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695 W Terrace Drive, San Dimas, CA 91773
$4,396,496
695 W Terrace Drive, San Dimas, CA 91773View this property at 695 W Terrace Drive, San Dimas, CA 91773
695 W Terrace DriveSan DimasCA91773
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Property Description
We are pleased to exclusively present the opportunity to acquire 695 West Terrace Drive, a freestanding industrial building located in the city of San Dimas, California. The property is strategically situated next to the CA-57 Freeway off the Covina Blvd exit. The CA-57 Freeway takes commuters north to the I-210 and south to the I-10 freeways, providing easy access to two major transportation corridors throughout the Southern California Region. The subject property is also conveniently located only one mile away from the Foothill Gold Line San Dimas Station, which is on schedule to be completed in early January 2025.
Constructed in 1973, this well-located property is situated on 0.79 acres (34,789 square feet) with a total building area of ±14,704 square feet. The property features a secured entrance with a fenced yard, two ground level roll-up doors (±16'x12' & ±12'x12'), solar panels on the roof, ±1,680 square foot office space, and a large bonus mezzanine (S.F. not included in total area). The building has a clear ceiling height of ±18 feet and offers ample parking with approximately thirty-two open spaces on-site. In addition, the building is serviced by ±800 amp-277-480-volt power. Located in the highly desirable East San Gabriel Valley location, the industrial building is zoned SDM1 for light industrial and is surrounded by business-friendly trade environment with excellent visibility.
Full Property Details
Full Property Details for 695 W Terrace Dr
General
- Price: $4,396,496
- Status: Active
- Type: Industrial
- MLS ID: CV24041574
- Updated: 4/15/2024
- Days on Market: 60 days
- Added to Site: 61 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: CA-57 freeway off of the W Covina Blvd exit
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 14704
- Square Feet: 14,704
- Year Built: 1973
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Size (Acres): 0.7986
- Useable Acres: .7986
- Lot Size (Sq. Ft.): 34,789
- Lot Size Source: Other
- Lot Features: Corner Lot
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $299
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Property ID: 8382001046
Listed by Marcus & Millichap, DouglasMcCauley and DavidCovarrubias
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Schools
Schools serving 695 W Terrace Dr
School District:Bonita Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
400 N Walnut Ave, San Dimas, CA 91773 | K-5 | 1.2 mi | |
700 S Lone Hill Ave, San Dimas, CA 91773 | 6-8 | 0.6 mi | |
800 W Covina Blvd, San Dimas, CA 91773 | 9-12 | 0.3 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 695 W Terrace Dr
Date
Details
Price
Change
Source
4/15/2024
Price Reduced
$4,396,496
-5.08%
MLS
2/29/2024
Listed
$4,631,760
438.58%
MLS
9/02/1992
Sold
$860,000
—
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 695 W Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$20,011
2%
$1,433,069
2%
2022
$19,681
2%
$1,404,971
2%
2021
$19,230
1%
$1,377,423
1%
2020
$18,979
1%
$1,363,300
2%
2019
$18,875
7%
$1,336,569
2%
2018
$17,576
2%
$1,310,363
2%
2017
$17,269
3%
$1,284,670
2%
2016
$16,804
2%
$1,259,481
2%
2015
$16,555
1%
$1,240,563
2%
2014
$16,407
2%
$1,216,263
—
2013
$16,134
—
$1,210,767
—
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 695 W Terrace Dr
695 W Terrace Drive, San Dimas, CA 91773 (MLS# CV24041574) is a Industrial property. 695 W Terrace Drive is currently listed for $4,396,496 and was received on February 29, 2024. Want to learn more about 695 W Terrace Drive? Do you have questions about finding other Industrial real estate for sale in San Dimas? You can browse all San Dimas real estate or contact a Coldwell Banker agent to request more information.