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28906 Hook Creek Rd 2,640 SF 100% Leased Office Building Cedar Glen, CA 92321 $738,070 CAD ($279.57 CAD/SF)



Investment Highlights
- Prime Cedar Glen Location – Just minutes from Lake Arrowhead in a high-demand mountain community.
- Level, Direct Access – Easy entry from parking enhances accessibility and tenant appeal.
- Value-Add Potential – Commercial space offers two entrances and possible division for increased rental use.
- Flexible Commercial Space – Ideal for medical, professional, or retail use with strong adaptability.
- Multiple Income Streams – Commercial unit plus three residential apartments.
- Live-Work Opportunity – Ideal for owner-users seeking business space with on-site residential income.
Executive Summary
Don’t miss this exceptional opportunity to own a versatile, income-producing mixed-use property in the heart of Cedar Glen, just moments from scenic Lake Arrowhead. Currently configured as a medical office, this spacious commercial building offers a flexible layout well-suited for a wide range of professional and retail uses.
Ideal for a medical spa, chiropractic or doctor’s office, real estate firm, law or accounting practice, or retail storefront, the main commercial unit features level, direct access from the parking area, ensuring excellent visibility and accessibility for clients and staff. The office includes two separate entrances and can potentially be divided, creating added flexibility and enhanced rental income opportunities.
Adding significant value, the property also includes three residential apartments located below the commercial space, each with its own private entrance. Two units offer 1 bedroom and 1 bathroom, while the third features 2 bedrooms and 1 bathroom, providing multiple streams of steady rental income or the option for an owner-occupant.
Whether you’re an investor seeking diversified income or a business owner looking for a live-work opportunity in a highly desirable mountain community, this Cedar Glen property delivers on location, flexibility, and potential.
Rent By Unit:
Unit 1 - Main Office: $2,000
Unit 2 - $1,175
Unit 3 - $975
Unit 4 - $975
Ideal for a medical spa, chiropractic or doctor’s office, real estate firm, law or accounting practice, or retail storefront, the main commercial unit features level, direct access from the parking area, ensuring excellent visibility and accessibility for clients and staff. The office includes two separate entrances and can potentially be divided, creating added flexibility and enhanced rental income opportunities.
Adding significant value, the property also includes three residential apartments located below the commercial space, each with its own private entrance. Two units offer 1 bedroom and 1 bathroom, while the third features 2 bedrooms and 1 bathroom, providing multiple streams of steady rental income or the option for an owner-occupant.
Whether you’re an investor seeking diversified income or a business owner looking for a live-work opportunity in a highly desirable mountain community, this Cedar Glen property delivers on location, flexibility, and potential.
Rent By Unit:
Unit 1 - Main Office: $2,000
Unit 2 - $1,175
Unit 3 - $975
Unit 4 - $975
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$7,690
|
$2.91
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$7,690
|
$2.91
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $7,690 |
| Annual Per SF | $2.91 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $7,690 |
| Annual Per SF | $2.91 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,640 SF
Building Class
C
Year Built/Renovated
1963/2021
Price
$738,070 CAD
Price Per SF
$279.57 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,320 SF
Slab To Slab
10’
Building FAR
0.55
Lot Size
0.11 AC
Zoning
LA/CG - Commercial General
Parking
5 Spaces (1.89 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 0331-101-20 | Improvements Assessment | $421,729 CAD |
| Land Assessment | $93,059 CAD | Total Assessment | $514,789 CAD |
Property Taxes
Parcel Number
0331-101-20
Land Assessment
$93,059 CAD
Improvements Assessment
$421,729 CAD
Total Assessment
$514,789 CAD
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28906 Hook Creek Rd
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