Two-Story Office
For Sale
$289,000
29135 Hook Creek, Cedar Glen, CA 92321
A separate north-side stairway serves the upper level, which includes a kitchenette suited to break-room use.
Property Size816 SF
Price / SF$354.17
Days on Market221
Property Features for 29135 Hook Creek
General Information
Standard status
Active
Size
816 SF
Property subtype
Office
Additional Details
Property Use
Office
Amenities
handicap access
private entry
garage/storage
kitchenet
Building Details
Building Size
816 SF
Year Built
1930
Buildings
1
Stories
2
Listing Agency:
Hamilton Landon Real Estate
Listed By:
Fran Enyart · License #01061550
(760) 964-9730
Source:
Crestlinehomesforsale
Added: Mar 22
Changed: Oct 27
Last Checked: Oct 26 at 3:05PM
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 Hamilton Landon Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story office property combines a large open work area with one private room and 1.5 bathrooms. A front entrance provides handicap access, while a separate stairway on the north side leads to the upper floor and its kitchenette. Newer windows are installed throughout the building.
A substantial garage and storage area offers space for office materials or equipment. The office property next door is also for sale and is zoned commercial.
A substantial garage and storage area offers space for office materials or equipment. The office property next door is also for sale and is zoned commercial.
Key Highlights
- Two‑story office building with a large open workspace
- One private room and 1.5 bathrooms
- Handicap‑accessible front 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
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
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
Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A separate north-side stairway serves the upper level, which includes a kitchenette suited to break-room use.
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: Two‑story office building with a large open workspace; One private room and 1.5 bathrooms; Handicap‑accessible front entrance
