1437 San Marino AveSan Marino, CA 91108

Property Details for 1437 San Marino Ave

Year built

1962

Construction

TILT-UP CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

5,030 SF

Zone code

SOC1*

Property type

Office properties

Property subtype

Office buildings

APN

5329-026-022

APU

5329026022

Description

This exceptional owner-user opportunity presents a beautifully maintained, two-building office and retail complex ideally situated on San Marino Avenue in the highly desirable city of San Marino, California. The property boasts 4,947 square feet of net rentable space, spread across two stories, and sits on a 0.15-acre lot (APN: 5329-026-022). The main building showcases stunning Spanish Revival architecture, featuring a cream stucco exterior, grand arched wrought iron gated entrance, hand-carved Spanish-style front door, floor-to-ceiling arched windows, and beautiful wrought iron light fixtures. Five convenient outdoor parking spaces are available. The property benefits from excellent visibility and signage opportunities on San Marino Avenue, providing easy access to major thoroughfares like Huntington Drive and Fair Oaks Avenue. The interior is filled with natural light from the three huge arched windows in the main building, and includes a separate free-standing office suite. This property is zoned SOC1 and offers a unique blend of upscale charm and prime commercial location within a quieter, residential setting, making it perfect for a stable or growing business. The asking price is $3,950,000, translating to $798.46 per square foot. This presents a rare chance to own a distinctive and well-positioned property in one of Southern California's most sought-after communities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,347,833

  6.5%

  $1,244,153

  7%

  $1,155,285

• Comparable approach

  Method

  Valuation

  Relative Method

  $952,522

  Geo Method

  $956,505

• Alternative Use

  Use

  Valuation

  Residential

  $1,542,750

  Hospitality

  $1,413,151

  Educational

  $1,175,725

  Medical

  $1,216,160

  Retail

  $1,828,905

Location Insight

City

San Marino

County

Los Angeles

State

California

Latitude

34.1225

Longitude

-118.107

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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