1962 N Glassell St, Orange, CA 92865

Property Website: https://www.gary-martinez.com/1962glassell

Address: 1962 N Glassell St, Orange, CA 92865

Property Size: The size of the structure in the front is about 1,429 square feet. The barn in the back is about 840 square feet. The measurements of the barn are approximately 35'x24'.

Number of Structures There are two structures on the property.

Historical: The structures are historical. There may be some tax credits available through The Mills Act, which needs to be explored more.

APN: 374-671-04

Property Availability: The property is currently in escrow.

Buyer Contingency: Buyer's Contingencies are scheduled to expire May 2, 2024.

Expected Close Date: Escrow is expected to close by June 3, 2024

How Escrow is Going: Escrow seems to be going well. The seller is open to back up offers.

Environmental Condition: We always recommend a Buyer conduct their own investigation. Gary Martinez has additional information that he can share with you.

Existing Tenant: Rick’s Truck Work’s is the existing tenant. From what we understand, the business has been here since 1998.

Closing of Escrow: Seller plans to deliver the property vacant.

Title: We always recommend a Buyer conduct their own investigation. In the meantime, there doesn't appear to be any issues with title. Gary Martinez has additional information that he can share with you.

Property Condition: The structures were built in 1922 and there is a lot of deferred maintenance.

Existing Lease Term: The existing lease term is currently on a month-to-month tenancy.

Can the structures be demolished: We talked to the city about this, and because the structures are historical, the city would like the stuctures to be restored and maintained