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Property profile & analytics
OFF-MARKET Estimated value $965,000
Office buildings

124 1st Ave Arcadia, CA 91006-3202

3,201 SF 0.15 ac lot Built 1992
Entity Owned 4-yr Hold Free & Clear
Property ID
US09-9953639
Property summary
AI-generated overview

This exceptional 1,066 square foot executive office suite is ideally located at 124 N First Ave in Arcadia, California, 91006. The property, situated in Los Angeles County, offers a single, spacious suite perfect for a variety of businesses. The entire 1,066 square feet is currently vacant and ready for immediate occupancy. The suite is designated as a Multiple Tenancy property, although currently only one suite is available. Three reserved parking spaces are included at no additional cost, providing convenient parking for employees or clients. This presents a rare opportunity to secure a well-appointed office space in a desirable Arcadia location. The property's address is easily accessible and benefits from excellent visibility. The building's size and layout are well-suited for a business seeking a professional and efficient workspace. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing for a quick and seamless move-in process. The property is available for lease and offers a fantastic opportunity for businesses seeking a prestigious address in a thriving community. Interested parties are encouraged to inquire promptly to secure this exceptional office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1992
Construction WOOD
Total area 3,201 SF
Lot 0.15 ac (6,449 SF)
Zoning code ARM1*
APN 5773-011-060
UPID US09-9953639
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fast & Professional Movers Moving Company
  • Licha Construction, Inc. Construction Company General Contractor
  • Astrid Gonzalez Marriage Or Relationship Counselor
  • Kagan Ronald Loan Service
  • Prout Mary Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.15M
Comparable Approach Comparable
by Request
Blend (final) Blend
$965k
Owner & transaction history
Merrick Properties LLC · 4 yrs held
Merrick Properties LLC
since 2022
3 recorded transactions
2022
Price N/A
2013
$1.1M
2013
Price N/A
Zoning & alternative use
ARM1* · Arcadia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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