425 Bonita Avenue, San Dimas

$2,890,000

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0.90

Acres

About 425 Bonita Avenue

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.

Features of 425 Bonita Avenue

MLS® # AR24202592
Price $2,890,000
Bathrooms 0.00
Acres 0.90
Year Built 1980
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 425 Bonita Avenue
Area 689 - San Dimas
City San Dimas
County Los Angeles
Zip Code 91773

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description Rectangular Lot

Additional Information

Date Listed September 30th, 2024
Days on Market 400
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSamuel Flores Reyes
OfficePureMotive Realty Inc.

Listing Map

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