Sunday, October 24, 2010

San Marino Office Building For Sale $1,465,000


Building Size:3,344 SF
Price/SF: $438.10
Property Type: Office
Property Sub-type: Office Building
Property Use Type: Vacant/Owner-User

No. Stories: 2
Building Class: B
Year Built: 1969
Lot Size: 6,219 SF


Highlights

* Gross Scheduled Income: approx $68,964. (2nd floor at $3250/mo)
* Estimated Expenses: approx $31,881
* Estimated NOI: approx. $37,083.

* Buyer to verify all information.
* Financial information is estimated


Description

This beautiful stand alone building in San Marino is available for sale! The first floor has an entry lobby, two offices, two restrooms, and a large open office area. The second floor office has its own separate ground level entry and includes 4 offices, a reception area, a kitchenette, closet, restroom, and patio. The first floor is currently leased. The second floor will be available Oct. 2010. The building is located in San Marino and close to restaurants and shopping. The tenants pay their own utilities. 11 parking spaces. Gross Sch. Income includes 2nd floor at $3250/month. Operating expenses are estimated and include earthquake property insurance expense. A great opportunity for an owner/user!

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