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
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