301 Bonita Ave San Dimas, CA 91773

Property Details for 301 Bonita Ave

Year built

1988

Construction

WOOD

Lot size

0.36 lot acres

Property size

4,200 SF

Zone code

SDAP*

Property type

Retail space

APN

8390-010-015

APU

8390010015

Description

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.

Location Insight

City

San Dimas

County

Los Angeles

State

California

Longitude

-117.802

Latitude

34.107

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments