Professional Office
New
For Sale
$859,900
706 N Diamond Bar, Diamond Bar, CA 91765
Functional commercial suite with reception, private offices, conference space, and open workspace in an established professional complex.
Property Size1,510 SF
Price / SF$569.47
Days on Market1
Property Features for 706 N Diamond Bar
General Information
Standard status
Active
Size
1,510 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1982
Listing Agency:
RE/MAX TOP PRODUCERS
Listed By:
Christian Fuentes · License #01262973
(626) 625-9037
Source:
Myfabuloushome
Added: Sep 8
Last Checked: Sep 8 at 2:37PM
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 RE/MAX TOP PRODUCERS
Investment Insights
Based on property information with market context.
This office condominium provides approximately 1,510 square feet for a professional business setting. The layout is described with a reception or waiting area, multiple private offices, conference space, and an open bullpen or workspace. A private restroom may also be included. The suite is located within an established professional complex and was built in 1982.
The property is situated at 706 N Diamond Bar in Diamond Bar, California, with access to the 57 and 60 Freeways. Restaurants, retail amenities, and surrounding residential communities are identified nearby. Potential professional applications noted for the suite include legal, accounting, financial, insurance, real estate, consulting, medical, and wellness practices, subject to verification of permitted uses with the city.
The property is situated at 706 N Diamond Bar in Diamond Bar, California, with access to the 57 and 60 Freeways. Restaurants, retail amenities, and surrounding residential communities are identified nearby. Potential professional applications noted for the suite include legal, accounting, financial, insurance, real estate, consulting, medical, and wellness practices, subject to verification of permitted uses with the city.
Key Highlights
- Approximately 1,510 SF office condominium
- Reception or waiting area with multiple private offices
- Conference room and open bullpen/workspace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,007
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$660,140
$660.1K
Cap Rate 7%
$471,529
$471.5K
Cap Rate 9%
$366,744
$366.7K
Market Conditions
NOI Build-Up for 1,510 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$58.0K $38.40/SF
− Vacancy
−$14.0K −$9.25/SF
EGI
$44.0K $29.15/SF
− OpEx
−$11.0K −$7.29/SF
NOI
$33.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$660,140
Cap Rate 7%
$471,529
Cap Rate 9%
$366,744
Alternative Uses
Best Use
Office B
$471.5K
$412.6K – $550.1K
NOI $33,007 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$808.4K
$707.4K – $943.2K
NOI $56,591 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
Explore this area
Business Placement
Demographics for 91765, CA
46,449
Population
16,056
Households
2.9
Avg Household Size
44
Median Age
53%
College-Educated
93%
High-School Grad
18.6 sq mi
ZIP Area
2,497
Density / Sq Mi
$104,737
Median Household Income
$55,141
Median Earnings
$2,395
Median Rent
$878,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Functional commercial suite with reception, private offices, conference space, and open workspace in an established professional complex.
Where is this office units located?
The property is located at 706 N Diamond Bar Diamond Bar, CA.
What is the asking price?
The asking price for this property is $859,900.
What are key features of this property?
This property features: Approximately 1,510 SF office condominium; Reception or waiting area with multiple private offices; Conference room and open bullpen/workspace
