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Two-Story Office Building
For Sale
$289,000

29135 Hook Creek, Cedar Glen, CA 92321

Cedar Glen, CA

Property Size816 SF
Lot Size0.07 Acres
Price / SF$354.17
Days on Market184

Property Features for 29135 Hook Creek

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 1
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bonus Room, Bedroom 1
Parking 1
Subdivision Cedar Glen (CEDG)
Lot features Corner Lot, 0-1 Unit/ Acre
Elementary school district Rim of the World
Middle school district Rim of the World
High school district Rim of the World
Directions ma
Standard status Active
APN 0331132010000
Size 816 SF
Lot size 0.07 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

handicap access
kitchenette

Building Details

Year built 1930
Floors in Building 2
Number of units 1
Listing Agency: Hamilton Landon Real Estate · Real Living
Listed By: Fran Enyart · License #01061550
Added: Apr 22 Changed: Oct 20 Last Checked: Oct 22 at 12:06AM
MLS# HD26096596

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.

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Investment Insights

Based on property information with market context.

This 816-square-foot office building was constructed in 1930 and arranged across two stories. Interior features include a substantial open area for office or meeting functions, a private room, an upstairs kitchenette, and bathroom facilities. A private stairway and separate north-side entry serve the upper level, while the front entrance provides handicap access.

The property also includes a large one-car garage that can support storage for office materials or equipment. Newer windows and a newer heater are part of the building improvements. Public water and public sewer serve the property, which occupies 0.0681 acres.

Key Highlights

  • 816 SF office building on 0.0681 acres
  • Two‑story layout with open office or meeting area
  • Private north‑side stairway and separate upper‑level entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,605
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,100 $192.1K
Cap Rate 7%
$137,214 $137.2K
Cap Rate 9%
$106,722 $106.7K
Market Conditions
NOI Build-Up for 816 SF
Gross rent
$13.9K $17.04/SF
− Vacancy
−$1.1K −$1.35/SF
EGI
$12.8K $15.69/SF
− OpEx
−$3.2K −$3.92/SF
NOI
$9.6K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,100
Cap Rate 7%
$137,214
Cap Rate 9%
$106,722

Alternative Uses

Best Use
Office B
$137.2K
$120.1K – $160.1K (±1% cap)
NOI $9,605 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$172.1K
$150.6K – $200.8K (±1% cap)
NOI $12,049 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby

Demographics for 92321, CA

1,310
Population
1,195
Households
1.1
Avg Household Size
46
Median Age
28%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
185
Density / Sq Mi
$50,893
Median Household Income
$40,592
Median Earnings
$948
Median Rent
$480,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Includes an accessible front entrance, private upper-level access, and secure garage storage.
Where is this office building located?
The property is located at 29135 Hook Creek Cedar Glen, CA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 816 SF office building on 0.0681 acres; Two‑story layout with open office or meeting area; Private north‑side stairway and separate upper‑level entrance
More about this property
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