965 Calimesa Blvd
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965 Calimesa Blvd
4,400 SF Retail Building Calimesa, CA 92320 $900,000 ($205/SF) 6% Cap Rate
Investment Highlights
- High Traffic Count and Maximum Exposure
- Retail and Residential Units
- Versatile Mixed-Use Property
Executive Summary
This versatile mixed-use property offers an excellent opportunity to live, work, or generate additional income. The building features 1,800 square feet of prime retail space at the front, ideal for a business looking for high traffic count and maximum exposure. The retail and residential units each have their own separate entrance, ensuring privacy and convenience. The back unit boasts a spacious 2,600 square foot residence with 3 bedrooms and 2 bathrooms, perfect for comfortable living. You can either run your business in the front or rent out the retail space for extra income while enjoying the back unit as your home.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
C
Year Built
1960
Price
$900,000
Price Per SF
$205
Cap Rate
6%
NOI
$54,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.72
Land Acres
0.14 AC
Zoning
C1 - This versatile mixed-use property, 1,800 square feet of prime retail space, 2,600 square foot residence with 4 bedrooms and 2 bathrooms
Parking
5 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
300 FT on Calimesa Blvd
Amenities
- 24 Hour Access
- Corner Lot
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 411-111-004 | Improvements Assessment | $221,025 (2023) |
| Land Assessment | $123,761 (2023) | Total Assessment | $344,786 (2023) |
PROPERTY TAXES
Parcel Number
411-111-004
Land Assessment
$123,761 (2023)
Improvements Assessment
$221,025 (2023)
Total Assessment
$344,786 (2023)
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965 Calimesa Blvd
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