4250 Pennsylvania Avenue
La Crescenta, CA 91214
0.48 acres | #GD24142038
Description
We are pleased to present a multi-tenant office building located in the beautiful neighborhood of La Crescenta and strategically located in very close proximity to the 210 Freeway. La Crescenta is a quiet and affluent neighborhood nestled in the foothills of Los Angeles County; residents in La
Crescenta take pride in their Blue-Ribbon school district and small-town feel.
This office building contains a total of 14-units which are currently all occupied by a total of 7 tenants, most of which are on Month-to-Month leases. There are 2 floors with stair access to the 2nd floor. Parking is plentiful at 34 spaces, a near 3 to 1 parking ratio. There are residential
streets adjacent to the property which provide further parking conveniences.
Currently the asset is 100% occupied with a group of seasoned and diverse tenants specializing in healthcare administration to various logistics companies. The occupancy ranges in size from 842 square feet to 4,648 square feet units, with the largest unit being occupied by the administration office of a regional healthcare provider. There are plenty of owner-user opportunities as most of the tenants are currently on a month-to-month lease.
The building is, in general, well maintained and in good operating condition. The lobby area and hallways have modern upgrades and high-end finishes. The parking lot and most major operational functions of the asset are well maintained appear well attended to. La Crescenta, is a high barrier of entry market and the commercial real estate is limited and unique. The Buyer of this asset will be sure to enjoy a timeless office building, in one of LA’s best neighborhoods with extreme convenience of freeway accessibility.
Property Details
- Lot DescriptionCornerLot
- Stories2
Measurements
- Acres0.4768
Construction Details
- Property TypePurchase
Condition
- Year Built1983
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$4,750,000
Other
- MLS #GD24142038
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Krikor Garabedian (#GD85090)
Listing Office: Keller Williams R. E. Services (#G7207)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
