Commercial for Sale, California | Page 5 -001-11-30T00:00:00-08:00
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Apple Valley, 22230 Ottawa Road

Price: $4,499,000
Type: Specialty
Property Size: 43,050
Year Built: 1989
ZIP: 92308
Description: INVESTOR’S DELIGHT! A 30-year NNN lease w / tenant option to purchase at $6.5M on 6th year—07/01/2020. Tenant is a non-profit Christian School founded in 1976 (41 years ago) which covers Daycare, Preschool and K-12 grade students. Since opening at this location on 07/01/2014, student enrollments have increased and continues to climb in both local and foreign exchange students. Current monthly lease income is approx. $23k however, an savvy investor with foreign contacts could increase that ROI by assisting the tenant in increasing its foreign exchange student population. On 10/01/2014, the appraisal came in at $4,540,000.00. With approx. 8% per year market increases, the current valuation should be approximately $5.2M.

Artesia, 18500 Pioneer Boulevard

Price: $4,450,000
Type: Mixed Use
Property Size: 8,530
Year Built: 1992
ZIP: 90701
Description: Commercial Mixed Use Property-Retail and Offices – Located in the heart of Artesia! Consists of four Retail Spaces, five Office Spaces and another possible Three Office Spaces.

El Monte, 3225 Tyler Avenue

Price: $4,398,000
Type: Mixed Use
Property Size: 16,217
Year Built: 1948
Description: Offered for sale, is a 16,217 sq. Ft. 3-story Class-C building constructed in 1948 and situated on (4) four contiguous parcels totaling 22,037 sq. Ft. 37 on-site parking spaces. Zoning is El Monte EMC2* with a Use Code of Store / Office (Mixed Use). The current Conditional Use Permit in place allows for Special Purpose Office, School and Dormitory use. Current use of the first floor is (3) separate spaces for Administrative Offices, School Library, Meeting Rooms, Utility Rooms and Restrooms. The second story, Classrooms, Private Offices, Dormitory, Restrooms, Showers and Dormitory Kitchen / Cafeteria / Lounge area. The third story is Dormitory use with roof-top recreational and utility use. Access provided is ground level entries at front and rear of building, exterior stairway to second and third floor, interior stairway and elevator* to second and third floors. All floors equipped with fire sprinkler system. Potential future use among others include; Special Purpose School / Dormitory, Retail / Office, Senior Care, Medical Services and Special Mixed Use, all of which will require a new Conditional Use Permit. The immediate Locale highlights strong employment and population density, established and on-going new development, multiple senior housing projects, multi-family and new housing projects, all of which are very favorable to the existing and future use of the subject property. A chance to own something very special in a great location!

Fontana, 16933 Sierra Lakes

Price: $4,380,000
Type: Retail
Property Size: 3,873
Year Built: 2009
ZIP: 92336
Description: ***Great Investment Opportunity! Include LAND! ***Great freestanding building with active restaurants in very desirable city of Fontana. Single tenant McDonald’s. 2008 year lease that expires in 2028. Lease term can be extend every 5 years. Current rent is $9709.16 / month. Rent will increase 10% every 5 years. HOA fee $770.66 / month. Land area: approx 39,640 sq.ft. Totally 48 parking space, 7 long time parking, 2 to go parking and 39 normal parking spaces. Great visibility from the highway. Direct access, off of 210 freeway, Number of retailers within short distance to Costco and many well-known restaurants. All informations deemed reliable but no guaranteed. Do not disturb occupant / tenant. Motivated seller! Price is negotiable.

3614 Pacific Coast Highway

Price: $4,350,000
Type: Retail
Property Size: 4,852
Year Built: 2009
ZIP: 90505
Description: Located at the corner of Pacific Coast Hwy and Madison St, fully leased class B building built in 2009 with close proximity to Best Buy, Office Max, Starbucks and COCO’s bakery complex. Existing tenants are Baskin Robbins, Dry Bar / Nail salon, South Bay Driving School and a State Farm insurance office. Monthly GSI approximately $11,652.

San Jacinto, 1531 Mountain Avenue

Price: $4,350,000
Type: Business
Property Size: 1,358
Year Built: 1900
Description: Commercial zoned property 9.08 acres with access on Mountain Avenue and the future extension of Ramona Expressway. Mobile home on property has no value and will be sold in its present condition.

