25 N Santa Anita Avenue

    Arcadia, CA 91006
    • $28,000,000
    • STATUS: Active
    • ON SITE: 90 days
    • ID#: WS18223774
    UPDATED: 35 min ago
    $28,000,000
    • 0
      BEDS
    • 2.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 29,351
      SQFT
    • $954
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1958
    County:

    School Ratings & Info

    Description

    A Prime Opportunity for Re-Development in the heart of Arcadia. Property is sold for land value only. Strategically situated on the NW corner of W Huntington Dr and N Santa Anita Ave, the sale includes the Santa Anita Professional Building lot of 1.67 ac, and small restaurants that total 0.39 ac for a total of 2.06 ac. Buyer may propose up to 6-story with 2 subterranean parking levels mixed use project to City for redevelopment. Buyer to verify and satisfy themselves with City. See supplements for additional information.Sale also includes: 11 W Huntington Drive (896 sf, 4609 sf lot, Donut/Coffee Shop), 15 W Huntington Drive (746 sf, 1963 sf lot, Coffee Shop), and 19 W Huntington Dr (3391 sf, 10174 sf lot, BBQ Restaurant).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T10:28:21.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/87451033

    25 N Santa Anita Avenue Arcadia, CA 91006

    • Price: $28,000,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: WS18223774
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.06
    Acres
    29,351
    SQFT
    $954
    $/SQFT
    1958
    Built
    Neighborhood:
    605 - Arcadia
    County:
    Los Angeles
    Area:
    605 - Arcadia
    Property Description
    A Prime Opportunity for Re-Development in the heart of Arcadia. Property is sold for land value only. Strategically situated on the NW corner of W Huntington Dr and N Santa Anita Ave, the sale includes the Santa Anita Professional Building lot of 1.67 ac, and small restaurants that total 0.39 ac for a total of 2.06 ac. Buyer may propose up to 6-story with 2 subterranean parking levels mixed use project to City for redevelopment. Buyer to verify and satisfy themselves with City. See supplements for additional information.Sale also includes: 11 W Huntington Drive (896 sf, 4609 sf lot, Donut/Coffee Shop), 15 W Huntington Drive (746 sf, 1963 sf lot, Coffee Shop), and 19 W Huntington Dr (3391 sf, 10174 sf lot, BBQ Restaurant).
    Exterior Features

    Lot Features Lot-Level/FlatNear Public Transit Lot Size Source See Remarks Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels Description 577502503457750250335775025032 Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 2.50 Country Us Investment Property YN Yes Land Lease YN No Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 700000.00 Property Sub Type Office Special Listing Conditions Standard Tax Year 2017 Water Source PublicSee Remarks

    Listing provided courtesy of Howard Ran of Howard Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T10:28:21.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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