Chino CA  home offered at $4,290,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

12598 Central Avenue
Chino, California CA 91710
Price: $4,290,000
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Listing ID: IV22113133
Price/SqFt: $255.36
Status: Active
SqFt: 16,800 Sq Ft
Year Built: 1992

High Occupancy Office Investment of 19 Units First Time On The Market: Strong Tenant base with stable professional and essential business Tenants including home healthcare, hospice care, accounting firms, Topo's restaurant, Chiropractor, and more. The sale consists of five parcels conveniently located at the CA-60 Fwy and Central Ave. off-ramp in the beautiful office park known as the El Central Plaza which is built in stylish Spanish architecture. The El Central Plaza has low association fees that include parking lot cleanup and trash removal. Elevator access is available. Most Tenants pay own utilities except water and sewer. The El Central Plaza has an abundant parking area with shared parking throughout the office park. At a total square footage of approx. 16,800 (+/-) sf on approx. 20,400 (+/-)s.f. , this makes this investment property one of the largest single owner owned properties within the EL Central Plaza. Only 2 vacancies currently totaling 1,250 (+/-)s.f. Current undermarket rents offer an opportunity to increase rental income dramatically. Property Taxes estimated based on sales price. Please do not disturb Tenants. Please send a request for financials and rent roll.

Primary Features

County: San Bernardino
Price/SqFt: 255.36
Property Sub Type: Office
Property Type: Commercial Sale
Year Built: 1992
Zoning: CG

Interior

Building Area Units: Square Feet
Building Features: Elevators
Condo Area: 16800
Condo Area Units: Square Feet
Cooling Type: Central Air
Cooling: yes
Laundry Features: None
Stories Total: 2

External

Lot Size Source: Assessor
Minimum Total Area Units: Square Feet
Number Of Buildings: 5
Roof: Spanish Tile
Topography: flat
Water Source: Public

Location

Country: US
MLS Area Major: 681 - Chino

Additional

Additional Parcels: yes
Asset Class: Office, Retail
Building Name: El Central Plaza
Building Status: Existing
Days On Market: 577
Land Use: Office, Retail
List Agent State License: 01895064
List Office State License: 02034779
Max Total Area Units: Square Feet
Number Of Units Leased: 19
Parcel Number: 1015361260000
Utilities: Electricity Connected, Sewer Connected, Water Connected
Year Built Source: Assessor

Financial

Cap Rate: 6.09
Effective Gross: 261360
Gross Scheduled Income: 261360
Investment Property: yes
Net Operating Income: 169582
Operating Expense: 91775
Special Listing Conditions: Standard

Zoning Info


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Listed by: GURJEETBHATIA, DRE #01895064 from Acreage Real Estate 909-233-8003

Contact - Listing ID IV22113133

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

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