Rare Tustin–near Irvine opportunity to own a permitted office space or redevelop a versatile R3-zoned property offering multiple exit strategies and immediate income potential. Perfect for owner-users, investors, or developers seeking future redevelopment upside in a high-demand corridor. Currently operating as a professional office since 1980 (improved 2020), but zoned for high-density residential including ADU, multi-family, condos, or townhomes. Perfect for owner-users needing premium office space TODAY, investors seeking cash flow with future upside, or developers analyzing infill opportunities.
Shovel-Ready Infrastructure: Plumbing and utilities already in place for two bathrooms + full kitchen, dramatically reducing conversion costs. Turnkey for immediate professional use or ready for residential/mixed-use transformation with zoning that allows multi-family, condo, townhome, ADU, or mixed-use development. This high-visibility location on Red Hill Ave near the I-5 Freeway is ideal for a wide range of top-performing professionals seeking a corporate home, including: Law, CPA, Medical, Dental, Therapy, Chiropractic, Physical Therapy, Mental Health, Architecture, Engineering, Real Estate, Mortgage, Insurance, Financial Planning, Marketing, Consulting, Creative, Photography, Design Studios, Tech Startups, Insurance Agencies, Tech Consultants, Financial Planners, Private Tutors, MedSpa, owner-user investors, any professional seeking a private stand-alone office and/or developers, and small multifamily builders seeking future redevelopment upside in a high-demand corridor.
Multiple paths to profit: Owner-users build equity while deducting expenses | Investors lease now, redevelop later | Developers maximize R3 density for multi-family/condo projects | Live/work buyers convert to residence + ADU income. R3 zoning in high-demand Tustin corridor with infrastructure in place = reduced risk, faster returns, proven exit strategies!
The income description goes here to explain
| List Price | $925,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 5 spots |
| Year Built | 1938 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 50008221 |
| MLS # | OC25248625 |
| Property ID | 294654309 |
| Lot Sqft | 5,750 |
| Zoning | R3 |
| Days on Market | 129 |
| Original List Price | $875,000 |
| Date Updated | February 17, 2026 |
| Date Created | October 16, 2025 |
Financials not available online. Please inquire with your agent for more details.
Zoran Grujevski an agent of . Lic #02069559
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 17, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT