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13308236
13308235

930 Colorado Blvd, Los Angeles, CA 90041 For Sale

MT
CA CA 01373646
TOLJ Commercial Real Estate
Listed by TOLJ Commercial Real Estate
$2,150,000
1011 days on market
Updated 0 days ago

Office Condo for Sale | 930 Colorado Blvd [SUITE 1]

Details
APN 5709-005-039
Property Type Office
Sub Type Traditional Office, Office Condo
Square Footage 4,790
NOI $59,298
Occupancy 78%
Tenancy Multi
Lease Type Gross
Price per SqFt $449
Broker Co-Op Yes
Class C
Year Built 1981
Buildings 1
Stories 2
Lot Size (SqFt) 28,268
Zoning [Q]C4-1XL
Parking Spaces 11 spaces
Parking per 1,000 SqFt 2.30
Investment Type Owner/User
Tenant Credit No Credit Rating
Ownership Arch Pasadena, LLC

Office Condo for Sale with Seller Financing and Income Potential

Marketing description

Tolj Commercial Real Estate is thrilled to offer an outstanding opportunity to purchase or lease an office condominium in the dynamic Eagle Rock area of Los Angeles, conveniently located on the border of Pasadena and Highland Park. This meticulously designed two-story office building boasts approximately 4,790 square feet of space within an expansive 28,268 square foot lot (as per assessor’s measurements). Boasting executive offices, a welcoming reception/waiting area, a convenient kitchenette, ample storage, and more, this property is crafted to cater to diverse business needs.

Featuring approximately 11 reserved parking stalls within the parking lot, Office Condo Suite 1 is nestled within a harmonious condominium complex—a prestigious office commercial community characterized by a shared ownership structure. Each unit is individually owned, while common areas and amenities are collectively managed and maintained, ensuring a cohesive and professional environment for all occupants.

Surrounded by neighboring commercial properties, Office Condo Suite 1 provides a tranquil and inviting workspace enveloped by lush trees and hillside residences. The collaborative office environment not only enhances productivity but also offers access to amenities including a conference room, storage area, kitchenette, and additional services. Its proximity to Old Town Pasadena, just a short drive away, provides convenient access to an array of retail outlets and dining establishments such as Stoney Point, Colombo’s Restaurant, Vons, CVS, and more.

Ideal for investors seeking stable income and long-term appreciation, the property also offers owner-user potential with approximately 1,030 square feet currently available for occupancy. Professional tenants occupy portions of the building, creating an attractive blend of existing income and future flexibility. The property is well suited for architecture, engineering, accounting, legal, counseling, therapy, medical, and other professional office uses.

Enjoy 24/7 access within a gated complex and a prime location with abundant street parking along Colorado Boulevard. The property is conveniently located near the 134, 210, and 2 freeways, providing excellent regional accessibility.

For an exclusive drive-by viewing, please contact the listing broker to arrange a private property tour and learn more about this unique investment and owner-user opportunity.

*** Exclusive drive-by viewings only. Please contact the listing broker to schedule a property tour. ***

*** The office condominium is also available for lease. Please contact the listing broker for leasing information and current availability. ***

Additional Incentives:

  • Seller Financing Available for Qualified Buyers
  • Lease-to-Own Option Offered

Investment highlights

  • Tranquil Surroundings
  • Proximity to Old Town Pasadena
  • Executive Offices, Reception, Kitchenette & More
  • 11 Assigned Parking Stalls
  • Gated, 24/7 Access
  • Just minutes away from the 2, 210, 134, and 110 Freeways.
  • Owner-User Potential, Investment Opportunity, or Both

Listing Contacts

MT
CA CA 01373646
TOLJ Commercial Real Estate
Listed by TOLJ Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,298.00
$4,941.50/mo

Valuation Metrics

0
DSCR
2.76%
Cap Rate
2.76%
ROI

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Additional Information

Name
Mike Tolj
License
CA 01373646
Brokerage
Tolj Commercial Real Estate
Brokerage Phone
323-258-4946
Title
Real Estate Broker
Brokerage Address
930 Colorado Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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