720 Paularino Avenue

Costa Mesa, CA 92626

$15,000,000

List Price

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1981

calendar_month Built

Property Description

Discover this Rare and Exceptional Two-Story Medical and Surgical Office Building nested in the heart of Costa Mesa! It's the ONLY Commercial Building that has been APPROVED for Medical and Surgical uses for sale on the market in Orange County! The owner spent over 5 million to Completely Renovate the inside and outside in the Year of 2022, using High-End materials, and also Leveled Up the Subterranean Parking to meet the unique requirements of Contemporary Medical Practices. This building features an unparalleled blend of Elegance and Functionality! Each space has been Meticulously Crafted with Designer Touches that elevate Every Corner! Marble Flooring, Custom Designed Walls and Ceilings throughout! The property showcases a range of Modern Amenities as well, such as Elevators, Wheelchair Accessibility, Abundant Free Parking on the Ground Level and Two Sub-Ground Levels, making it fully ADA Compliant! This building currently has the major Long-Term Tenant, signed a 10-Year Lease and two 5-Year Options with 3% Annual Increases. The Tenant is the well-known "Wave Plastic Surgery & Aesthetic Laser Center" and the "Costa Mesa Surgery Center", who occupy 82% of the whole building. The rest of the 18% Leasable Spaces can be either for owner-using or leasing to Multiple Tenants for other business. This building is definitely in a Highly Sought-After Area with close proximity to Major Shopping Centers such as South Coast Plaza, Hotels, Hospitals, John Wayne Airport and easy access to Freeways. It truly represents the workstyle of Unmatched Sophistication and Charm!!! OM will be provided upon signing the Confidentiality Agreement. Video link of the building: https://vimeo.com/1064499312/2a2f67a1d9?ts=0&share=copy

Listing Information

List Price $15,000,000
Status Active
MLS CV25060970
Type Commercial
Subtype Special Purpose
Year Built 1981
Lot Size 27,180
Structure Size N/A
DOM 1
Courtesy Of RE/MAX CHAMPIONS
Listing Agent Jing Chen DRE#01911286

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Central Air
Heating Type
Heating Type Central

Maps

home_work Nearby Properties

Listing information courtesy of: Jing Chen, RE/MAX CHAMPIONS . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 21st, 2025 at 6:12 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.