4250 Pennsylvania Avenue , La Crescenta, CA 91214
La Crescenta, CA 91214
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.
Details
| Mls | GD24142038 |
|---|---|
| Listing Type | For Sale |
| Style | Office Bldg |
| Subtype | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 152 |
| Listing Provided By | Keller Williams R. E. Services 818-432-3200 | Krikor Garabedian |
Features
| Sq Feet | 13,106 |
|---|---|
| Storys | 2 |
| Units | 14 |
| Buildings | 1 |
| Zoning | CPD |
| Acreage | 0.48 |
Market Activity 91214
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | La Crescenta |
| Zip Code | 91214 |
| Area | 635 La Crescenta | Glendale Montrose & Annex |
| Listing VS Median (in 91214) | |
Price: $4,750,000 low | high Med: $1,050,000 SqFt: 13,106 low | high Med: 1,546 $ / SqFt: $362 low | high Med: $679 On Site: 152 low | high Med: 19.000000 | |