Active

2612 S Baldwin Avenue

Arcadia CA, 91007

$4,895,000


$848.21 per sqft

Active

5,771 sqft

Commercial

Built in 1967

Listed by Joseph Lotfy with Berkshire Hathaway HomeService 949-644-6200

***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.

OC24099140

MLS ID

May 16, 2024

Listed

May 26, 2024

Updated

Map

2612 S Baldwin Avenue
Arcadia CA, 91007

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.47 Acres


Lot Features

0-1 Unit/Acre

Other Property Details

Area Name

605 - Arcadia


Days on Market

9


Garage

No


Parking Total

9


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

ARC2D


Buyer Agency Compensation

3%

Listing Contact: 949-644-6200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/26/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/26/2024 at 6:38 AM UTC

 

Powered byLuxury Presence