425 W Bonita Avenue, San Dimas, CA 91773 - Berkshire Hathaway HomeServices California Properties

425 W Bonita Avenue, San Dimas, CA 91773

$2,890,000 Approx. USD 0 beds, 0 baths

Listing Agent


Samuel Flores Reyes | sam@puremotivere.com
Lic#: 01951853
Broker: Courtesy of PureMotive Realty Inc.

Agent Remarks

We are excited to present a bulk sale opportunity for 17 well-maintained commercial condos located in the prestigious Plaza Del Rancho building at 425 W Bonita Avenue, San Dimas, CA 91773. This property is situated in a highly sought-after area of San Dimas, which is currently undergoing significant development, including the construction of a new Gold Line train station nearby. This upcoming transit improvement is expected to greatly enhance connectivity and ease of commute, making the property even more attractive to potential tenants and investors. The Plaza Del Rancho building has been meticulously maintained by the current owner, who has ensured that all necessary repairs have been completed to keep the building in great condition. The owner has also managed building expenses effectively, keeping them to a minimum while setting rental rates at market-reasonable levels. This strategic approach helps to optimize profitability and ensures that the units remain competitive in the market. This portfolio sale represents a unique investment opportunity in a growing and strategically located area. The combination of well-maintained units, relatively low operating expenses, and the anticipated benefits of nearby transit improvements make this property a valuable asset for investors seeking stable returns and future growth potential.

Listing Details

Property type: Office (Commercial)
Status: Active
MLS# AR24202592
List price is $2,890,000 Reduced by $60,000 on 1/17/2025
Price: $2,890,000
Built in 1980
0.90 acres
Lot size: 0.9016
County: Los Angeles
Lot description: Rectangular Lot
Heating/cooling: Central Air
Heating description: Central
MLS area: 689 - San Dimas

Last Updated: 1/17/2025

 Days On Market (DOM): 222

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This listing belongs to the 689 - San Dimas MLS area

Lat/Long: 34.107079, -117.814935.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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