Office
148 E Foothill, Arcadia, CA 91006
For Sale
$2,598,000
This office property was constructed in 1976 and sits between First Avenue and Second Avenue.
Property Size4,590 SF
Days on Market103
Property Features for 148 E Foothill
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Many Investments, Inc.
Listed By:
Mark Young · License #01169910
(626) 215-2525
Source:
Velocityrealtysd
Added: Jul 30
Changed: Nov 5
Last Checked: Nov 8 at 2:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Many Investments, Inc.
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Investment Insights
Based on property information with market context.
The property is an office building completed in 1976 at 148 E Foothill, Arcadia, CA 91006. It occupies a position between First Avenue and Second Avenue, with McDonald's directly opposite as a recognizable point of reference. The asset is located in Los Angeles County.
Key Highlights
- Office building constructed in 1976
- Located at 148 E Foothill, Arcadia, CA 91006
- Positioned between First Avenue and Second Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,334
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,006,680
$2.0M
Cap Rate 7%
$1,433,343
$1.4M
Cap Rate 9%
$1,114,822
$1.1M
Market Conditions
NOI Build-Up for 4,590 SF
Gross rent
$176.3K $38.40/SF
− Vacancy
−$42.5K −$9.25/SF
EGI
$133.8K $29.15/SF
− OpEx
−$33.4K −$7.29/SF
NOI
$100.3K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,006,680
Cap Rate 7%
$1,433,343
Cap Rate 9%
$1,114,822
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,334 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,023 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,743
Businesses Nearby
Explore this area
Business Placement
Demographics for 91006, CA
31,949
Population
11,291
Households
2.8
Avg Household Size
44
Median Age
56%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
4,992
Density / Sq Mi
$127,511
Median Household Income
$58,188
Median Earnings
$2,141
Median Rent
$1,187,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Los Angeles County, CA
Properties on Market for Office buildings in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - This office property was constructed in 1976 and sits between First Avenue and Second Avenue.
Where is this office building located?
The property is located at 148 E Foothill Arcadia, CA.
What is the asking price?
The asking price for this property is $2,598,000.
What are key features of this property?
This property features: Office building constructed in 1976; Located at 148 E Foothill, Arcadia, CA 91006; Positioned between First Avenue and Second Avenue