Fountain Valley, 8700 Warner Avenue

Price: $4,300,000
Type: Office
Property Size: 19,220
Year Built: 1983
ZIP: 92708
Description: 88700 Warner Ave, Fountain Valley is an approximately 19,220 sq.ft boutique suburban multi-tenant office building. 2 Story with auto entry doors into atrium style lobby. Property has 14 suites total. 12 suites are leased and 2 suites are vacant. Suite 140 (medical office) is 2,994 GSF and suite 220 (office) is 988 GSF available for owner to occupy. 8700 Warner Ave, Fountain Valley is located on Warner Ave between Newland and Magnolia Street, just 1 mile east of Beach Blvd and less than 1/4 mile to the 405 Fwy (Warner / Magnolia exit)

Lynwood, 3599 Norton Avenue

Price: $4,250,000
Type: Specialty
Property Size: 29,060
Year Built: 1961
Description: ACTIVE UNDER CONTRACT. Current buyer delay closing escrow. For review due diligence document, Sign and return attached confidential agreement. (jaykang714@gmail. Com) Vacant-The building is ready to renovation. Sold as- is condition. New owner will make decision use for skilled nursing, assisted living, rehab program facilit Former used 120 bed skilled nursing facility. The facility is not licensed currently. The building has fire sprinkler system. All cash offer only. Offer to email: jaykang714@gmail. Com

Montclair, 5153 Holt Boulevard

Price: $4,225,000
Type: Retail
Property Size: 12,864
Year Built: 2006
ZIP: 91763
Description: Investment Opportunity – Prime Multi-Tenant Medical / Retail center with frontage on Holt Blvd. And close to the signalized corner of Central and Holt Blvd. High occupancy and retention rate. The property is fronts on the Holt Boulevard at the southwest corner of Holt Blvd and adjacent to Central Avenue. Holt Medical and Retail Center has been at this location since 2006. The Center consists of medical, dental and office suites with the commercial zoning allowing for retail uses such as fast food, pharmacy and other retail usages.

5821 South Figueroa Street

Price: $4,200,000
Type: Retail
Property Size: 11,811
Year Built: 1993
Description: 9 Unit Commercial Retail Property.

5821 South Figueroa Street

Price: $4,200,000
Type: Retail
Property Size: 11,811
Year Built: 1993
Description: 9 Unit Retail Property

1633 Westwood Boulevard

Price: $4,195,000
Type: Office
Property Size: 6,280
Year Built: 1960
Description: This property is in the highly desired area of Westwood. It is located on Westwood Blvd between Santa Monica Blvd and Wilshire Blvd. The building is a two story building with access from the front and rear. There are 4 A / C units with T1 internet cables throughout for speedy internet service. This location is in close proximity to UCLA, shopping, restaurants, along with close access to the 405 freeway. This property is a two story building with 6,280 sq.ft. The second story is primarily executive offices and cubicle spaces ideal for any company or firm. The first floor is beautifully laid out with plenty of storage space which can be used as such or easily converted to additional office space. It also features a new roof, copper plumbing and four separate A / C units all replaced in 2016. The location also has 6 parking spaces in the rear of the property with street parking also available. Twelve (12) security cameras, along with 2 T1 lines for high speed internet. The pro-forma rent could lease for approximately $15,000 per month which would yield a CAP rate of approximately 4.0%

Long Beach, 3192 East Livingston

Price: $4,150,000
Type: Multi Family
Property Size: 9,024
Year Built: 1923
ZIP: 90803
Description:

1917 South Catalina Avenue

Price: $4,100,000
Type: Office
Property Size: 4,030
Year Built: 1956
ZIP: 90277
Description: The subject property is a medical / dental office building with two tenants totaling approximately 4,030 sq.ft, with onsite parking for 12 vehicles via alley access in 6 tandem parking stalls. The building is a U-shaped configuration with a courtyard between each of the two suites which face each other. The improvements were constructed in 1956 and are situated on a 5,298 square foot lot zoned C-2 with the Riviera Village RIV-PD Pedestrian Overlay. The C-2 zoning allows a broad array of commercial, office, and retail uses, while the RIV-PD Overlay is intended to encourage pedestrian oriented retail uses. The current dental and medical tenant use is grandfathered in, however both of the tenant leases expire respectively in 2018, providing an opportunity for an owner-user, investor or developer. The zoning allows for development of up to. 50 Floor Area Ratio and a maxi height limit of 30′ or 2 stories subject to current building standards, required setbacks, and other city planning requirements. The property is in an A + location in Riviera Village. The median annual household income within a 1 mile radius is in excess of $100,000, with a population of over 15,000. The immediate area has multi-million dollar homes and condominiums selling at $1 million plus. Riviera Village has a selection of restaurants, bars, eateries, boutique shops and professional offices. Catalina Avenue has a very low vacancy factor, and properties rarely become available for acquisition.

