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8697 Research Drive, Irvine, CA 92618

Commercial property

8697 Research Drive, Irvine, CA 92618 Sold October 2026 CRMLS
$4,600,000Sold October 2026

Listing Agent: Gerald Leonard (DRE #00600803) · Listing Office: Coastal Elite Real Estate, Inc. · Contact: 949-289-2674 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #OC26099049 · Source: CRMLS

10,325
Building Sq Ft
36,948 sqft
Lot Size
Commercial property
Type

How this sale compares

8697 Research Drive sold for $4,600,000 in October 2026, 8.0% under its $5,000,000 list price, after 56 days on the market. It was first listed at $5,200,000.

56
Days on market
−8.0%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

This is a free-standing single tenant investment property located in the prestigious Irvine Spectrum area of Irvine. Retail business, restaurants and the Irvine Spectrum Shopping center are located within walking distance. This building in located with immediate Access to I-405, I-5, SR-133 and SR-73 and minutes away from Laguna Beach, Fashion Island, Tustin Marketplace and John Wayne Airport. his property is suitable for light industry, R&D, and warehousing. At the front building entrance there is a large reception area off of which there are office spaces. Down the hallway, there are additional rooms suitable for offices or storage. Adjacent to this is a large Showroom/Assembly/R&D Area measuring approximately 58' wide x 55' deep with 12' tall lighted acoustic ceilings. At the rear of the building is a warehouse measuring approximately 52' x 38' with 30' ceilings and 2 corrugated roll-up doors, each approximately 8' wide x 12' high. On the second floor (accessed off the front reception area) there are additional rooms suitable for offices or additional storage.

Listing description from the October 2026 sale, as reported to CRMLS.

Sale history

$4,600,000
Sold October 2026 · listed $5,000,000, orig. $5,200,000, on market May 2026, 56 days on market · MLS #OC26099049 · Source: CRMLS
Listing Agent: Gerald Leonard · Listing Office: Coastal Elite Real Estate, Inc. · Contact: 949-289-2674 · Bought with: General NONMEMBER · NONMEMBER MRML
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