Office Condo with
For Sale
$859,900
706 N Diamond Bar, Diamond Bar, CA 91765
SINGLE_FAMILY - Diamond Bar, CA
Property Size1,510 SF
Price / SF$569.47
Days on Market176
Property Features for 706 N Diamond Bar
General Information
Property type
Residential
Property subtype
Office
Directions
Of the 57 FWY. & Sunset Crossing Rd
Subdivision
616 - Diamond Bar
Standard status
Active
APN
8706002045
Utilities
Cooling system
Central Air
Building Details
Year built
1982
Listing Agency:
RE/MAX TOP PRODUCERS · RE/MAX International
(909) 590-8853
Listed By:
Christian Fuentes · License #01262973
(626) 625-9037
Added: Feb 20
Changed: Aug 14
Last Checked: Aug 15 at 9:06PM
MLS# CV26038618
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.
Investment Insights
Based on property information with market context.
Located at 706 N Diamond Bar in Diamond Bar, this well-located office condo suite offers a functional layout designed for professional services. The suite is described as including a reception and waiting area, multiple private offices, a conference room, an open bullpen/workspace, and a private restroom if applicable. Buyer to verify permitted uses with the city.
The property is situated within an established professional complex with ample parking. Convenient freeway access is noted for the 57 and 60 Freeways, along with nearby restaurants, retail amenities, and surrounding residential communities.
This is offered for sale as an office condo suited to owner-users or investors seeking rental income. Prospective buyers are encouraged to confirm all details, including permitted uses and any suite features, during their due diligence.
The property is situated within an established professional complex with ample parking. Convenient freeway access is noted for the 57 and 60 Freeways, along with nearby restaurants, retail amenities, and surrounding residential communities.
This is offered for sale as an office condo suited to owner-users or investors seeking rental income. Prospective buyers are encouraged to confirm all details, including permitted uses and any suite features, during their due diligence.
Key Highlights
- Commercial office condo suite in established professional complex on N. Diamond Bar Blvd
- Approximately 1,510 SF suite with functional layout for professional services (buyer to verify permitted uses with city)
- Suite includes reception/waiting area, multiple private offices, and a conference room
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
982
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office condo suite includes reception, private offices, conference room, workspace, and a private restroom in a 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: Commercial office condo suite in established professional complex on N. Diamond Bar Blvd; Approximately 1,510 SF suite with functional layout for professional services (buyer to verify permitted uses with city); Suite includes reception/waiting area, multiple private offices, and a conference room
