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Financial
Distress signals
Property profile

308 S 1St Ave Arcadia, CA 91006

FOR LEASE
Office buildings
Property ID
US09-9614861
320 SF 0.19 ac lot Built 1946
Last sale Jul 2023 · $4,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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308 S 1St Ave, Arcadia, CA 91006 For Lease
$2,000/Mo 930 SF available
308 S 1St Ave, Arcadia, CA 91006
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Property summary

AI-generated overview

This corner commercial suite within the Il Villaggio mixed-use complex is approximately 930 square feet and is configured for a combination of office and retail use. The space includes three large windows that can serve as a dedicated display or frontage area, along with an interior layout suitable for professional office use and other commercial applications. The building was constructed in 2007. The property is located at 308 South 1st Avenue in Arcadia, directly across from First Ave Jr.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$600k
Assessed land$540k
Assessed improvement$60k
Effective rate1.21%

Value estimate

· Oct 2026
$4.44M
$3.99M – $4.88M
AI approach$4.33M
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 941.65% cap applied$19k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$534/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$418 – $683
Qualifying comparables5

Cap rate analysis

How does the asset earn?
941.65%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ARM1*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.2
Storage Facility9.9
Catering Service9.4

Location

308 S 1St Ave Arcadia, CA 91006
County assessor Recorded deeds · 20 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
126 1st, Arcadia, CA 91006-3605 $166,000 Jun 2024 1,760 SF
817 1st, Arcadia, CA 91006-3918 $1,200,000 Jan 2024 1,568 SF
230 Foothill, Arcadia, CA 91006-7542 $975,009 Jul 2023 1,804 SF
823 1st, Arcadia, CA 91006-7529 $1,300,013 Feb 2023 2,148 SF
228 Foothill, Arcadia, CA 91006-2508 $950,009 Jan 2022 1,600 SF
140 Foothill, Arcadia, CA 91006-2507 $1,200,012 Aug 2021 2,160 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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