16500 Bake Parkway, Irvine, CA 92618
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16500 Bake Parkway Irvine, CA 92618

$2,799,000
  • -- Beds
  • -- Baths
  • 4,950 Sq.Ft.
For Sale
$2,799,000 Get Pre-Qualified

Map preview of 16500 Bake Parkway, Irvine, CA 92618

Property Overview: 16500 Bake Parkway Irvine, CA has -- bedrooms, -- bathrooms, 4,950 living square feet and 2,553 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This high image building in Bacchus Office Park has a very professional environment with modern colors and décor, perfect for impressing your potential and existing clients. The building has a double-door lobby entrance with a floor-to-ceiling water wall feature. Suite 100 space includes a large conference room surrounded by glass walls, as well as the water feature from the lobby, an executive office, and two open areas for workstations currently configured with 9 workstations, as well as a large copy/file room. Suite 200 has two executive offices and a large workstation area currently with 20 workstations. The lobby contains restrooms and kitchenette. No expense was spared when building out this building, including high-end finishes, lobby water feature, magnetic lock security system, enhanced dropped ceiling design, and Cat 6 phone and internet cabling. The building also offers creative features including full-wall whiteboard space and multi-teared ceilings. Located in the highly desired and convenient Irvine Spectrum area. Immediate 5, 405, & 133 Freeway Access. Building Signage facing Bake Parkway and the parking lot. Zoned as 4.2D-Community Commercial - Not R&D. Its zoned usage is office with 4:1000 parking. Perfect for owner-occupied and/or investment use. NOTE: Photos are not recent - Accent wall colors have been updated. New photos available soon. Highlights: - Professional office park - Bacchus Office Park - Ideal 4.2D Zoning for General Office - Immediate 5, 405, & 133 Freeway Access - Building Signage facing Bake Pkwy and parking lot - Divisible Suites, by Floor. Furniture and fixtures - most can be included in the sale at a reasonable offer price.

Listed by Patrick Norris | BRE #01934075 | Coldwell Banker Realty
Last checked: 11 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 54
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Home details

Lot Sq. Ft
2,553
HOA Dues
$0/mo
Year built
2007
Garage
--
Property Type:
Office
Status
Active
MLS#
OC24043839
City
Irvine
County
Orange
Time on Site
61 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
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: --

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Property Details for 16500 Bake Parkway

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, Heat Pump
Heating Information
  • Has Heating
  • Central, Forced Air, Heat Pump
Laundry Information
  • None
Interior Features
  • Security Features: Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Guarded, Security System, Wired for Alarm System
Exterior Features
Exterior Information
  • Roof: Asphalt
  • No Fence
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 20
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Parcel Number: 58821240
  • Year Built Source: Seller
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: I-5 to Bake Parkway, Go West Past Irvine Center Dr; Turn Left into Bacchus Office Park Cross Streets: Bake Pkwy and Irvine Center Dr
View more facts & features

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Sale History for 16500 Bake Parkway

Last leased for $11,137 on February 1st, 2019
  • March, 2024

  • Mar 3, 2024

    Date

    Active

    CRMLS: OC24043839

    $2,799,000

    Price

  • February, 2019

  • Feb 5, 2019

    Date

    Leased

    CRMLS: OC18232161

    $11,137

    Price

  • Sep 23, 2018

    Date

    Active

    CRMLS: OC18232161

    $11,137

    Price

  • Listing provided courtesy of CRMLS

    Bacchus Office Park - Fully furnished high image class A building offering a very professional environment with modern colors and décor, perfect for impressing your potential and existing clients. The building has a double-door lobby entrance with a floor-to-ceiling water wall feature. This office space is turn-key with art work and plants already in place! The first floor features a conference room surrounded by glass walls, as well as the water feature from the lobby, and also has an executive office, two open areas for workstations configured with 9 workstations, as well as a large copy/file room. The second floor has two executive-size offices and a large workstation area with 20 high-end workstations. The lobby includes restrooms and a kitchenette with stainless steel refrigerator. No expense was spared when building out this building, including high-end finishes, magnetic lock security system, and Cat 6 internet cabling. The building also offers creative features including full-wall whiteboard space and multi-teared ceilings. Located in the highly desired and convenient Irvine Spectrum area. Immediate 5, 405, & 133 Freeway Access. Building Signage facing Bake Parkway and the parking lot. Zoned as Professional Office Space - Not R&D.

  • May, 2015

  • May 28, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,777,500

    Price

  • February, 2009

  • Feb 2, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 16500 Bake Parkway

Assessed Value (2020): $1,953,362
Year Land Value Improved Value Assessed Value
2020 $1,087,950 $865,412 $1,953,362

Home Value Compared to the Market

This property vs the competition

16500 Bake Parkway is listed 74.94% higher than the median list price for the city of Irvine which has a median list price of $1,600,000. The median price per/sqft for Irvine is $832 and this home is listed at $565.45 per/sqft which puts the price per square foot 32.04% lower than the median price per square foot for the city of Irvine.

About 16500 Bake Parkway

Detailed summary of property

16500 Bake Parkway is a office located in Irvine, CA 92618 and is currently for sale. This office offers -- bedrooms, -- bathrooms, roughly 4,950 living square feet, and sits on an approximately 2,553 square foot lot. 16500 Bake Parkway was first listed on ArdentRealEstateGroup.com on March 4, 2024. The homeowner is currently asking $2,799,000. The median priced home in Irvine is $1,600,000 with a median price per square foot of $832. Based on Ardent Real Estate Group's Irvine Market Data, this home is listed 74.94% higher than the median priced home. Local competing homes currently for sale include 11004 Adoree St, 3765 Elizabeth St and 16072 Arrow Blvd #A. While the average home in Irvine, CA is selling in 47 days, 16500 Bake Parkway has a days on market of 54 days. There are currently 428 homes for sale in the Irvine real estate market and 191 of them are single family homes while 207 of them are condos and 30 are townhomes. For more information on this home for sale at 16500 Bake Parkway Irvine, CA 92618 contact Ardent Real Estate Group and we will put you in touch with one of our Irvine agents.

Public Facts for 16500 Bake Parkway

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
2,554
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
588-212-40

The source for these homes facts are from public records.

92618 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,750,000
Median List Price/Sq.Ft.
$838
Median Sold Price
$1,530,000
Median Sold Price/Sq.Ft.
$822
Total Inventory
134
Median Sale to List Price %
105.52%
Avg Days on Market
14
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (41.67%), Other (8.33%)

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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.