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985 987 W Foothill Boulevard $3,180,000

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    985 987 W Foothill Boulevard Claremont, CA 90065

    Active Under Contract
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    • 11,410 sq. ft.
    • 1.01 Acres
    • Commercial Sale
    • MLS# AR22037906
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    Views: 17 Days On Market: 260

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    Property Details

    Must see! Lower than average market price. Two commercial buildings on one lot, over 1 AC. Located on the dense commercial strip, adjacent to Walgreen, Sprouts Farmers Market, Doubletree by Hilton, and Trader Joe's. 985 is a single-story retail building with stable long-term tenants, tenants mix are a facial salon, pet salon, insurance agency, tax services, and a hair salon. 987 is a two-story building with retail on the first floor, 4 offices on the second floor. The buyer will have upward with the rent since all tenants have short leases at the moment and offer re-development opportunities. Great location, perfect for owner users and investors.

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    Neighborhood

    90065 (Claremont) Demographics

    37 Median Age
    8,975 Population Density (per sq. mile)
    44% College Educated
    $76,080 Estimated Median Income
    7,557 Estimated Total Home Owners
    8,687 Estimated Total Renters
    47% / 53% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    47,389 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,100,000 Median Sales Price
    27 Homes Sold
    31 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,180,000
        6/27/2022 4:46:57 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        3/1/2022 5:17:00 AM New in Database Source: Multiple Listing Service New Value: $3,180,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/6/2022 10:49:16 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.