721 E Imperial Hwy, Brea, CA 92821
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721 E Imperial Hwy Brea, CA 92821

$2,500,000 Sold Price as of 02/17/2022
  • -- Beds
  • -- Baths
  • 3,579 Sq.Ft.
Sold
$2,500,000 Sold Price as of 02/17/2022 Refinance Your Mortgage

Map preview of 721 E Imperial Hwy, Brea, CA 92821

Property Overview: 721 E Imperial Hwy Brea, CA has -- bedrooms, -- bathrooms, 3,579 living square feet and 17,636 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2 units of free standing retail property in Brea is for sale. Excellent location on Imperial Hwy and east of Brea Blvd. corner lot, high identity location Total building size is 3,579 sf . The lot is 17,636 sf. GOOD for the owner-user:2,229 sf space is available and 1,350 sf of the tenant is occupied!!!

Listed by Kee Woon Lee | BRE #01077991 | New Star Realty & Investment
Last checked: 2 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
17,636
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Sold
MLS#
PW21229550
City
Brea
County
Orange
Time on Site
912 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: --

Property Details for 721 E Imperial Hwy

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 31931407
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Brea Blvd and on Imperial Hwy
View more facts & features

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Sale History for 721 E Imperial Hwy

Last sold for $2,500,000 on February 17th, 2022
  • March, 2022

  • Mar 1, 2022

    Date

    Expired

    CRMLS: PW21229547

    $7,059

    Price

  • Oct 16, 2021

    Date

    Active

    CRMLS: PW21229547

    $7,059

    Price

  • Listing provided courtesy of CRMLS

    2,229 sqft of retail or office space in the heart of Brea City, Good location Located on Imperial Hwy east of Brea Blvd. Good for the office or retail use. Also the property is for sale!!! Please call the listing agent for details...

  • February, 2022

  • Feb 17, 2022

    Date

    Sold

    CRMLS: PW21229550

    $2,500,000

    Price

  • Oct 16, 2021

    Date

    Active

    CRMLS: PW21229550

    $2,500,000

    Price

  • March, 2021

  • Mar 16, 2021

    Date

    Expired

    CRMLS: PW20187462

    $7,059

    Price

  • Sep 9, 2020

    Date

    Active

    CRMLS: PW20187462

    $7,059

    Price

  • Listing provided courtesy of CRMLS

    2,229 sqft of retail or office space in the heart of Brea City, Good location Located on Imperial Hwy east of Brea Blvd. Good for the office or retail use.

  • June, 2018

  • Jun 1, 2018

    Date

    Canceled

    CRMLS: OC17188128

    $6,244

    Price

  • Aug 15, 2017

    Date

    Active

    CRMLS: OC17188128

    $6,244

    Price

  • Listing provided courtesy of CRMLS

    Excellent corner location, zoned for general retail, located at 721 E Imperial Hwy, Brea Ca. This is one of the most traveled location in Brea. There are 2 attached commercial units with this being the largest boasting approximately 2230 sq ft. Private bathroom. The stand alone building was totally remodeled in 2006 and in excellent condition. This unit comes with 11 parking spaces. Very close to the Brea Mall and the 57 Fwy. 5 year lease (NNN) will be available March 1, 2018. .NNN=$1,115.00 additional per month.

  • March, 2005

  • Mar 24, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,410,000

    Price

  • October, 1999

  • Oct 6, 1999

    Date

    Sold (Public Records)

    Public Records

    $910,000

    Price

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Tax History for 721 E Imperial Hwy

Assessed Value (2020): $1,943,297
Year Land Value Improved Value Assessed Value
2020 $1,127,112 $816,185 $1,943,297

Home Value Compared to the Market

This property vs the competition

721 E Imperial Hwy sold on February 17, 2022 for 160.96% higher than the current median sold price for the city of Brea which is $958,000. The median sold price per/sqft for Brea is $561 and this home is sold at $698.52 per/sqft which puts the price per square foot 24.51% higher than the current median sale per square foot for the city of Brea.

About 721 E Imperial Hwy

Detailed summary of property

721 E Imperial Hwy is a retail that recently sold in Brea, CA 92821. This retail property offered -- bedrooms, -- bathrooms, roughly 3,579 living square feet, and sits on an approximately 17,636 square foot lot. 721 E Imperial Hwy was first listed on ArdentRealEstateGroup.com on October 16, 2021. The homeowner sold the property for $2,500,000. Home in Brea are selling for a median price of $958,000 and a median price per square foot of $561. Based on Ardent Real Estate Group's Brea Market Data, this home is sold 160.96% higher than the current median priced home. Local homes that are currently for sale include 7320 N Figueroa St, 1540 South Coast Highway #102 and 9741 Magnolia Ave. While the average home in Brea, CA is selling in 44 days, 721 E Imperial Hwy has a days on market of 47 days. There are currently 42 homes for sale in the Brea real estate market and 35 of them are single family homes while 5 of them are condos and 2 are townhomes. For more information on this home for sale at 721 E Imperial Hwy Brea, CA 92821 contact Ardent Real Estate Group and we will put you in touch with one of our Brea agents.

Public Facts for 721 E Imperial Hwy

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
17,878
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Orange
Lot#
30
APN
319-314-07

The source for these homes facts are from public records.

92821 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$949,000
Median Sold Price/Sq.Ft.
$554
Total Inventory
36
Median Sale to List Price %
103.72%
Avg Days on Market
17
Loan Type
Conventional (56.25%), FHA (0%), VA (6.25%), Cash (12.5%), Other (25%)

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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.