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.
Date | Details | Change |
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Price Reduced from $3,200,000 to $2,850,000 |
Eric Chavez, CAREBF INC.
Based on information from California Regional Multiple Listing Service, Inc. as of July 25th, 2025 at 3:56pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.