501 1st Ave Arcadia, CA 91006-3888
- Office buildings
- 6,527 SF
- 0.34 lot acres
Sep 13, 2024
Current Use by Public Records
- Luis Alejandro Nagy - Psychotherapist / Psychoanalyst / Psychiatrist
- Rotary Club of Arcadia / Non-Profit Organization
- EndlessArt Studio / Art Studio
- Clawtongue Water Repairs / Hot Water System Supplier
- The Friedberg Learning Center / Learning Center
Property Details for 501 1st Ave
- Year built
- 1955
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 6,527 SF
- Zone code
- ARC2HY
- Property type
- Office buildings
- APN
- 5779-011-018
- APU
- 5779011018
Description
This exceptional 6,527 square foot office building in Arcadia, California, presents a unique investment opportunity. Located at 501 S. 1st Ave., this single-tenant, vacant property boasts a garden-style design and is zoned for mixed use (MU). The building offers ample on-site parking with a generous ratio of 2.45 spaces per 1,000 square feet. Priced at $3,400,000 ($520.91/SF), this Class C property sits on a 14,997 square foot lot (APN 5779-011-018) and benefits from its convenient location. Enjoy easy access to the I-210 and I-601 freeways, proximity to the Metro Gold Line Arcadia Station, and the vibrant shops and restaurants of Downtown Arcadia. The property's location within the highly-rated Arcadia School District (top 1% in America) adds significant appeal. SBA financing potential is available for qualified buyers. This is an ideal opportunity for owner-occupiers or investors seeking a well-located, versatile office space in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arcadia
- County
- Los Angeles
- State
- California
- Longitude
- -118.029
- Latitude
- 34.1344
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
