Property profile

301 Bonita Ave San Dimas, CA 91773

OFF-MARKET
Retail space
Property ID
US09-8562906
4,200 SF 0.36 ac lot Built 1988
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property at 301 W. Bonita Ave, San Dimas, CA 91773, presents a compelling investment opportunity. The 7,476 square foot building sits on a sizable 25,264 square foot corner lot, offering excellent visibility and accessibility. Currently boasting a 4.23% cap rate and a net operating income (NOI) of $112,227, this multi-tenant property is anchored by a Circle K convenience store, ensuring consistent revenue. Three additional tenants occupy the space, each with multiple years remaining on their leases, providing stability and predictable cash flow. The property's prime location in San Dimas, within walking distance of City Hall, the US Post Office, and the San Dimas Sheriff's Station, ensures high foot traffic and strong tenant demand. Surrounded by residential areas including homes, apartments, and condos, this location benefits from a robust customer base. The asking price is $2,650,000, translating to $354.47 per square foot. This offering is particularly attractive to 1031 exchange buyers, with seller cooperation provided at no cost to the purchaser. The property's high visibility, strong tenant occupancy, and strategic location make it an ideal investment for those seeking a stable and profitable asset in a thriving community.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction WOOD
Total area 4,200 SF
Lot 0.36 ac (15,538 SF)
Zoning code SDAP*
APN 8390-010-015
UPID US09-8562906

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Distribution Center Logistics Company
  • Spa & Massage Center
  • Grocery & Convenience Store
  • Grocery & Convenience Store

Location

301 Bonita Ave San Dimas, CA 91773
San Dimas metro Census 401311 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$880k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
1994
$750,000
1992
$273,390
1989
$545,500
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

SDAP* · San Dimas, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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