Lynn Munger Perry

Brea CA Real Estate & Commercial for Sale

2 Properties Found

The median home value in Brea, CA is $865,000. This is higher than the county median home value of $815,000. The national median home value is $277,796. The average price of homes sold in Brea, CA is $865,000. Approximately 62% of Brea homes are owned, compared to 34% rented, while 3% are vacant. Brea real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Brea real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
8,600
Status:
Active
MLS#:
PW21039085
Type:
Retail
Lot size:
3.68 Acres
Courtesy: Kevin Fox - T.N.G. Real Estate Consultants
View additional info

Fantastic Commercial opportunity. Perfect build site for a private school, church site, childcare center, car wash, wedding venue, large restaurant. Currently used for various retail businesses!

Beds:
n/a
Baths:
Sq.Ft.:
15,000
Status:
Active
MLS#:
PW20227092
Type:
Mixed Use
Lot size:
0.74 Acres
Year built:
1974
Courtesy: Ed Diaz - Vanguard Property Group
View additional info

*New Price/5.7 CAP & 5.65% COC Scheduled Actual Rents/$266 CPSF* Brea Park Plaza boasts a dynamic, vibrant and irreplaceable commercial/retail location just south of the Brea Mall and approx. 1/8 of a mile from the 57 freeway on/off-ramp. With approx. 230 ft of frontage on State College Blvd, ample signage and high traffic counts, it offers tenants extremely high visibility. It is comprised of retail space (first 2 floors) and office space (3rd floor) - all of which is elevator served. There is ample parking with 41 onsite spaces and generous on-street parking. Brea Park Plaza enjoys a diverse, internet-resistant tenant mix of 16 tenants in the following trades: hair & beauty, chiropractic, pet groomers, financial/CPA and general office. The subject property has undergone numerous and extensive capital improvements including: new title 24 energy efficient foam roof (2020), new parking lot with complete excavation and replacement of asphalt, new exterior paint and numerous heating and AC upgrades and replacements. It offers the savvy operator significant rental upside upon renewal or re-leasing. The adjacent commercial property to the north is undergoing a major renovation with sites leased to strong regional/national tenants including: In & Out Burger, Fogo de Chao Steak House, Active, Bank of the West etc with lease rates around $4 per sq ft. Brea Park Plaza offers the experienced investor a stable, well-located investment with significant upside and an irreplaceable location.

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