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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 Type(s):
Commercial
| Last Updated | 9/30/2024 | Year Built | 1980 |
|---|---|---|---|
| Community | San Dimas | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | San Dimas |
| HEAT | Central |
| LOT | 0.9 acre(s) |
| LOT DESCRIPTION | Rectangular Lot |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with PureMotive Realty Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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