425 W Bonita Avenue
San Dimas, CA, 91773
$2,890,000
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$2,890,000
425 W Bonita Avenue
San Dimas, CA, 91773
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.

Property Details

Price:
$2,890,000
MLS #:
AR24202592
Status:
Active
Baths:
0
Address:
425 W Bonita Avenue
Type:
Commercial
Subtype:
Office
Neighborhood:
689sandimas
City:
San Dimas
Listed Date:
Sep 30, 2024
State:
CA
ZIP:
91773
Year Built:
1980

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