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1220 Jepsen Ave. A 1220 Jepsen Ave. B 1220 Jepsen Ave 1,678 SF 100% Leased Office Building Corcoran, CA 93212 $524,238 CAD ($312.42 CAD/SF)
Executive Summary
Prime investment opportunity in Corcoran Ca. Two office spaces in one building currently rented. Property was renovated approximately in 2024. All utilities are split besides water.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$44,326
|
$26.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$44,326
|
$26.42
|
| Taxes |
$5,242
|
$3.12
|
| Operating Expenses |
$2,131
|
$1.27
|
| Total Expenses |
$7,373
|
$4.39
|
| Net Operating Income |
$36,952
|
$22.02
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $44,326 |
| Annual Per SF | $26.42 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $44,326 |
| Annual Per SF | $26.42 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,242 |
| Annual Per SF | $3.12 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,131 |
| Annual Per SF | $1.27 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $7,373 |
| Annual Per SF | $4.39 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $36,952 |
| Annual Per SF | $22.02 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
1,678 SF
Year Built/Renovated
1924/2024
Price
$524,238 CAD
Price Per SF
$312.42 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,678 SF
Opportunity Zone
Yes
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 032-031-013-000 | Total Assessment | $300,053 CAD |
| Land Assessment | $66,514 CAD | Annual Taxes | $5,242 CAD ($3.12 CAD/SF) |
| Improvements Assessment | $233,539 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
032-031-013-000
Land Assessment
$66,514 CAD
Improvements Assessment
$233,539 CAD
Total Assessment
$300,053 CAD
Annual Taxes
$5,242 CAD ($3.12 CAD/SF)
Tax Year
2025
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All Family Lending & Real Esta
1220 Jepsen Ave. A 1220 Jepsen Ave. B | 1220 Jepsen Ave
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