431 Baseline RdClaremont, CA 91711

Property Details for 431 Baseline Rd

Year built

1965

Construction

TILT-UP CONCRETE

Lot size

0.97 AC

Property size (Sq ft)

9,317 SF

Zone code

CLRS13000

Property type

Office properties

Property subtype

Office buildings

APN

8670-010-025

APU

8670010025

Description

This exceptional 9,317 square foot office building in Claremont, CA, presents a lucrative investment opportunity. Located at 431 Baseline Road, this fully leased property boasts a prime location with excellent freeway access via the nearby 210 freeway and prominent Baseline Road frontage. The building offers nine private offices, a spacious bullpen area, and ample parking at a ratio of 4 spaces per 1,000 square feet. Ideal for investors seeking a stable, high-return asset, the property includes valuable amenities such as three ADA-compliant restrooms, a convenient kitchenette, a dedicated conference room, a reception area, and two sizable storage warehouses equipped with roll-up doors. Its strategic location places it within easy reach of the vibrant Claremont Village, the prestigious Claremont Colleges, and the serene Claremont Wilderness Park, offering employees and tenants a desirable work environment and convenient access to amenities. The 0.97-acre lot provides ample space and potential for future expansion or development. The asking price is $3,900,000. This is a rare opportunity to acquire a high-quality, fully leased office building in a sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,320,531

  6.5%

  $2,142,029

  7%

  $1,989,027

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,579,703

  Geo Method

  $1,771,721

• Alternative Use

  Use

  Valuation

  Residential

  $2,656,116

  Hospitality

  $2,432,988

  Educational

  $2,024,217

  Medical

  $2,093,833

  Retail

  $3,148,782

Location Insight

City

Claremont

County

Los Angeles

State

California

Latitude

34.122

Longitude

-117.721

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].