169 Foothill Blvd Arcadia, CA 91006-2506
- Banks
- 5,600 SF
- 0.55 lot acres
Current Use by Public Records
- Banks
Property Details for 169 Foothill Blvd
- Year built
- 1966
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.55 lot acres
- Property size
- 5,600 SF
- Zone code
- ARC1DY
- Property type
- Banks
- APN
- 5771-021-018
- APU
- 5771021018
Description
This exceptional 5,600-square-foot turnkey office building is ideally situated at 169 E Foothill Blvd in Arcadia, California, zip code 91006. The property boasts a single-tenant occupancy and is zoned for a variety of uses, including traditional office, executive office, medical office, and retail space. The building is currently vacant, presenting a unique opportunity for immediate occupancy. Its prime location offers convenient access to the 210 Freeway via the Santa Anita Avenue exit, ensuring easy commutes for employees and clients. Arcadia itself is a thriving community, home to significant landmarks such as Santa Anita Racetrack, Methodist Hospital, and Westfield Santa Anita shopping center, contributing to a strong local economy and a diverse population of high-income consumers. The building's previous tenant was Bank of America, indicating its suitability for a variety of professional uses. The property's total square footage is 5,600 square feet, all of which is currently available. This presents a rare chance to acquire a fully functional, well-located commercial space in a desirable California city. The building's zoning allows for flexibility in tenant selection and business operations, making it an attractive investment for various commercial ventures. The property's location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the Arcadia market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,980,000
- 6.5%
- $2,075,000
- 7%
- $1,975,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,865,000
- Geo Method
- $1,775,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,810,000
- Retail
- $2,355,000
- Mixed-Use
- $1,875,000
- Hospitality
- $1,930,000
- Educational
- $2,105,000
- Residential Income
- $1,805,000
- Energy
- $2,490,000
- Income-Based Land
- $2,505,000
- Food Service
- $2,490,000
Location Insight
- Map
- Local Demand
- City
- Arcadia
- County
- Los Angeles
- State
- California
- Longitude
- -118.026
- Latitude
- 34.1514
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
