425 W Bonita Avenue

Description

We are excited to present a bulk sale opportunity for 17 well-maintained commercial condos located in the prestigious Plaza Del Rancho building at 425 W Bonita Avenue, San Dimas, CA 91773. This property is situated in a highly sought-after area of San Dimas, which is currently undergoing significant development, including the construction of a new Gold Line train station nearby. This upcoming transit improvement is expected to greatly enhance connectivity and ease of commute, making the property even more attractive to potential tenants and investors. The Plaza Del Rancho building has been meticulously maintained by the current owner, who has ensured that all necessary repairs have been completed to keep the building in great condition. The owner has also managed building expenses effectively, keeping them to a minimum while setting rental rates at market-reasonable levels. This strategic approach helps to optimize profitability and ensures that the units remain competitive in the market. This portfolio sale represents a unique investment opportunity in a growing and strategically located area. The combination of well-maintained units, relatively low operating expenses, and the anticipated benefits of nearby transit improvements make this property a valuable asset for investors seeking stable returns and future growth potential.

Listing information courtesy of: Samuel Flores Reyes, PureMotive Realty Inc. 6265569500. *Based on information from the Association of REALTORS/Multiple Listing as of 10/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.