Commercial property
Listing Agent: Roger Phillips (DRE #01057506) · Listing Office: Keller Williams Realty · Contact: (310) 721-2896 · Bought with: Victor Panosian · Pinnacle Estate Properties · MLS #P1-19694 · Source: CRMLS
406 E Vanderbilt Way 8 sold for $2,800,000 in May 2025, 6.7% under its $3,000,000 list price, after 170 days on the market. It was first listed at $2,500,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Currently vacant, the property is ready for immediate occupancy, whether for an owner-user or as an investment. This well-maintained Class B medical office building spans 10,147 sq. ft. with two stories and was built in 2006. Located within the 'Summit at Tri-City' office park, it offers 25 parking spaces allotted to the building. It is strategically positioned near five hospitals, making it ideal for a medical practice. The office park is conveniently situated just minutes from a variety of amenities. Employees can enjoy lunch options such as In-N-Out Burger, Olive Garden, and Cafe Organics, while several nearby gyms, including Planet Fitness, Esporta Fitness, and 24-Hour Fitness, provide excellent fitness and wellness opportunities.
Listing description from the May 2025 sale, as reported to CRMLS.