3120 S Hacienda Boulevard

    Hacienda Heights, CA 91745
    • $3,290,000
    • STATUS: Active
    • ON SITE: 137 days
    • ID#: OC19267610
    UPDATED: 143 min ago
    $3,290,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,824
      SQFT
    • $238
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Location, location, location! Great opportunity to own a rare multi-tenant medical office building with longstanding tenants, stable income and existing NNN leases at the intersection of Hacienda Blvd and Colima Rd! The total leasable square footage is 11,918, includes 14 total divided office spaces with 11 lease to outstanding professionals. Sale to come with all tenants with several owner/user opportunities, spaces for a current cap rate of 5.6% and up to a cap rate of 7.9% if all spaces are leased out! Great investment for new owners as current owners are retiring and practiced Gastroenterology out of this medical plaza for more than 20 years! Wonderful classic construction with ample parking, lots of green spaces and landscaping enhances the appeal of this medical plaza paired up with its unbeatable location! Lots of opportunities for the new owner to put their own stamp on this property to make improvements, upgrades and to further add more value to this rare opportunity!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-05T00:29:14.023. 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 or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/101130090

    3120 S Hacienda Boulevard Hacienda Heights, CA 91745

    • Price: $3,290,000
    • Status: Active
    • Updated: 143 min ago
    • ID#: OC19267610
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    13,824
    SQFT
    $238
    $/SQFT
    1964
    Built
    Neighborhood:
    631 - Hacienda Heights
    County:
    Los Angeles
    Area:
    631 - Hacienda Heights
    Property Description
    Location, location, location! Great opportunity to own a rare multi-tenant medical office building with longstanding tenants, stable income and existing NNN leases at the intersection of Hacienda Blvd and Colima Rd! The total leasable square footage is 11,918, includes 14 total divided office spaces with 11 lease to outstanding professionals. Sale to come with all tenants with several owner/user opportunities, spaces for a current cap rate of 5.6% and up to a cap rate of 7.9% if all spaces are leased out! Great investment for new owners as current owners are retiring and practiced Gastroenterology out of this medical plaza for more than 20 years! Wonderful classic construction with ample parking, lots of green spaces and landscaping enhances the appeal of this medical plaza paired up with its unbeatable location! Lots of opportunities for the new owner to put their own stamp on this property to make improvements, upgrades and to further add more value to this rare opportunity!
    Exterior Features

    Construction Materials Drywall Walls Fence YN No Fencing None Lot Features 0-1 Unit/AcreCorner LotFront YardGardenLandscapedSprinkler SystemSprinklers In FrontSprinklers In RearSprinklers ManualSprinklers On Side Lot Size Dimensions 35894 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 50.00 Roof Composition

    Interior Features

    Building Features Elevators Condo Area Units Square Feet Cooling Central AirElectric Cooling YN Yes Heating CentralNatural Gas Heating YN Yes Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels Description 8241005018 Additional Parcels YN Yes Asset Class OfficeRetailSpecialty Building Area Units Square Feet Building Name Sunset Hills Medical Center Building Status Existing Business Type AccountingCommercialDentalFinancialFranchiseHealth ServicesMedicalMixedMulti-TenantProfessional ServiceProfessional/OfficeReal EstateRetailSpecial UseStand-Alone Cap Rate 5.60 Country Us Electric Standard Expense Year 2019 Investment Property YN Yes Land Lease YN No Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 183663.00 Number Of Units Leased 11 Occupancy Occupied Operating Expense 126263.00 Property Sub Type Mixed Use Real Estate Tax Expense 39480.00 Retail Center Type Mixed Use Security Features Security LightsSmoke Detector(S) Special Listing Conditions Standard Sprinklers YN Yes Tax Year 2019 Total Expenses 86783.00 Total Monthly Rent 25827 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Voltage 110 Volts Water Source Public Year Built Source Assessor Zoning Lcch

    Listing provided courtesy of Josephine Hsu of Meridian Capital Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-05T00:29:14.023. 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 or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
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    La Jolla CA, 92037