Condominium buy in Arcadia California

1M Price Reduction!! Bring Offers! Completely renovated for medical offices in 2009-2010 with close to $1M capital improvements made to the building. This property has four separate medical practices in one building-excellent opportunity for multiple partner practice. A total of 10,000 square feet with elevator access, sprinklers and ample on site parking. Each floor features a large lobby area with seating to accommodate waiting patients and social distancing. Two medical practices currently reside on each floor with prominent monument signage along highly trafficked Duarte Road. Each medical suite has a waiting area, reception, administrative area, multiple treatment rooms with sinks, lab or working area, doctors offices, private restrooms for staff and patients and a breakroom. Each medical suite has unique high-end finishes throughout- no expense was spared. The suites feature cabinetry and storage throughout for medical supplies, built-in administrative desks and work areas and treatment rooms with sinks and cabinets- ideal for most medical uses. The lobby area features high ceilings, skylights and two accessible entrance doors from the large parking lot. There are also common area restrooms in the lobby area with multiple stalls. Additional parking can be leased from adjacent church. Potential new income from cell tower! Excellent natural light throughout with views to the San Gabriel Mountains. This property is located at the South end of the Downtown Arcadia district. It is at the highly trafficked signalized intersection of 1st and Duarte Rd. Located across from a large mixed-use development under construction. Minutes to Methodist Hospital and City of Hope. It is located immediately outside of the Downtown Mixed-Use zone in the General Commercial zone. This lot sits at just under one acre- providing ample parking and multiple points of ingress and egress for convenient patient access. Two entry ways provide access from 1st Avenue and Duarte Road. MLS® ID: AR21157642 Listed: 7/15/21 Updated: 10/16/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: None Cooling: Central Air Heating: Central Exterior/Building Features Lot Size: 0.84 acres lot Lot Details: Landscaped, Near Public Transit, Sprinkler System Other Property Details Area Name: 605 - Arcadia Garage: No Parking: N View: N County: Los Angeles Water Source: Public Pool: No Total Stories: 2 Zoning: CG Property History Date Event Price Value 5/5/22 Price Change $6,900,000 -12% 3/9/22 Price Change $7,900,000 -4% 1/14/22 Price Change $8,250,000 -2% 9/23/21 Price Change $8,500,000 -8% Courtesy of Top Commercial Realty, Inc, Linda Vidov, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/22. 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.