- For Sale $10,740,000
- Property Type Office
- Property Size 53,953 SF
- Parking Spaces Avail. 181
- Parking Ratio 3.35 / 1,000 SF
- Date Updated Mar 26, 2026
Description
Four-story 53,953-square-foot office building built in 1982 with two elevators on an approximate 2.2-acre parcel (no association).
This building can be purchased by an owner-user, occupying the entire premier top floor along with portions of space on each of the other three floors. A user occupying ±50% of the building can qualify for an SBA loan with only a 10% down payment.
For a user, lock in your cost of occupancy with a 25-year fully-amortized 90% SBA loan, protecting against runaway lease rates. Loan illustration available upon request.
If a buyer were to occupy ±59% of the building, the existing income on the ±41% of the building currently occupied produces ±$55,684 per month (±$668,209 annually). Rent roll is available upon request to qualified buyers.
Potential future site plan shows convenient surface parking totaling 181 stalls. The owner will finish this work prior to close of escrow.
Restaurants and amenities are within the immediate vicinity of this building as can be seen on the amenities map (Page 6), and the building enjoys prominent 5 Freeway signage and exposure.
Priced to sell, at $199/sf this offering is a clear value compared to sale comps described on Page 11.
Replacement cost detailed on Page 12 is estimated at $485/sf, making the asking price of $199/sf a clear value.
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Contacts
Economos DeWolf
Economos DeWolf
Economos DeWolf
Economos DeWolf