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3057 Edinger Avenue

Eric Baker MD DDS Acquires Medical Office Condo In Tustin For $3.8M From Angeli Vinit LLC
SOLDMedical Office

Eric Baker MD DDS Acquires Medical Office Condo In Tustin For $3.8M From Angeli Vinit LLC

3057 Edinger Avenue

$3,800,000

$826/SF

Building Size

4,600 SF

Asset Type

Medical Office

Closing

Jul 23, 2025

AI

A medical office property located at 3057 Edinger Avenue in Tustin, CA has been sold for $3,800,000. The asset covers a total area of 4,600 square feet, equating to a price per square foot of $826. This turnkey dental office condo features five treatment rooms and high-end equipment, and it includes a transferable CUP in the burgeoning Tustin Legacy area.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $3,800,000
  • Square Footage: 4,600
  • Address: 3057 Edinger Avenue
  • Market: Tustin
  • Buyer: Eric Baker, MD, DDS
  • Seller: Angeli Vinit LLC
  • Broker: John Manion - NAI Capital
  • Price per Square Foot: $826

The transaction involved key stakeholders, with Eric Baker, MD, DDS acquiring the property from Angeli Vinit LLC. The deal was facilitated by John Manion from NAI Capital, emphasizing the active role of brokerage in the successful completion of this transaction.

Players

John Manion

NAI Global

Broker

$13M

vol

3 deals

Broker
NAI Global
NAI GlobalBrokerage

Tustin Medical Office Market Snapshot

Boundary boundary · Medical Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93