511 Citrus Edge St, Glendora, CA 91740-5006
- Warehouses
- 25,067 SF
- 1.05 lot acres
Current Use by Public Records
- Azusa Pacific University College / High School
Property Details for 511 Citrus Edge St
- Year built
- 1972
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.05 lot acres
- Zone code
- GDCM
- Property type
- Warehouses
- APN
- 8641-001-037
- APU
- 8641001037
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 2, 2023 | $6,285,000 | Mery LLC | Azusa Pacific University | Grant Deed | $2.5M · First Citizens Bank & Trust Co |
| Oct 2, 2023 | — | Mery LLC | — | Deed · related | $2.3M · California Statewide Certifield Developm |
| Dec 21, 2021 | $991,300 | Azusa Pacific University | Citrus Edge LLC | Grant Deed | — |
| Jan 14, 2011 | $2,200,000 | Citrus Edge LLC | Vertis INC | Grant Deed | $2M · Butterfield Memorial Foun |
| Apr 12, 2000 | — | Treasure Chest Advertising Co | — | Deed Of Trust · related | — |
| Aug 13, 1993 | $1,250,000 | Treasure Chest Advertising Co | Milhous Leasing | Grant Deed | — |
| Sep 24, 1990 | — | Milhous Trust | Milhous Robert E | Quit Claim Deed · related | — |
| — | — | Robert E Milhous | — | Deed Of Trust · related | $1.6M · Provident Natl A |
Description
This exceptional Class A office building, located at 511 W Citrus Edge St, Glendora, CA 91740, offers a diverse range of flexible spaces ideal for various business needs. Built in 1972 and extensively renovated in 2017, the property boasts 11,417 square feet across two stories, situated on a 1.25-acre lot. The building features a variety of office configurations, including traditional, executive, coworking, medical, and creative office spaces, catering to a wide spectrum of tenants. Units range from a minimum of 2,080 square feet to a maximum contiguous space of 5,080 square feet, providing ample room for growth and scalability. The building benefits from a 9-foot ceiling height throughout, creating a bright and airy atmosphere. With 50 parking spaces available, ample parking is ensured for tenants and their clients. The property is conveniently located near Grand Ave and is zoned CM, offering excellent accessibility and visibility. While the building does not have elevators, the two-story layout remains easily navigable. This prime Glendora location presents a unique opportunity for businesses seeking a well-maintained, versatile, and conveniently located office space.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $7,235,000
- ML approach
- $7,095,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,435,000
- 6.5%
- $5,020,000
- 7%
- $4,660,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $7,365,000 Current use
- RETAIL STORES
- $8,640,000 Change: +17% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $7,745,000 Change: +5% Conversion: Difficult
- OFFICE BUILDING
- $7,210,000 Change: -2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Glendora
- County
- Los Angeles
- State
- California
- Longitude
- -117.871
- Latitude
- 34.1194
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
