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128 E Katella Ave, Orange, CA 92867
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128 E Katella Ave Orange, CA 92867

$3,100,000 Sold Price as of 08/31/2022
  • -- Beds
  • -- Baths
  • 13,385 Sq.Ft.
Sold
$3,100,000 Sold Price as of 08/31/2022 Refinance Your Mortgage
Map preview of 128 E Katella Ave, Orange, CA 92867

Property Overview: 128 E Katella Ave Orange, CA has -- bedrooms, -- bathrooms, 13,385 living square feet and 28,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Owner/user (opportunity to occupy 57% or more of the building) or investor opportunity strategically located in the City of Orange. The City of Orange is an affluent Orange County Submarket that has ideal proximity to both residential and commercial density which ensures the property is busy during all times of the day, every day of the week. This opportunity will yield an owner user the ability to occupy approximately 7,605 SF of 2nd floor office space (elevator served) or an investor to lease out the 2nd floor at a market rate to increase cashflow. The NeighborWorks of Orange County Multi Tenant Office Building offers multiple suites, multi story configurations and ample parking for all. The 128 E Katella building is ideally located near the intersection of Katella Ave (30,000 vehicles per day) and Glassell St (21,000 vehicles per day) for a total of over 51,000 vehicles passing the intersection daily. Traditional, linear configuration are conducive to high occupancy, optimal rents and low tenant improvement costs over the term of ownership keeping capital expenditures to a minimum. The 128 E Katella building will be marketed free and clear of any existing financing, creating an opportunity to place creative financing tailored to an investor's or owner users desired hold period and risk profile to further enhance returns.

Listed by Cameron Irons | BRE #01176224 | SVN / Vanguard
Last checked: 12 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
28,750
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Office
Status
Sold
MLS#
PW22085358
City
Orange
County
Orange
Time on Site
748 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 21
  • Total # of Buildings: 1
  • # of Leased Units: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $26,375
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $4,990
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $11,400
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $20,078
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 128 E Katella Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 21
  • Parcel Number: 37514103
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: None
Location / Neighborhood
Location Information
  • Directions: east of Glassell
View more facts & features

Local Orange Agent

Sale History for 128 E Katella Ave

Last sold for $3,100,000 on August 31st, 2022

  • August, 2022

  • Aug 31, 2022

    Date

    Sold

    CRMLS: PW22085358

    $3,100,000

    Price

  • Apr 26, 2022

    Date

    Active

    CRMLS: PW22085358

    $3,450,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: PW18265094

    --

    Price

  • Nov 2, 2018

    Date

    Active

    CRMLS: PW18265094

    --

    Price

  • Listing provided courtesy of CRMLS

  • October, 2018

  • Oct 1, 2018

    Date

    Expired

    CRMLS: PW18152078

    --

    Price

  • Jun 25, 2018

    Date

    Active

    CRMLS: PW18152078

    --

    Price

  • Listing provided courtesy of CRMLS

    SVN Vanguard is pleased to present the NeighborWorks of Orange County Multi Tenant Office Building available For Lease. Multiple office configurations provide any office user ability to lease an office in an outstanding area with ease of access from Old Towne Orange, Southern California's 57 Freeway, 55 Freeway and the 91 Freeway. Onsite parking with multiple office configurations will yield opportunities to growing business looking to lease in the City of Orange. The NeighborWorks of Orange County Multi Tenant Office Building offers multiple suites, multi story configurations and ample parking for all. The NeighborWorks of Orange County building is ideally located near the intersection of Katella Ave (30,000 vehicles per day) and Glassell St (21,000 vehicles per day) for a total of over 51,000 vehicles passing the intersection daily.

  • July, 2017

  • Jul 26, 2017

    Date

    Canceled

    CRMLS: PW17161482

    $2,100

    Price

  • Jul 15, 2017

    Date

    Active

    CRMLS: PW17161482

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Highly visible, downstairs office ~ currently being used as a multi-purpose room. Perfect for any professional service / business. Busy corner location (Katella & Glassell) Easy access to 22,55 &57 frwys. Close to Honda Center, Arctic Transportation Center, and shopping. It has a reception area, closets, sink/counter top area , both gender bathrooms. Large front window faces Katella Ave. Central air

  • August, 2012

  • Aug 1, 2012

    Date

    Sold (Public Records)

    Public Records

    $2,225,000

    Price

  • June, 2002

  • Jun 27, 2002

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

Show More

Tax History for 128 E Katella Ave

Assessed Value (2020): $2,505,313
Year Land Value Improved Value Assessed Value
2020 $1,576,379 $928,934 $2,505,313

Home Value Compared to the Market

This property vs the competition

128 E Katella Ave sold on August 31, 2022 for 228.57% higher than the current median sold price for the city of Orange which is $1,050,000. The median sold price per/sqft for Orange is $611 and this home is sold at $257.75 per/sqft which puts the price per square foot 57.81% lower than the current median sale per square foot for the city of Orange.

About 128 E Katella Ave

Detailed summary of property

128 E Katella Ave is a office that recently sold in Orange, CA 92867. This office offered -- bedrooms, -- bathrooms, roughly 13,385 living square feet, and sits on an approximately 28,750 square foot lot. 128 E Katella Ave was first listed on ArdentRealEstateGroup.com on April 26, 2022. The homeowner sold the property for $3,100,000. Home in Orange are selling for a median price of $1,050,000 and a median price per square foot of $611. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 228.57% higher than the current median priced home. Local homes that are currently for sale include 930 Colorado Blvd #1, 3765 Elizabeth St and 16072 Arrow Blvd #A. While the average home in Orange, CA is selling in 45 days, 128 E Katella Ave has a days on market of 43 days. There are currently 158 homes for sale in the Orange real estate market and 125 of them are single family homes while 27 of them are condos and 6 are townhomes. For more information on this home for sale at 128 E Katella Ave Orange, CA 92867 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 128 E Katella Ave

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
26,840
Lot Size
28,972
Stories
2
Type
Commercial (General)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
375-141-03

The source for these homes facts are from public records.

92867 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,380,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$1,175,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
43
Median Sale to List Price %
102.26%
Avg Days on Market
31
Loan Type
Conventional (56.25%), FHA (0%), VA (0%), Cash (31.25%), Other (12.5%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 128 E Katella Ave

1500 E Katella Ave #C, Orange, CA 92867
$555,888 Last Sold Price
-- Beds
-- Baths
917 Sq.Ft.
1500 E Katella Ave #C
Orange, CA 92867
1500 E Katella Ave #7, Orange, CA 92867
$224,000 Last Sold Price
-- Beds
-- Baths
660 Sq.Ft.
1500 E Katella Ave #7
Orange, CA 92867
1675 N Main St, Orange, CA 92867
$2,275,000 Last Sold Price
-- Beds
-- Baths
9055 Sq.Ft.
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123 N Olive St, Orange, CA 92866
$2,600,000 Last Sold Price
-- Beds
-- Baths
3400 Sq.Ft.
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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