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18253 Colima Road

18253 Colima Road, Rowland Heights, CA 91748
Commercial in Rowland Heights
1 Units For Sale
Unit for sale at 18253 Colima Road, Rowland Heights, CA 91748

$12,500,000

  • Commercial
  • 16,188 ft²
18253 Colima Road, Rowland Heights, CA 91748 Listing by Richard Park

Local assessors in Rowland Heights, CA have categorized 18253 Colima Road as a unknown type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 9,679 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 18253 Colima Road has a total of 32,628 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 18253 Colima Road is a 3 code building. This code stands for "unknown". Additional features on the property are as follows. There is a unknown for those who need a place to park their vehicle. There are 51 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - unknown. Residents rely on unknown for their cooling system. The property was last sold in Oct 11, 2017 for $10,500,000. That's $321.81 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2016 for $9,025,000. 18253 Colima Road was last assessed in 2023. The total value of the property was assessed at $8,414,512. Specifically, the land the property is located on was valued at $2,098,706. While improvements on the property were assessed at a total of $6,315,806. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $103,722. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230109
01/09/2023
Loft
-
16188 ft²
$12,500,000
bedrooms
Loft
bathrooms
-
square feet
16188 ft²
-
-
-
Richard Park
Realty One Group Synergy
20220415
04/15/2022
Loft
-
16188 ft²
$11,999,000
bedrooms
Loft
bathrooms
-
square feet
16188 ft²
-
-
-
Richard Park
Realty One Group Synergy
20200624
06/24/2020
Loft
-
16000 ft²
$12,499,000
bedrooms
Loft
bathrooms
-
square feet
16000 ft²
-
-
-
Richard Park
Realty One Group Synergy

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 2
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 8
  • Business/Commerical Units Count: 8
  • Basement Area: 0
  • Parking Space Count: 51

    Dimensions

  • Lot Size Square Feet: 9,679
  • Total Building Area: 32,628
  • Gross Building Area: 16,526
  • Building Area: 32,628
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 32,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: THE RANCHO LA PUENTE
  • Land Acres: 0.222
  • Legal Description 1: FOR DESC SEE ASSESSORS MAPS POR OF RANCHO LA PUENTE

Ownership

  • Current Owner : COLIMA PARK INVESTMENTS LLC
  • Previous Owner : BASS INVESTMENT & MANAGEMENT CORP
  • Owner Before Previous Owner: COLIMA JJ PLAZA LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rowland Unified School District
  • Census Tract: 408213

Zoning

  • Zoning: LCC1*

Geography

  • Assessors Map Reference: 98-D4
  • Parcel: 8270-006-037
  • Lot: 6
  • Municipality: EAST /LA PUENTE
  • Latitude: 33.9889
  • Longitude: -117.906

    Address

  • Full Address: 18253 Colima Rd
  • Address - House Number: 18253
  • Address - Street Name: Colima
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Rowland Heights
  • Carrier Code: C058
  • 4-Digit Zip Code: 2666
  • Zip Code: 91748

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $103,722
  • Tax Rate Code Area: 08-296

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $4,657,634
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Jan 16, 2018
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $2,407,634
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Lender: BBCN BANK
  • Second Open Lien Mortgage Recording Date: Oct 29, 2021
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $2,250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,414,512
  • Assessed Land Value: $2,098,706
  • Assessed Improvements Value: $6,315,806

    Sales

  • Current Sale Contract Date: Oct 11, 2017
  • Current Sale Recording Date: Jan 16, 2018
  • Current Sale Transaction ID: 11359969464
  • Current Sale Price: $10,500,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 18-0043896
  • Previous Sale Recording Date: Jun 21, 2016
  • Previous Sale Contract Date: Jun 06, 2016
  • Previous Sale Amount: $9,025,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Jan 16, 2018
  • First Mortgage Loan Amount: $2,407,634
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: WILSHIRE BANK
  • Previous Mortgage Transaction Date: Jun 21, 2016
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $1,900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

About Rowland Heights



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Frequently Asked Questions

What neighborhood is 18253 Colima Road located in?
The 18253 Colima Road is a commercial located in the neighborhood of Rowland Heights in Rowland Heights, Rowland Heights.
How many listings are currently for sale in 18253 Colima Road?
There is one unit for sale right now.
What is the average sales price for listings in 18253 Colima Road?
The average sales price for units in 18253 Colima Road is $12,500,000 , or $772/sqft. currently.

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