interior Features

Laundry Features None

Exterior Features

Lot Features 0-1 Unit/Acre, Lot Over 40000 Sqft, Sprinkler System, Flat
Lot Size Acres 15.97
Lot Size Area 695653
Lot Size Source Assessor
Lot Size Square Feet 695653
Lot Size Units Square Feet
Number of Buildings 10
Total Parking 912
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 92887

Price
AVG $24.83M
$62.2M
Taxes
AVG $33,660,000
$33,660,000
Visits
AVG 136
211
Year Built
AVG 1997
1997
Walkscore
AVG 31
31
Data Provided by Walkscore ® not using MLS data

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