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28906 Hook Creek Rd

2,640 SF Vacant Office Building Cedar Glen, CA 92321 $599,000 ($227/SF)

Executive Summary

COMMERCIAL + INCOME
Just minutes from Lake Arrowhead sits this Professional building so much potential. Current set up has several private offices and or exam rooms. Property is zoned commercial/medical office. Currently property is being utilized as a multi-use building. Easy access for clients with this ground level office suite. Below the office suite there are three units. Each unit is a one-bedroom apartment unit. All units are currently being rented out. Office space is currently set up as a dental office. (Dental equipment, chairs and other furnishings are available for purchase if Buyer wants these items, they may be negotiated separately) Property offers a perfect location for dental/ medical/real estate/law or other professional office use. Space is set up with waiting/reception area and 4 private exam rooms/private office spaces. Property does have a newer roof. If you are looking for just having a rental the owner feels the office portion should be able to rent for about $2800.00 monthly. Buyer to cooperate with Sellers 1031 Tax Exchange at no cost to the Buyer.
The 3 units below the office space are all currently rented out. All are one-bedroom units. One unit is approximately 575 sq ft and is rented for $1075.00 monthly. The other two units are approximately 380 sq ft each and each unit is rented for $875.00 monthly.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
2,640 SF
Building Class
C
Year Built
1963
Price
$599,000
Price Per SF
$227
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,320 SF
Slab To Slab
10’
Building FAR
0.55
Land Acres
0.11 AC
Zoning
LA/CG
Parking
5 Spaces (1.89 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0331-101-20
Land Assessment
$66,738
Improvements Assessment
$302,447
Total Assessment
$369,185
  • Listing ID: 29555075

  • Date on Market: 9/19/2023

  • Last Updated:

  • Address: 28906 Hook Creek Rd, Cedar Glen, CA 92321

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