Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    419 S 1st Avenue Arcadia, CA 91006

    View on Map
    Claim this Listing
    For Sale
    $1,598,888

    Commercial Sale - Arcadia, CA

    Property size:
    1,982 SF
    Added:
    Sep 4, 2024
    Days on Market:
    593
    Last Refresh:
    Apr 19 at 7:06 am

    Property Features for 419 S 1st Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    5779001016
    Size
    1,982 SF

    Building Details

    Year built
    1976
    Architectural style
    Other

    We can help!

    Listing Contact
    Jonathan Rodriguez
    Jonathan Rodriguez

    Listing agent Jonathan Rodriguez License #02060068

    Listing office CA Flat Fee Listings, Inc 292 E. Foothill Blvd. Unit E, Arcadia, CA

    Listing date Sep 4, 2024

    MLS# AR24184099 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arcadia Retail Building For Sale

    Located in downtown Arcadia, less than a mile from Santa Anita Avenue, this property is also convenient to USC Keck Medical Center, The Shops at Santa Anita Regional Shopping Center, Santa Anita Racetrack, and Restaurant Row on Huntington Drive. This single, free-standing building offers high visibility and currently has a tenant in place. The property is available for a variety of retail and service uses. The building has a size of 1982 square feet. Zoning matters, allowed uses, and parking requirements should be verified with the City of Arcadia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peacock Liquor Convenience ... (Bike/Boat/Book/etc) Store GetCoins Bitcoin ATM Crypto Atm

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arcadia
    County
    Los Angeles
    State
    California
    Longitude
    -118.0286215
    Latitude
    34.1348714

    Nearby Similar for Sale

    • $860,000
      1,872 SF

      Arcadia Industrial Condo For Sale

      Well-maintained industrial condo with easy freeway access in Arcadia, CA.
      11940 Goldring Rd, Arcadia, CA 91006
      View Details
    • $800,000
      850 SF

      Arcadia Commercial/Residential Opportunity

      Commercial/Residential property in Arcadia, CA, ideal for dental or professional use.
      910 N Santa Anita, Arcadia, CA 91006
      View Details
    • $839,000
      1,838 SF

      Arcadia Commercial Opportunity For Sale

      Vacant Arcadia industrial property suitable for various uses.
      11920 Goldring, Arcadia, CA 91006
      View Details
    • $2,380,000
      4,243 SF

      Renovated Four-Unit Property in Arcadia

      Fully renovated four-unit property in the Arcadia School District.
      1150 Okoboji Drive, Arcadia, CA 91007
      View Details
    • $2,380,000
      3,485 SF

      Arcadia Triplex: Prime Investment Opportunity

      Well-maintained triplex in Arcadia with stable income and desirable location.
      154 Diamond, Arcadia, CA 91006
      View Details
    • $1,590,000
      1,808 SF

      Remodeled Duplex in Prime Arcadia

      Remodeled duplex in Arcadia's top-rated school district.
      1611 S Fourth Avenue, Arcadia, CA 91006
      View Details
    • $1,598,888
      1,982 SF

      Arcadia Retail Building For Sale

      Prime Arcadia location, high visibility, tenant in place.
      419 S 1st Avenue, Arcadia, CA 91006
      View Details
    • $37,200,000
      77,636 SF

      Arcadia Residence Inn by Marriott

      120-room, all-suite hotel in Arcadia, California for sale.
      321 East Huntington Drive, Arcadia, CA, 91006
      View Details
    • Contact for pricing
      4,109 SF

      Arcadia Drive-Thru Restaurant Opportunity

      Second-generation drive-thru restaurant on Santa Anita Avenue in Arcadia.
      412 N Santa Anita Ave, Arcadia, CA 91006
      View Details
    • $3,100,000
      4,666 SF

      Historic Building with Onsite Parking

      Beautiful, renovated historic building in downtown Arcadia with dedicated parking.
      51 E Huntington Dr, Arcadia, CA 91006
      View Details
    • $2,600,000

      Arcadia Industrial Condo Units

      Four industrial condo units in Arcadia, fully leased.
      11742 Clark St A,B,C,D, Arcadia, CA 91006
      View Details
    • $6,840,000
      10,108 SF

      Arcadia Turnkey Apartment Building

      15-unit apartment building in Arcadia School District with no rent control.
      521 E Live Oak Ave, Arcadia, CA 91006
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail building in central Arcadia location, tenant in place.
    Where is this retail space located?
    The property is located at 419 S 1st Avenue Arcadia, CA.
    What is the asking price?
    The asking price for this property is $1,598,888.
    What are key features of this property?
    This property features: Prime, central downtown Arcadia location.; High visibility, single free‑standing building.; Less than a mile from Santa Anita Avenue and USC Keck Medical Center.
    (626) 623-7957
    We can help!
    Listing Contact
    Jonathan Rodriguez
    Jonathan Rodriguez
    Real Estate License ID: 02060068
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!