2612 S Baldwin Avenue Arcadia, CA ^$ 4,895,000

2612 S Baldwin Avenue

^$ 4,895,000

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Recently Listed

2612 S Baldwin Avenue

Arcadia, CA, 91007

^$ 4,895,000

Studio Baths0.0 Sq 5,771

Monthly Estimate*

^$ 32,534

Listed by Berkshire Hathaway HomeService

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Studio

Commercial Property for sale in Arcadia, CA

for $4,895,000. This 5,771 square foot building was built in 1967 on a lot size of 0.47.

***5.89% CAP Rate with $288,088 Year 1 NOI ***NEW 10-YEAR Absolute Triple Net Lease*** Extraordinary investment opportunity in a thriving educational institution that has been operating and serving the community for over 25 years. All Seasons Children's Learning Center is a private, independent, preschool and kindergarten. The school offers a distinctive, fully-integrated ADVANCED curricula that balances an academic program with all the principal elements of development and growth. The school currently holds a WAIT LIST of 300+ students. The site consists of a freestanding ±5,771 SF retail building, on a ±20,851 SF lot. A NEW 10-Year NNN Lease will commence at COE with a $288,088 Year-1 NOI (5.89% CAP RATE) and two Five-Year options to renew. Recent improvements consist of roof replacement.

Commercial Active

Price

^$ 4,895,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.47

Year Built

1967

Town/City

Arcadia

County/Region

Los Angeles

MLS | Web ID

OC24099140

Days on Market

Features

General

Heating Central

Cooling CentralAir

Utilities CableAvailable CableConnected ElectricityAvailable ElectricityConnected PhoneAvailable PhoneConnected WaterAvailable WaterConnected

Zoning ARC2D

Security Features SecuritySystem SecurityGate SecurityLights

Construction Materials Brick Concrete

Exclusions School not a business sale

Year Built 1967

Property SubType Retail

Business Type EducationSchool SpecialUse

Building Name All Seasons Children's Learning Center

County Los Angeles

Net Operating Income 288088.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Exit 10 fwy North onto Temple City Blvd RT onto Lower Azusa Rd Left onto Baldwin Ave and the school is on your right hand side

City Arcadia

View Y/N N

Senior Community Y/N N

MLS Area 605 - Arcadia

Lot Size Units SquareFeet

Lot Size Square Feet 20473.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 1

Street Name Baldwin

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing None

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N Y

Rent Control Y/N N

Virtual Tour https://vimeo.com/946041056?share=copy

Days on Market 9

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Retail

Cap Rate 5.88

Exterior

Fencing Brick

Lot Features Item01UnitAcre

Water Source Public

Total Parking 9.0

Lot Size Area 20473.0

Number of Buildings 1

Spa N

Building Area Total 5771.0

Lot Dimensions 206x96x225x87

Lot Size Acres 0.47

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2612

* Excluded Features

List By

Berkshire Hathaway Homeservice

Broker

(562) 739-6528

Phone

Affordability Calculator

$32,534

Per Month

Monthly Principal & Interest: $32,534
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Arcadia, CA

Average List Price ^$1,384,611

Percent of Sale Price 72%

About Arcadia, CA

57,588 Population

8% Since 2002

^$88,954 Median Income

44.82 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/17/2024	$4,895,000		Listed Price

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2612 S Baldwin Avenue, Arcadia, CA, 91007 is a Commercial Property for sale at $4,895,000 with 5,771 sqft and a lot size of 0.47. 2612 S Baldwin Avenue is a studio with 0.0 baths and was built in 1967. The property's zip code is 91007 which is in Arcadia, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2612 S Baldwin Avenue

Commercial Property for sale in Arcadia, CA

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