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$3,200,000
Est. payment /mo
0.53 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25082280
HOA Y/N No
Year Built 1986
Lot Size 0.527 Acres
Property Sub-Type Office
Property Description
Torito Plaza is a prime Multi-Tenant Low Rise Office/Retail Building located at 23555 Golden Springs Dr in Diamond Bar, CA. Situated on a 22,947 SF parcel zoned C1 (Neighborhood Commercial), this freestanding two-story building totals 11,562 SF and offers 150 feet of street frontage. Positioned in a high-traffic corridor of Los Angeles County (APN: 8281-010-027), the property presents an outstanding opportunity for investors or owner-users. With strong visibility, flexible tenant mix, and long-term upside potential, Torito Plaza is ideal for those seeking a value-add asset in a desirable, supply-constrained submarket.
Prime value-add commercial opportunity—this property is 51% vacant with existing tenants on month-to-month leases, allowing flexible repositioning. Current rents are 42% below market, offering strong upside potential through lease-up and rent adjustments. The building requires approximately $250,000 in deferred maintenance, making it ideal for investors or owner-users seeking to unlock value through renovations and capital improvements. Located in a growing market, this asset is well-suited for a redevelopment strategy or long-term hold. With market fundamentals supporting rising demand, this is a rare chance to acquire, improve, and profit from a well-located underperforming property.
Download supplemental to review the detail marketing brochure.
Prime value-add commercial opportunity—this property is 51% vacant with existing tenants on month-to-month leases, allowing flexible repositioning. Current rents are 42% below market, offering strong upside potential through lease-up and rent adjustments. The building requires approximately $250,000 in deferred maintenance, making it ideal for investors or owner-users seeking to unlock value through renovations and capital improvements. Located in a growing market, this asset is well-suited for a redevelopment strategy or long-term hold. With market fundamentals supporting rising demand, this is a rare chance to acquire, improve, and profit from a well-located underperforming property.
Download supplemental to review the detail marketing brochure.
Location
State CA
County Los Angeles
Area 616 - Diamond Bar
Zoning C!
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description Corner Lot
Story 2
Water Public
Others
Tax ID 8281010027
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Eric Chavez • CAREBF INC • 213-999-0073
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