10643 Mills Avenue Montclair, CA ^$ 2,250,000

10643 Mills Avenue

^$ 2,250,000

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10643 Mills Avenue

Montclair, CA, 91763

^$ 2,250,000

Studio Baths0.0 Sq 13,650

Monthly Estimate*

^$ 15,717

Listed by OCMS Realty

10643 Mills Avenue, Montclair, CA 91763 - Image 1

10643 Mills Avenue, Montclair, CA 91763 - Image 2

10643 Mills Avenue, Montclair, CA 91763 - Image 3

10643 Mills Avenue, Montclair, CA 91763 - Image 4

10643 Mills Avenue, Montclair, CA 91763 - Image 5

10643 Mills Avenue, Montclair, CA 91763 - Image 6

10643 Mills Avenue, Montclair, CA 91763 - Image 7

Studio

Commercial Property for sale in Montclair, CA

for $2,250,000. This 13,650 square foot building was built in 1956 on a lot size of 0.6715.

Submit All Offers! Great investment property with all six units fully leased out with long term tenants. Units consist of 1,050 to 4,550 SQFT. Lease rates are fairly low, great upside for new potential owner for future growth. This listing and list price also includes a very nice size (9,750 SQFT) parking lot, gated and fenced in the rear of the building (APN#1012-021-28-0000).

Commercial Active

Price

^$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.6715

Year Built

1956

Town/City

Montclair

County/Region

San Bernardino

MLS | Web ID

PW24052162

Days on Market

Features

General

Heating Central

Cooling CentralAir

Roof Flat

Zoning commercial Business Park

Construction Materials Stucco

Year Built 1956

Property SubType Retail

Tax Year 2023

Additional Parcels Description 1012021280000

County San Bernardino

Net Operating Income 94404.0

Operating Expense 32100.0

Insurance Expense 6650.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions South of E. Holt Blvd / West of Ramona Ave / North of E. Mission Blvd

City Montclair

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area 685 - Montclair

Lot Size Square Feet 29250.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 6

Street Name Mills

Listing Terms Cash CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 1600.0

Home Warranty Y/N N

Trash Expense 2561.0

Water Sewer Expense 1303.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 32

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Occupancy Description Owner

Property Sub Type Additional Retail

Exterior

Fencing ChainLink

Lot Features CulDeSac Landscaped Paved RectangularLot

Water Source Public

Lot Size Area 29250.0

Number of Buildings 1

Spa N

Building Area Total 13650.0

Lot Size Acres 0.6715

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 10643

* Excluded Features

List By

Ocms Realty

Broker

(714) 331-5587

Phone

Affordability Calculator

$15,717

Per Month

Monthly Principal & Interest: $15,717
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Montclair, CA

Average List Price ^$4,303,827

Percent of Sale Price 91%

About Montclair, CA

40,470 Population

16% Since 2002

^$51,160 Median Income

33.63 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/15/2024	$1,788,000		Listed Price

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10643 Mills Avenue, Montclair, CA, 91763 is a Commercial Property for sale at $2,250,000 with 13,650 sqft and a lot size of 0.6715. 10643 Mills Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 91763 which is in Montclair, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. 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.

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10643 Mills Avenue

Commercial Property for sale in Montclair, CA

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