400 E Live Oak Ave - Office FOR SALE


Arcadia, CA 91006
$11,000,000 USD
626-616-3974
400 E Live Oak Ave, Arcadia, CA for Sale
$11,000,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

NEW


400 E Live Oak Ave
Arcadia, CA 91006


HIGHLIGHTS

  • Zoned MU (Mixed Use) allows for a variety of residential uses including multifamily, senior housing, assisted living and affordable housing
  • Subject to parking requirements medical office, professional office and certain types of retail are permitted
  • Minutes from USC Arcadia Hospital, Los Angeles County Arboretum and San Gabriel Valley Airport
  • Mixed-Use, Multifamily, Senior Housing Development Opportunity on an Existing +/- 37,256 R&D Building, 1.97 Acre Site

OVERVIEW

Otherwise known as the “City of Homes”, Arcadia is recognized as one of Southern California's most desirable communities for families, offering an exceptional quality of life, safe neighborhoods, and outstanding public services. The community employs its own police and fire departments and provides and abundance of parks, recreational facilities, youth programs, and community events that foster a family-oriented lifestyle. Arcadia also offers convenient access to major freeways, regional employment centers, shopping, dining, and attractions such as the Los Angeles County Arboretum and Santa Anita, while maintaining a welcoming suburban character that continues to attract families seeking a vibrant, stable, and well-connected community. Specific to the Subject Property, the Mixed Use (MU) zone is intended to provide opportunities for commercial and residential mixed-use development that takes advantage of easy access to transit and proximity to employment centers, and encourages pedestrian activity. A wide range of integrated commercial and residential uses are appropriate. Residential uses are permitted above ground floor commercial or adjacent to a commercial development, or as standalone projects if affordable housing units are provided. This zone implements the General Plan Mixed Use designation. Subject to existing development standards, mixed use (residential above ground floor commercial), senior housing, assisted living and affordable housing are permitted uses.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,987 SF

ZONING

MU

APN/PARCEL ID

8572-001-030

ASK ABOUT THIS PROPERTY

John BergerLee & AssociatesMore Info
626-616-3974

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John BergerLee & AssociatesMore Info
626-616-3974

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.