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2602 Mcgaw Avenue, Irvine, CA 92614

Commercial property

2602 Mcgaw Avenue, Irvine, CA 92614 Sold March 2023 CRMLS
$11,000,000Sold March 2023

Listing Agent: Cindy Chin (DRE #01921826) · Listing Office: Cindy Chin Realty · Contact: 877-622-7789 · Bought with: NONE NONE · None MRML · MLS #OC20241627 · Source: CRMLS

169,030
Building Sq Ft
363,937 sqft
Lot Size
2022
Year Built
Commercial property
Type

About this commercial property

Exclusively presenting Blue Bay – a 120-unit luxury condominium development opportunity. Designed by MVE Partners, Blue Bay will consist of a multi-story residential building comprised of five (5) levels of apartment units with a full array of amenities for residents, along with two (2) levels of above-grade parking and one (1) partial level of subterranean parking.? Blue Bay is going to be an iconic landmark structure in the heart of the Irvine Business Complex (IBC) area, with its unique modern design, large pool deck with a spa, a lush landscape deck atop the parking garage, an open courtyard in the center of the building, and a roof garden. Blue Bay will also be the only mid-rise condominium project located in the renowned Irvine School District. It’s only one block away from Diamond Jamboree Shopping Center and two blocks away from The District Shopping Center; minutes away from the South Coast Plaza, John Wayne Airport, University of California Irvine, University High School, Ranch 99 Market Center, Fashion Island Shopping Center, Pelican Hill Golf Resort and Newport Beach. It is classified as Irvine Unified School District and close to the intersection of Alton Parkway and Jamboree Road, both of which are the main streets in Irvine. It also has easy access to I-405, I-5, 73, 55, and 124 - the perfect spot for commuters.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$11,000,000
Sold March 2023 · orig. $15,000,000, on market November 2020 · MLS #OC20241627 · Source: CRMLS
Listing Agent: Cindy Chin · Listing Office: Cindy Chin Realty · Contact: 877-622-7789 · Bought with: NONE NONE · None MRML
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