Rosemead, 8147 Arroyo Drive

Price: $4,098,000
Type: Retail
Property Size: 10,800
Year Built: 1973
Description: The Arroyo Center 10,800 square foot retail center in the heart of San Gabriel Valley located in the beautiful City of Rosemead, California. This is a rare opportunity to acquire property at one of the busiest intersections in the city, with over 20,000 + cars per day at the adjacent intersections. This property is located just north of 60 freeway and south of the 10 freeway and makes for the perfect investment opportunity. Several strip center tenants are long term tenants while a couple of others are on a month to month basis with upside potential in rent. The recent lease signing with the successful Library Liquor illustrates the strong tenant demand of this area. The strip center is ready for a new investor with new strategy to leverage the upside potential. This location provides excellent visibility and vehicular access. Additionally this shopping center is only a few blocks from the approved Montebello Hills new home development project that is set to built in the coming year.

Pasadena, 1529 Lincoln Avenue

Price: $4,000,000
Type: Industrial
Property Size: 2,204
Year Built: 1970
ZIP: 91103
Description: Property has 3 parcels total lot size 25,026 sq.ft., including tire shop and car mechanic business, equipment and inventory.

Lancaster, 660 West Avenue L

Price: $4,000,000
Type: Specialty
Property Size: 3,430
Year Built: 1978
Description: One of the largest wood pallet companies in Southern Ca. With longevity and a strong customer base is currently for sell. Operating from two central locations with a delivery radius of 50 miles from each locale the company has a quick production time, even with custom pallets. The company diversifies with new, used, combo pallets, crates and used plastic pallets. The original locale occupies 1.4 acres of land with administrative offices across the street all of which the owner has leased since the founding in 2002. The operation has at least 20,000 pallets in inventory at all times. The location maintains 25- 30 employees. The production of custom pallets is a specialty that this location offers with a quick production time. The second location which the owner bought in 2003 occupies 10 acres of land. This location maintains approx. 40,000 pallets within its inventory. The pallet company occupies 1.4 acres of land with approx. 4 acres coterminous that can be expanded for future growth. There are three separate businesses that lease from the owner of the land with over $12,000 of passive income per month. The company is a “ Turn Key “ operation. The business is listed for $2.7M and the land for $4M.

Costa Mesa, 1040 West 17th Street

Price: $3,999,999
Type: Industrial
Property Size: 12,312
Year Built: 1977
ZIP: 92627
Description: We are pleased to present this rare opportunity to acquire a unique commercial property in the highly sought after area of Westside Costa Mesa. Located on one of the most desirable streets of this industrial area resides 1040 W. 17th street. This property features nearly 8,000 sq.ft of well laid out office space as well as 4,300 sq.ft plus of garage / warehouse space. This combined 12,312 sq.ft of space is situated on a 35,284 square foot lot, which can provide ample parking- a rare find in this area! The property is also conveniently located close to the freeways, John Wayne Airport, and just a couple miles from the beautiful Pacific Ocean!

1206 South Mariposa Avenue

Price: $3,999,998
Type: Multi Family
Property Size: 13,734
ZIP: 90006
Description: KELLER WILLIAMS REALTY N. TUSTIN is pleased to present 1206-1208 S. MARIPOSA AVE. Los Angeles, Ca 90006. Offered at $3,999,998, these two adjacent parcels sit on lots Zoned LAR3. TOC Tier 2 area, totaling 11,807 sq.ft. This is an incredible opportunity to develop a Multi Unit Building in Koreatown, one of the most densely populated cities in L. A. OPTION #1 Start Building and Break Ground Tomorrow. Seller has Ready to issue permit (RTI). Plans to build 10 Units with underground parking (see pics for set up sheet). Plans will be made available upon request. Will deliver with permits. OPTION #2 Opportunity to DEVELOP 22 UNITS! Both options will bring you a Huge Income Producing Opportunity! As a thriving megacity, Koreatown boasts countless restaurants, markets, and strip malls. It has been described as a treasure trove of food, culture, and nightlife. According to recent comps New Units have sold for over $500 / sf. Located near the Newly Constructed Aventura Hotel. Best Koreatown location close to DTLA! This Unentitled Development Opportunity in one of the most Densely Populated areas of Koreatown. Rents for new apartments are going from $1,400~ $3,000 per / unit. Many Commercial Amenities, Metro Stations are walking distance or short Bike Ride. Area is experiencing Mass Renovation and Revitalization, hundreds of New Apartment and Condo projects are currently under construction. Currently the Lot has an SFR, and a duplex and one of the units is tenant occupied. Sold AS-IS.

