Description

1515 East Orangewood Avenue presents a rare turnkey investment opportunity in the heart of Anaheim’s dynamic office market. This fully vacant, four-story office building offers 84,980 square feet of flexible workspace, ideal for owner-occupiers or value-add investors seeking immediate scale. Priced at $10,000,000—or just $118 per square foot—this asset delivers exceptional cost basis and upside through repositioning or absorption of market rents.

Sited on a generous 1.7-acre parcel, the property features 300 on-site parking stalls (3.53/1,000 SF), providing premium accessibility for tenants and visitors. Constructed in 1987, the building’s robust infrastructure accommodates a range of uses including co-working, creative studios, executive suites, medical offices and R&D/life sciences. With full 0% occupancy today, new ownership can tailor the entire floor stack to maximize rental income and capture strong tenant demand.

Strategically located just minutes from Interstate 5 and State Route 91, 1515 East Orangewood Avenue benefits from seamless connectivity to Orange County’s major employment centers, the Anaheim Convention Center and the Disneyland Resort. Surrounded by a diverse amenity base—retail, dining and hospitality—this asset sits at the crossroads of Southern California’s most sought-after office submarkets. Investors will appreciate the combination of high-visibility frontage and easy freeway access, positioning the property for sustained leasing momentum and long-term capital appreciation.