660 Diamond Bar BlvdDiamond Bar, CA 91765

  • Office buildings
  • 25,864 SF
For Sale
$798,000 View listing

Property Details for 660 Diamond Bar Blvd

Year built
1982
Lot size
1.42 AC
Property size (Sq ft)
25,864 SF
Zone code
LCCM*
Property type
Office buildings
APN
8706-002-025
APU
8706002025

Description

This exceptional 1,977 square foot executive office condo, located at 660 N Diamond Bar Blvd, Suite 128, Diamond Bar, CA 91765, presents a unique owner-user opportunity. Priced at $798,000 ($28.65/sq ft), this Class B property boasts a prime location in Los Angeles County, offering convenient access to the 60/57 freeways. Situated within a two-story building constructed in 1982 and extensively renovated between 2014 and 2015, the suite features a highly versatile layout including two large rooms, a tea/coffee bar, and three individual offices. High-end solid maple doors and upgraded sound insulation enhance the professional atmosphere. The suite benefits from first-floor access, providing both front and back entrances, along with security cameras and access to common area bathrooms and a spacious lobby. The property includes 125 parking spaces and is situated on a 1.42-acre lot, zoned LCCM. The building features a modern grand lobby and updated restrooms, ample parking with handicap access, and an attentive management company. This is an ideal space for a smaller company seeking to own its premises, offering a blend of modern amenities and convenient location. The property's multi-tenancy structure and friendly tenant/owner community further enhance its appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,776,463
    6.5%
    $6,255,197
    7%
    $5,808,397
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,606,598
    Geo Method
    $5,022,530
  • Alternative Use

    Use
    Valuation
    Residential
    $7,756,444
    Hospitality
    $7,104,861
    Educational
    $5,911,161
    Medical
    $6,114,455
    Retail
    $9,195,139

Location Insight

City
Diamond Bar
County
Los Angeles
State
California
Latitude
34.0318
Longitude
-117.808
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2016
-
$3,161,938
$1,468,771
$4,630,709
-
-
-
-

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