2184 E Colorado Boulevard

    Pasadena, CA 91107
    • $3,299,000
    • STATUS: Active
    • ON SITE: 334 days
    • ID#: PW18006614
    UPDATED: 51 min ago
    $3,299,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,845
      SQFT
    • $335
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Opportunity to own a one of a kind retail/warehouse building along a major arterial street in the City of Pasadena. The site is rectangular in shape, has generally level topography and is 100% usable. The property is zoned CG for a wide variety of commercial uses and is located in the Route 66 Sub Area of the East Colorado Specific Plan (ECSP), where commercial support uses are encouraged. The ECSP also states that single story 1950's architecture is preferred and desirable in the area. This 9,845 sq ft building, is composed of about approximately 4,125 sq ft of window lined retail space. The remainder of the building mainly comprises of open warehouse space. It is a one story Concrete Retail building constructed in 1949. The building appears to have been constructed as a multi tenant retail property as evidenced by the 3 entry doors at the front and the multiple mailing addresses, although it is currently 100% occupied by a single tenant. The building is generally an open shell with two wood framed offices, dressing rooms, men's & lady's room, and is currently used as gym/health club/fitness center. The subject does not have any on site parking. Parking is provided via public street parking.The current Tenant has an "under current market value" Lease in place until January 31, 2020.This property is located on one of the greatest boulevards in the city of Pasadena. It is close to the 210 freeway with easy access to the 134, 2, and 605 Freeway. Close to Rose Bowl

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T08:27:02.737. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/79853007

    2184 E Colorado Boulevard Pasadena, CA 91107

    • Price: $3,299,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: PW18006614
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    9,845
    SQFT
    $335
    $/SQFT
    1949
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Opportunity to own a one of a kind retail/warehouse building along a major arterial street in the City of Pasadena. The site is rectangular in shape, has generally level topography and is 100% usable. The property is zoned CG for a wide variety of commercial uses and is located in the Route 66 Sub Area of the East Colorado Specific Plan (ECSP), where commercial support uses are encouraged. The ECSP also states that single story 1950's architecture is preferred and desirable in the area. This 9,845 sq ft building, is composed of about approximately 4,125 sq ft of window lined retail space. The remainder of the building mainly comprises of open warehouse space. It is a one story Concrete Retail building constructed in 1949. The building appears to have been constructed as a multi tenant retail property as evidenced by the 3 entry doors at the front and the multiple mailing addresses, although it is currently 100% occupied by a single tenant. The building is generally an open shell with two wood framed offices, dressing rooms, men's & lady's room, and is currently used as gym/health club/fitness center. The subject does not have any on site parking. Parking is provided via public street parking.The current Tenant has an "under current market value" Lease in place until January 31, 2020.This property is located on one of the greatest boulevards in the city of Pasadena. It is close to the 210 freeway with easy access to the 134, 2, and 605 Freeway. Close to Rose Bowl
    Exterior Features

    Lot Features Lot 10000-19999 SqftLot Shape-RectangularNear Public TransitNo Landscaping Lot Size Source Assessor Lot Size Units Square Feet Roof BarrelFlat

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Amperage 200 Anchors Co Tenants Gym Asset Class Retail Building Area Units Square Feet Building Status Existing Country Us Current Use Comments Gym Electric 220V Other - See Remarks Exclusions Tenants Personal Property Expense Year 2018 Gross Scheduled Income 100161.00 Industrial Square Footage 5720 Industrial Type Warehouse/Distribution Insurance Expense 3250.00 Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 57323.00 Number Of Units Leased 3 Occupancy Occupied Operating Expense 42838.00 Property Sub Type Retail Real Estate Tax Expense 39588.00 Retail Square Footage 4125 Special Listing Conditions Standard Tax Annual Amount 39588.00 Tax Rate 1.20 Tax Year 2018 Total Building NRA 9845 Total Expenses 42838.00 Total Monthly Rent 8347 Utilities Electricity ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Voltage 240 Water Source Public Year Built Source Assessor Zoning Cg

    Listing provided courtesy of Patrick Sharples of Keller Williams Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T08:27:02.737. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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