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Property profile

623 W Duarte Rd Arcadia, CA 91007

FOR SALE
Medical Office Space
Property ID
US09-8032407
11,371 SF 0.76 ac lot Built 1961
Entity Owned 20-yr Hold ~ Est. High Equity
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Contact for pricing 11,371 SF
623 W Duarte Rd, Arcadia, CA 91007
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Property summary

AI-generated overview

This exceptional opportunity presents two available ground-floor office/medical suites, ranging from 657 to 950 square feet, within a well-maintained professional office building at 623 W. Duarte Rd. The building features a beautiful interior courtyard and is conveniently located near various retail amenities, ensuring easy access for both staff and clients. Each suite benefits from convenient access via both elevator and stairs. The property boasts abundant parking, making it highly attractive for employees and visitors alike. Built in 1961, this Class C building offers a total of 11,371 square feet across two stories and five suites, providing a versatile and adaptable space for a variety of medical or commercial uses. The property's location, combined with its ample parking and well-maintained grounds, creates a professional and welcoming environment. The available suites offer a chance to establish or expand a business in a convenient and affordable setting. The Assessor's Parcel Number (APN) is 5778-007-014. This is a multi-tenant building offering a prime location for businesses seeking a blend of convenience, affordability, and quality.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1961
Construction TILT-UP CONCRETE
Total area 11,371 SF
Lot 0.76 ac (33,179 SF)
Zoning code ARC2YY
APN 5778-007-014
UPID US09-8032407

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
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Pediatrician Physician
  • Dental Office
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

623 W Duarte Rd Arcadia, CA 91007
Arcadia metro Census 430724 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.32M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.69M

Owner & transaction history

since 2006
7 recorded transactions
2016
Price N/A
2006
$3.6M
2006
Price N/A
2004
$2.8M
2004
$1.9M
2002
$1.9M
1998
$1,100

Zoning & alternative use

ARC2YY · Arcadia, 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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