Cedar Glen, 28950 Hook Creek Road

Price: $3,995,000
Type: Retail
Property Size: 25,657
ZIP: 92321
Description: In 1887, John Suverkrup acquired 1100 acres of virgin timber, just southeast of Little Bear Valley (which soon became Lake Arrowhead, with the building of the dam). In 1916, Suverkrup subdivided 56 parcels, and became the first person to sell vacation properties in the San Bernardino Mountains. That subdivision is now known as Cedar Glen. Cedar Glen lies at an elevation of 5403 ft. And the town’s ZIP code is 92321, established when the Cedar Glen post office opened on February 28,1939. It moved to it’s current location in 1962. Today the small community features a market, restaurants, hardware store, real estate offices and a variety of small shops. Today Cedar Glen is a modern mountain resort, with its own business center and subdivisions, where hundreds of people spend their vacations. This is a unique commercial opportunity. This property has been in the family for over 130 years, and was the site of the first vacation property sales in the Lake Arrowhead area. Includes approximately 25,600 sq feet of retail / restaurant space, sitting on 3.5 acres of rare level land. 100% occupancy, and room to build more. Among tenants, the US Post office has been here since 1962. Just off Hwy 173, as it runs through Lake Arrowhead. Own a piece of history.

Orange, 457 North Batavia Street

Price: $3,995,000
Type: Mixed Use
Property Size: 5,500
Year Built: 1931
Description: Unique opportunity for anyone looking to get into student housing. Zoned R-3 with significant upside potential. This large lot has a two story 1931 Spanish Revival house featuring up to 6 bedrooms and 4.5 bathrooms. Main house has approximately 4347 sq.ft of living space. Large living areas with lots up windows, formal dining room and large updated kitchen with stainless steel appliances. 3 car detached garage with spacious laundry room. Third outbuilding has approximately 1100 sq.ft of living space including 4 additional bedrooms and 2 bathrooms. Multi-use property with the ability to increase the number of tenants without construction. Possibility of NNN lease with conditional use permit. Possibility of decreasing property taxes via the Mills Act. 0% Vacancy.

Rialto, 445 West Foothill Boulevard

Price: $3,990,000
Type: Business
Property Size: 5,667
Year Built: 1995
ZIP: 92376
Description: 100% HAND CAR WASH PRIDE OF OWNERSHIP Prestigious Car Wash, Built By An Experienced Car Wash Operator in 1995 Current owner since 2012 BUSINESS DESCRIPTION: l Busy 100% Hand Car Wash. Room to grow l Special Equipment to wash Dually’s –dual tire vehicles on line l Spacious inside lobby with high ceiling, 2 storage rooms. Room to expand l Drying area covered with overhead canopy. Ideal for summer heat prevention l Spacious outside customer waiting lounge. Room to add extra service l Office with multiple desk spaces, storage room, kitchen, bathroom, shower l Employee break room and separate bathroom l Separate chemical room and additional storage room l Great potential to grow and add services

Placentia, 1891 East Miraloma Avenue

Price: $3,987,500
Type: Warehouse
Property Size: 14,500
ZIP: 92870
Description: High image freestanding industrial building constructed in 2003. Located on a corner lot, the building features excellent truck access with 2 dock high doors and 1 GL door. Approximately 1,500 sq.ft of office, with a reception area, private office, restroom and kitchen area. Fire sprinklers and 400 Amps of 277/480 Volt, 3 phase power. 20 Foot ceiling height with 18 foot clearance. Additional restrooms located in the warehouse. Easy access to the 91,57 and 55 freeways. Ownership has outgrown location. Building shares 1 common wall with neighbor. No yard space. DO NOT DISTURB OCCUPANT.

3948 Long Beach Boulevard

Price: $3,980,000
Type: Office
Property Size: 12,358
Year Built: 1983
Description: Bixby Park Office Building This well-maintained three-story professional office building located in the prestigious “Bixby Knolls” area of Long Beach. Situated just few blocks away from Virginia Country Club, Long Beach Memorial Medical Center, and Freeway 405 and 710.