JUST SOLD
1361–1363 Foothill Blvd
La Cañada Flintridge, CA 91011
Investment & Closing Details
- Sale Price: $2,700,000
- Price Per SF: $658
- CAP Rate: 5.5%
- Asset Type: Office / Mixed-Use
- Buildings: 2
- Unit Count: 7
- Occupancy: 100%
- Year Built: 1940s / 1950s
- Lease Type: Gross Modified
- 6 Parking Spaces
- Market Rents Achieved: ~$2.75–$3.50/SF
Deal Highlights
- Under contract in less than 15 business days
- Multiple qualified offers and strong backup offers
- Final sale price achieved very close to asking
- Marketed to over 100,000 investors throughout Southern California
- Listed across multiple professional platforms
- High-impact marketing strategy & visuals
- Tenants brought to market-rate rents prior to sale
- Professional lease restructuring increased value
- Basic improvements enhanced property appeal
Our Strategy
Strategy and preparation were key to the successful sale. Before bringing the property to market, we adjusted rents to current market levels, executed professional lease agreements, and completed targeted improvements to enhance overall presentation.
We deployed a strategic marketing campaign across multiple listing platforms and directly marketed to our office database of over 100,000 investors and buyers throughout Southern California.
If you are considering selling your property, we would be happy to provide a complimentary valuation and strategic plan tailored to your asset.
Call 323-327-3686 to discuss your property.