232 Harrison AveClaremont, CA 91711

Property Details for 232 Harrison Ave

Year built

1895

Construction

WOOD

Lot size

0.26 AC

Property size (Sq ft)

3,759 SF

Zone code

CLCV*

Property type

Office properties

Property subtype

Office buildings

APN

8313-016-012

APU

8313016012

Description

This exceptional 4,000 square foot commercial property, located at 232 Harrison Avenue in the heart of downtown Claremont, California, presents a rare opportunity to own a piece of history. Built in the early 20th century, this charming building retains its original architectural character, featuring exquisite woodwork, high ceilings, and vintage fixtures meticulously preserved during a 2017 renovation. Large windows bathe the interior in natural light, showcasing the beautifully restored hardwood floors. The extensive 2017 renovation included a complete overhaul of the electrical and plumbing systems, installing new copper plumbing and wiring. The property also boasts a newly constructed basement, a fresh deck, and updated concrete footings for the main structure. New pavers enhance the driveway and parking area. The 0.26-acre lot provides ample space. Its prime downtown location offers unparalleled access to Claremont's vibrant shops, restaurants, and cultural attractions, making it ideal for a variety of commercial ventures. This property seamlessly blends historical charm with modern conveniences, presenting an exceptional investment opportunity. The combination of historical significance, recent renovations, and a desirable location makes this a truly unique offering.

• CAP approach

  CAP return

  Valuation

  6%

  $936,232

  6.5%

  $864,214

  7%

  $802,485

• Comparable approach

  Method

  Valuation

  Relative Method

  $637,341

  Geo Method

  $726,887

• Alternative Use

  Use

  Valuation

  Residential

  $1,071,626

  Hospitality

  $981,604

  Educational

  $816,683

  Medical

  $844,770

  Retail

  $1,270,395

Location Insight

City

Claremont

County

Los Angeles

State

California

Latitude

34.0983

Longitude

-117.717

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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