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McCarthy Professional Building 201 W 4th St 7,424 SF 100% Leased Office Building Claremont, CA 91711 $2,950,000 ($397.36/SF) 4.50% Cap Rate



EXECUTIVE SUMMARY
Address: 201 W. 4th Street/401 Harvard Avenue Claremont CA 91711
County: Los Angeles
Location Type: Professional Office
Land Area: Approx. .29 AC
No. of Buildings: 1
Total GLA: 7,424
Year Built: 1966
Ownership Type: Trust
Drive Area: Asphalt
Parking: 23 on-site parking spaces + ample free public street parking
NOI*: $132,881
Claremont, CA AHHI: $158,167
3 Mile Population: 36,553
3 Mile Consumer Spending (Annual): $4.5B
*NOI is estimated off future assumptions, including all tenants at market rents. Buyer to conduct their own due diligence
County: Los Angeles
Location Type: Professional Office
Land Area: Approx. .29 AC
No. of Buildings: 1
Total GLA: 7,424
Year Built: 1966
Ownership Type: Trust
Drive Area: Asphalt
Parking: 23 on-site parking spaces + ample free public street parking
NOI*: $132,881
Claremont, CA AHHI: $158,167
3 Mile Population: 36,553
3 Mile Consumer Spending (Annual): $4.5B
*NOI is estimated off future assumptions, including all tenants at market rents. Buyer to conduct their own due diligence
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,424 SF
Building Class
B
Year Built
1966
Price
$2,950,000
Price Per SF
$397.36
Cap Rate
4.50%
NOI
$132,881
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,712 SF
Building FAR
0.57
Lot Size
0.30 AC
Zoning
CV - CV Claremont Village District
Parking
16 Spaces (2.16 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 8313-016-027 | Improvements Assessment | $566,263 |
| Land Assessment | $169,855 | Total Assessment | $736,118 |
PROPERTY TAXES
Parcel Number
8313-016-027
Land Assessment
$169,855
Improvements Assessment
$566,263
Total Assessment
$736,118
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McCarthy Professional Building | 201 W 4th St
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