124 1St AveArcadia, CA 91006

Property Details for 124 1St Ave

Year built

1992

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

3,201 SF

Zone code

ARM1*

Property type

Office properties

Property subtype

Office buildings

APN

5773-011-060

APU

5773011060

Description

This exceptional 1,066 square foot executive office suite is ideally located at 124 N First Ave in Arcadia, California, 91006. The property, situated in Los Angeles County, offers a single, spacious suite perfect for a variety of businesses. The entire 1,066 square feet is currently vacant and ready for immediate occupancy. The suite is designated as a Multiple Tenancy property, although currently only one suite is available. Three reserved parking spaces are included at no additional cost, providing convenient parking for employees or clients. This presents a rare opportunity to secure a well-appointed office space in a desirable Arcadia location. The property's address is easily accessible and benefits from excellent visibility. The building's size and layout are well-suited for a business seeking a professional and efficient workspace. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing for a quick and seamless move-in process. The property is available for lease and offers a fantastic opportunity for businesses seeking a prestigious address in a thriving community. Interested parties are encouraged to inquire promptly to secure this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $857,736

  6.5%

  $791,756

  7%

  $735,202

• Comparable approach

  Method

  Valuation

  Relative Method

  $606,168

  Geo Method

  $608,702

• Alternative Use

  Use

  Valuation

  Residential

  $981,778

  Hospitality

  $899,303

  Educational

  $748,210

  Medical

  $773,942

  Retail

  $1,163,882

Location Insight

City

Arcadia

County

Los Angeles

State

California

Latitude

34.1419

Longitude

-118.028

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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