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888 S Indian Hill Boulevard, Claremont, CA 91711
$2,850,000
888 S Indian Hill Boulevard, Claremont, CA 91711View this property at 888 S Indian Hill Boulevard, Claremont, CA 91711
888 S Indian Hill BoulevardClaremontCA91711
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Property Description
Located conveniently just off the 10 freeway and surrounded by key retailers such as Starbucks, Chipotle, and McDonald's, this high-traffic site is an exceptional investment that offers a predictable and escalating income stream. The new tenant, El Gallo Giro, is starting a complete top-to-bottom renovation of the building and has a brand new 15-year Absolute NNN land lease, which includes 10% rent escalations every 5 years. Don't miss this opportunity to invest in Claremont's bustling retail scene with this no management and no stress, property.
Full Property Details
Full Property Details for 888 S Indian Hill Blvd
General
- Price: $2,850,000
- Status: Active
- Type: Business
- MLS ID: CV24057566
- Updated: 3/28/2024
- Days on Market: 42 days
- Added to Site: 42 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: South of the 10 Freeway on Indian Hill Blvd.
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1830
- Square Feet: 1,830
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.4936
- Useable Acres: .4936
- Lot Size (Sq. Ft.): 21,503
- Lot Size Source: Assessor
- Lot Features: Corner Lot, Lot 20000-39999 Sqft, Near Public Transit, Paved
- Lot Description: Corner Lot, Lot 20000-39999 Sqft, Near Public Transit, Paved
Financial Considerations
- Price Per Sq. Ft.: $1,557
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Property ID: 8322006004
Listed by The Wright Associated Company, ThomasGibson
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Schools
Schools serving 888 S Indian Hill Blvd
School District:Claremont Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
120 W Green St, Claremont, CA 91711 | K-6 | 0.9 mi | |
665 N Mountain Ave, Claremont, CA 91711 | 7-8 | 1.6 mi | |
1601 N Indian Hill Blvd, Claremont, CA 91711 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 888 S Indian Hill Blvd
Date
Details
Price
Change
Source
3/22/2024
Listed
$2,850,000
137.5%
MLS
5/16/2016
Sold
$1,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 888 S Indian Hill Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,758
2%
$1,338,617
2%
2022
$16,495
1%
$1,312,371
2%
2021
$16,257
3%
$1,286,639
1%
2020
$15,827
2%
$1,273,448
2%
2019
$15,517
4%
$1,248,480
2%
2018
$14,866
3%
$1,224,000
2%
2017
$14,480
125%
$1,200,000
143%
2016
$6,443
1%
$494,590
2%
2015
$6,362
—
$487,162
2%
2014
$6,386
—
$477,620
—
2013
$6,366
—
$475,462
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 888 S Indian Hill Blvd
888 S Indian Hill Boulevard, Claremont, CA 91711 (MLS# CV24057566) is a Business property. 888 S Indian Hill Boulevard is currently listed for $2,850,000 and was received on March 22, 2024. Want to learn more about 888 S Indian Hill Boulevard? Do you have questions about finding other Business real estate for sale in Claremont? You can browse all Claremont real estate or contact a Coldwell Banker agent to request more information.