21
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$3,200,000
Est. payment /mo
0.53 Acres Lot
Active
23555 Golden Springs DR Diamond Bar, CA 91765
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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
Listed by Eric Chavez CAREBF INC 213-999-0073