| Property Use Type: | Investment |
| Type: | Office
Office Building |
| Building Size: | 14,665 SF |
| Building Class: | B |
| Lot Size: | 24,394 SF |
| Occupancy: | 94.00% |
| Price: | $4,700,000 |
| Price/SF: | $320.49 |
| Year Built: | 1980 |
| Seller Willing to Carry Financing with 25% Down Payment with 4% Interest Only Fixed Rate | • | Owner/User Potential |
|
| • | Walking Distance to San Marino High School | • | Prime San Marino Huntington Drive Location |
|
| • | 10& Year 1 Cash on Cash with Seller Financing | • | 45 Large Parking Spaces with Potential to Redraw Spaces and Increase Parking |
| Year: | 2008 | | Scheduled Gross Income: | $368,478 | | Effective Gross Income: | $350,054 | | Operating Expenses: | $138,905 | | Net Operating Income: | $211,149 | | Pre-Tax Cash Flow: | $70,149 | |
Debt & Equity Information
| Debt Type: | Proposed |
| Loan Amount: | $3,525,000 |
| Interest Rate: | 4.00% |
| Annual Debt Service: | $141,000 |
| Down Payment: | $1,175,000 |
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