$2,800,000
●
Commercial -
Off Market
28 Hammond #C
Irvine, CA 92618
Studio
0 Bath
$14,731
Est. Monthly
About This Property
Ideal for owner-users, this office/flex condominium within the city
of Irvine's East pointe business park offers exceptional image,
design and location with its high-image finishes, flexible layout,
amenity-rich location and immediate proximity to the Irvine
spectrum, I-5, and I-405 freeways, 7.321/1000SF parking radio.
Unit Size
-
Days on Market
330 days
Land Size
2.07 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #TR24111581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Price Decreased |
$3,000,000
↓ $200K
(6.3%) | |
| Price Decreased | |||
| Nov 8, 2024 | Price Decreased |
$3,200,000
↓ $200K
(5.9%) | |
| Price Decreased | |||
| Oct 9, 2024 | Relisted | $3,400,000 | |
| Relisted | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Laundry Features: None
Exterior Details
Square Footage Source: $0
Year Built: 1992
Building Area Total: 7759
Building Area Units: Square Feet
Construction Materials: Concrete
Lot Features: StreetLevel
Lot Size Area: 2.07
Lot Size Units: Acres
Lot Size Acres: 2.07
Lot Size Square Feet: 90169.2
Lot Size Dimensions: 90169 sf
Water Source: Public
Utilities Details
Cooling Type: Central Air
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/01/2024
|
Loft
|
-
|
-
|
$3,500,000
Loft
-
|
$2,800,000
-20.00%
04/28/2025
|
Meiling Wan
Signature One Realty Group, Inc
|
Building Info
About Irvine Industrial Complex-East
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Listed by: Chris Saunders, Signature One Realty Group, Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24111581
Last Updated: 2 years ago
Data Source: CRMLS, MLS# TR24111581
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