464 Bonita AveSan Dimas, CA 91773
- Office properties
- 5,000 SF
Property Details for 464 Bonita Ave
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 0.36 AC
- Property size (Sq ft)
- 5,000 SF
- Zone code
- SDAP*
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 8390-014-025
- APU
- 8390014025
Description
This exceptional 5,343-square-foot executive office building, located at 464 E Bonita Ave in San Dimas, California, presents a compelling investment opportunity. Built in 1980, this two-story building sits on a 0.36-acre lot and boasts a prominent Bonita Avenue frontage, ideal for signage and branding. The property is zoned AP and offers ample parking with 24 spaces, including covered options. The asking price is $2,000,000, translating to $374.32 per square foot. The entire building is available as a single tenancy, providing a unique opportunity for a single occupant or a company seeking to consolidate operations. Its strategic location offers excellent access to major freeways, including the 10, 57, and 210, ensuring convenient commutes for employees and clients. The property's proximity to downtown San Dimas provides easy access to local amenities and services. The building's 5,343 square feet of net rentable space offers flexibility for various office configurations. The property's APN is 8390014025. This is a rare opportunity to acquire a well-located, substantial executive office building in the desirable San Dimas market. The property is currently owned by Formica Craig T and Formica Deanna M.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,245,321
- 6.5%
- $1,149,527
- 7%
- $1,067,418
-
Comparable approach
- Method
- Valuation
- Relative Method
- $847,753
- Geo Method
- $950,800
-
Alternative Use
- Use
- Valuation
- Residential
- $1,425,414
- Hospitality
- $1,305,671
- Educational
- $1,086,303
- Medical
- $1,123,663
- Retail
- $1,689,805
Location Insight
- City
- San Dimas
- County
- Los Angeles
- State
- California
- Latitude
- 34.1063
- Longitude
- -117.799
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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