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2602 Mc Gaw Avenue

2602 Mc Gaw Avenue, Irvine, CA 92614
2602 Mc Gaw Avenue in Irvine, CA was first built in 1977 and is 47 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a industrial property type. It is a single story home. 2602 Mc Gaw Avenue has 24,500 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 80,738 square feet.

Learn more about the property and building on this page. The home has a flat style roof. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as poor. The exterior walls of the home are made of tilt-up (pre-cast concrete). Walk into the home itself and you'll find that it is currently being cooled with an office only air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2602 Mc Gaw Avenue sold most recently in Mar 9, 2023 for a total of $10,700,000. If you work out the math, that's approximately a cost of $436.73 per sqft. Before that, the property was also sold for $9,000,000 in Dec 15, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $102,576 in taxes each year. The initial year of tax delinquency occurred in 2023. 2602 Mc Gaw Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,842,814. If we break it down further, the land itself was valued at $8,803,852. Improvements to the property, however, were assessed at a total of $1,038,962. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Concrete
  • Exterior Walls Type: Tilt-up (pre-cast concrete)
  • Roof Shape Type: Flat
  • Floor Count: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 80,738
  • Total Building Area: 24,500
  • Gross Building Area: 24,500
  • Building Area: 24,500
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Office only air conditioning
  • Heating: unknown
  • Heated Square Feet: 24,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: TRACT NO. 7814
  • Land Acres: 1.854
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: N TR 7814 BLK LOT 9 TR 7814 LOT 9 POR OF LOT

Ownership

  • Current Owner : TA PARTNERS APARTMENT FUND IV LLC
  • Previous Owner : NATURA CITY LLC
  • Owner Before Previous Owner: MCGAW PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 075516

Zoning

  • Zoning: M

Geography

  • Assessors Map Reference: 28-E3
  • Subdivision Tract Number: 7814
  • Parcel: 435-053-18
  • Lot: 9
  • Latitude: 33.6867
  • Longitude: -117.837

    Address

  • Full Address: 2602 Mcgaw Ave
  • Address - House Number: 2602
  • Address - Street Name: Mcgaw
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Irvine
  • Carrier Code: C037
  • 4-Digit Zip Code: 5840
  • Zip Code: 92614

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $102,576
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 26-011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,200,000
  • First Open Lien Mortgage Lender: NATURA CITY LLC
  • First Open Lien Mortgage Recording Date: Mar 13, 2023
  • First Open Lien Mortgage Loan Amount: $8,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Mar 13, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,842,814
  • Assessed Land Value: $8,803,852
  • Assessed Improvements Value: $1,038,962

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 13, 2023
  • Current Sale Transaction ID: 11903561741
  • Current Sale Price: $10,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 56519
  • Previous Sale Recording Date: Dec 19, 2017
  • Previous Sale Contract Date: Dec 15, 2017
  • Previous Sale Amount: $9,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATURA CITY LLC
  • First Mortgage Transaction Date: Mar 13, 2023
  • First Mortgage Loan Amount: $8,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 2602 Mc Gaw Avenue located in?
The 2602 Mc Gaw Avenue is a commercial located in the neighborhood of Irvine Business Complex in Irvine Business Complex, Irvine.
What is the average sales price for listings in 2602 Mc Gaw Avenue?
The average sales price for units in 2602 Mc Gaw Avenue is $0 currently.

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