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2920 Huntington Drive, San Marino, CA

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2920 Huntington Drive

San Marino, CA 91108-2252 - Pasadena/Arcadia/Monrovia Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:1980
Stories:2 Typical Floor:7,332 SF Building Size:14,665 SF
For Sale Price:$7,400,000 Price/SF:$504.60
Cap Rate:4.21 %
Parking:Free Surface spaces are available; Free Covered spaces; Ratio of 3.2/1,000 SF Amenities:24 Hour Availability, Bus Line



Sale Notes:
Avison Young is pleased to present the offering for a rare opportunity to purchase a high quality office building in the heart of prestigious San Marino, CA. This two story highly maintained office building has a long history of low tenant turn over, and has an excellent tenant base. There is plenty of upside in this building with under market rents, caps on CAM's which should be eliminated, and an additional 586 square feet of common area which has not been accounted for in the load factor of the building. This "jewel box" of a building is a unique opportunity for any investor or owner-user.

The building is located in the heart of San Marino which is one of the most prestigious neighborhoods in Southern California. The property is surrounded by Chase Bank, the US Post Office, Starbucks, and many other local and national retailers. This is a 100% location offering, in a highly coveted commercial market place.


Avison Young
Gary W Berwick
(424) 265-9197

  
Avison Young
Lloyd H Bakan
(650) 425-6418




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