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420 S 1st Ave 1,296 SF Retail Building Arcadia, CA 91006 $2,700,000 ($2,083.33/SF) 2.22% Cap Rate
Investment Highlights
- Located in the heart of Arcadia, offering proximity to major retail, dining, and entertainment destinations within the San Gabriel Valley.
- Situated within a highly regarded school district, enhancing long-term residential and investment appeal.
- Just minutes from Santa Anita Park, Westfield Santa Anita Mall, and Arcadia’s vibrant downtown, offering strong lifestyle amenities.
- Positioned near key transportation routes, including easy access to I-210 and major surface streets, ensuring strong regional connectivity.
- Surrounded by established neighborhoods and commercial corridors, providing a stable and desirable environment for future development.
- Located approximately 20 miles from Downtown Los Angeles, providing convenient access to a major economic hub while maintaining suburban advantages.
Executive Summary
Appraised at $2.7M
696 Square Feet Plus an Additional 600 Square Feet Covered Eating Space.
5,000 a month
696 Square Feet Plus an Additional 600 Square Feet Covered Eating Space.
5,000 a month
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,296 SF
Building Class
C
Year Built/Renovated
1959/2026
Price
$2,700,000
Price Per SF
$2,083.33
Cap Rate
2.22%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.33 AC
Zoning
ARC2* - Commercial C2
Parking
8 Spaces (6.17 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $36,327 | |
| Land Assessment | $333,820 | Total Assessment | $370,147 |
Property Taxes
Parcel Numbers
Land Assessment
$333,820
Improvements Assessment
$36,327
Total Assessment
$370,147
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Photos
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Street
Map
Presented by
Coastwide Partners Inc.
420 S 1st Ave
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