Active
425 W Bonita Avenue
San Dimas CA, 91773
$2,950,000
$319.71 per sqft
Active
9,227 sqft
Commercial
Built in 1980
Listed by Samuel Flores Reyes with PureMotive Realty Inc. 6265569500
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 seeking stable returns and future growth potential.
AR24202592
MLSⓇ ID
September 30, 2024
Listed
October 19, 2024
Updated
Map
425 W Bonita Avenue
San Dimas CA, 91773
Interior Features
Total Stories
2
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.9 Acres
Lot Features
Rectangular Lot
Other Property Details
Area Name
689 - San Dimas
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Listing Contact: 626-556-9500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/19/2024 at 3:14 PM UTC