135 E Live Oak Ave
Arcadia, CA 91006
OVERBID AUCTION NOVEMBER 5th, AT 11:00 A.M · Office Property For Sale

AUCTION WILL BE NOVEMBER 5TH, AT 11:00 A.M. AT THE LIVE OAK PROPERTY IN THE PARKING LOT OR FOYER. Allen Afshar of SVN and William DuBrowa of William DuBrowa and Associates are pleased to offer exclusively the sale of 135 East Live Oak Avenue, Arcadia. The Live Oak Office is a two-story office building constructed in 1982 with 18,500 SF rentable area and 30,400 SF lot size. This great asset consist of large and small offices, large kitchen, 2 handicap bathrooms on each floor and 60 open parking spaces (3.2/1000 ratio) in the rear. Access to parking entrance from Greenfield Avenue. The property benefits from significant frontage of 162 feet along Live Oak Avenue, with great building and signage visibility to approximately 26,322 vehicles per day. The Property is strategically positioned within an affluent sub-market and is in close vicinity of Santa Anita Park, Arcadia Marketplace shopping center, anchored by Albertson, SavOn Drugstore, Subway, Wells Fargo Bank and USPS Store. In addition Walgreen and Jack in the Box are located across the street of Live Oak Office. The subject property is 100% vacant and ready for an owner/user buyer or an investor with creative ideas. PLEASE NOTE- NOI AND CAP RATE ARE PRO-FORMA. THE SALE IS SUBJECT TO COURT APPROVAL AND OVERBID PROCEDURE AT THE COURT HEARING TO APPROVE THE SALE. COMMISSION WILL BE PAID TO COOPERATING BROKER WHO REPRESENTS THE SUCCESSFUL BIDDER. ALL CASH TRANSACTION. YOU MAY ALSO CONTACT BILL DUBROWA AT 310.699.1289. EMAIL: bdubrowa@yahoo.com *Buyer to independently verify the accuracy and viability of this information.