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930 Colorado Blvd - Building 1 [SUITE 1]

4,790 SF Office Condo Unit Offered at $2,250,000 in Los Angeles, CA 90041

Investment Highlights

  • Prime Eagle Rock Location
  • Proximity to Old Town Pasadena
  • Minutes from Major Freeways - 2, 210, 134 and 110
  • Tranquil Surroundings
  • Executive Offices, Reception, Kitchenette & More.
  • Gated Condo Complex, 24/7 Access

Executive Summary

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. Tailored to meet the needs of both investors and owner-user professionals, especially those in fields like architecture, engineering, accounting, law, family therapy, and related businesses, this property offers secure ownership with significant income potential. Occupy the entire second floor for your business. Benefit from 24/7 access in a gated space and enjoy the prime location with ample street parking available on Colorado Boulevard, all while being just minutes away from major freeways 134, 210, and 2. For an exclusive drive-by viewing, please contact the listing broker to schedule a personalized property tour. Experience the epitome of convenience, versatility, and profitability in one exceptional offering. *** Exclusive drive-by viewings. Please contact the listing broker to arrange a property tour. *** The office condominium is also available for lease. For more information, please contact the broker.

Property Facts

Price $2,250,000
Unit Size 4,790 SF
No. Units 1
Total Building Size 4,790 SF
Property Type
Office (Condo)
  • OfficeLoft Creative Space
Sale Type Owner User
Building Class C
Floors 2
Typical Floor Size 2,395 SF
Year Built 1981
Lot Size 0.65 AC
Parking Ratio 2.3/1,000 SF
Sale Conditions 1031 Exchange

1 Unit Available

Unit 1

Unit Size 4,790 SF
Price $2,250,000
Price Per SF $469.73
Condo Use Office
Sale Type Owner User
No. Parking Spaces 11
Sale Conditions 1031 Exchange
APN/Parcel ID 5709-005-039
Description

The specified property is an integral part of a condominium complex, a harmonious office commercial community characterized by a shared ownership structure. This complex typically encompasses multiple units, each individually owned, while the common areas and amenities are collectively managed and maintained.

Sale Notes

Identified as Office Condo Suite 1 within the vicinity of adjacent commercial properties, this office condominium offers a serene and inviting workspace enveloped by lush trees and hillside residences. The collaborative office environment presents the benefits of an executive office suite at a cost-effective rate, granting occupants access to amenities such as a conference room, storage area, kitchenette, and supplementary services. Positioned just a brief drive from Old Town Pasadena, the property also enjoys close proximity to diverse retail outlets and dining establishments, including Stoney Point, Colombo’s Restaurant, Vons, CVS, and various other options.

“Perfect for Owner-Occupiers, Future Investment, or Both"
"Price Reduced with Seller Financing for Qualified Buyers"

Major Tenant Information

TENANT SF OCCUPIED LEASE END DATE
Community Infrastructure - September 2024
My Termite Company - February 2028
Well & Via Vista - September 2024
DBA Architects - February 2027

Amenities

  • Courtyard
  • High Ceilings
  • Air Conditioning

zoning

Zoning Code [Q]C4 -1XL (Check with LADBS regarding zoning, use, # of parking, related requirements and city ordinances)
[Q]C4 -1XL (Check with LADBS regarding zoning, use, # of parking, related requirements and city ordinances)
  • Listing ID: 29813831

  • Date on Market: 10/17/2023

  • Last Updated:

  • Address: 930 Colorado Blvd, Los Angeles, CA 90041

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