CA > La Crescenta
La Crescenta, CA 91214,4250 Pennsylvania AVE
La Crescenta, CA 91214,4250 Pennsylvania AVE
La Crescenta, CA 91214,4250 Pennsylvania AVE
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$4,750,000
Est. payment /mo
0.48 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24142038

HOA Y/N No

Year Built 1983

Lot Size 0.477 Acres

Property Sub-Type Office

Property 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.

Location

State CA

County Los Angeles

Area 635 - La Crescenta/Glendale Montrose & Annex

Zoning CPD

Interior

Cooling Central Air

Fireplace No

Laundry None

Building

Lot Description Corner Lot

Story 2

Water Public

Others

Tax ID 5801005064

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Krikor Garabedian • Keller Williams R. E. Services • 818-298-8810

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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