425 W Bonita Avenue Active

San Dimas,CA 91773

$ 2950000

- Bed

- Bath

9227 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 9,227 sqft

Price per Sqft $319

MLS Listing ID CRAR24202592

Year Built 1980

Lot Size 0.902 Acres

Property Description

We are excited to present a bulk sale opportunity for 17 well-maintained commercial condos located in the prestigious Plaza Del Rancho building at 425 W Bonita Avenue, San Dimas, CA 91773. This property is situated in a highly sought-after area of San Dimas, which is currently undergoing significant development, including the construction of a new Gold Line train station nearby. This upcoming transit improvement is expected to greatly enhance connectivity and ease of commute, making the property even more attractive to potential tenants and investors. The Plaza Del Rancho building has been meticulously maintained by the current owner, who has ensured that all necessary repairs have been completed to keep the building in great condition. The owner has also managed building expenses effectively, keeping them to a minimum while setting rental rates at market-reasonable levels. This strategic approach helps to optimize profitability and ensures that the units remain competitive in the market. This portfolio sale represents a unique investment opportunity in a growing and strategically located area. The combination of well-maintained units, relatively low operating expenses, and the anticipated benefits of nearby transit improvements make this property a valuable asset for investors s

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Building

Water Public

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