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Lester Roberts Building 218 Glendora Ave 9,235 SF 100% Leased Office Building La Puente, CA 91744 $3,180,000 ($344.34/SF) 4% Cap Rate
Executive Summary
Rare opportunity to acquire a well-positioned professional office standalone property in the heart of La Puente/City of Industry established business corridor.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$126,180
|
$13.66
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$126,180
|
$13.66
|
| Taxes |
$22,000
|
$2.38
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,000
|
$2.38
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $126,180 |
| Annual Per SF | $13.66 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $126,180 |
| Annual Per SF | $13.66 |
| Taxes | |
|---|---|
| Annual | $22,000 |
| Annual Per SF | $2.38 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $22,000 |
| Annual Per SF | $2.38 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,235 SF
Building Class
C
Year Built
1980
Price
$3,180,000
Price Per SF
$344.34
Cap Rate
4%
NOI
$127,200
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,618 SF
Slab To Slab
11’
Building FAR
0.48
Lot Size
0.44 AC
Zoning
LPC2* - Neighborhood Commercial
Parking
24 Spaces (2.6 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- MDRN Staffing
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| MDRN Staffing | - | - | - | - |
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 8246-004-024 | Total Assessment | $2,327,228 |
| Land Assessment | $1,645,296 | Annual Taxes | $22,000 ($2.38/SF) |
| Improvements Assessment | $681,932 | Tax Year | 2025 |
Property Taxes
Parcel Number
8246-004-024
Land Assessment
$1,645,296
Improvements Assessment
$681,932
Total Assessment
$2,327,228
Annual Taxes
$22,000 ($2.38/SF)
Tax Year
2025
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Contact the Sale Advisor
Lester Roberts Building | 218 Glendora Ave