623 Duarte RdArcadia, CA 91007

Property Details for 623 Duarte Rd

Year built

1961

Construction

TILT-UP CONCRETE

Lot size

0.76 AC

Property size (Sq ft)

11,371 SF

Zone code

ARC2YY

Property type

Healthcare properties

Property subtype

Medical offices

APN

5778-007-014

APU

5778007014

Description

This exceptional opportunity presents two available ground-floor office/medical suites, ranging from 657 to 950 square feet, within a well-maintained professional office building at 623 W. Duarte Rd. The building features a beautiful interior courtyard and is conveniently located near various retail amenities, ensuring easy access for both staff and clients. Each suite benefits from convenient access via both elevator and stairs. The property boasts abundant parking, making it highly attractive for employees and visitors alike. Built in 1961, this Class C building offers a total of 11,371 square feet across two stories and five suites, providing a versatile and adaptable space for a variety of medical or commercial uses. The property's location, combined with its ample parking and well-maintained grounds, creates a professional and welcoming environment. The available suites offer a chance to establish or expand a business in a convenient and affordable setting. The Assessor's Parcel Number (APN) is 5778-007-014. This is a multi-tenant building offering a prime location for businesses seeking a blend of convenience, affordability, and quality.

• CAP approach

  CAP return

  Valuation

  6%

  $4,005,231

  6.5%

  $3,697,136

  7%

  $3,433,055

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,942,017

  Geo Method

  $2,162,309

• Alternative Use

  Use

  Valuation

  Residential

  $4,584,450

  Hospitality

  $4,199,331

  Educational

  $3,493,794

  Medical

  $3,613,951

  Retail

  $5,434,790

Location Insight

City

Arcadia

County

Los Angeles

State

California

Latitude

34.1272

Longitude

-118.052

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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