4250 Pennsylvania Avenue, La Crescenta, CA 91214

  • $4,750,000
  • $362
4250 Pennsylvania Avenue, La Crescenta, CA 91214
  • Commercial Sale
  • Property Type
  • 1983
  • Year Built
For Sale
4250 Pennsylvania Avenue, La Crescenta, CA 91214
  • $4,750,000
  • $362

Overview

Property ID: SGR-34079211
  • Commercial Sale
  • Property Type
  • 1983
  • Year Built

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.

  • Address 4250 Pennsylvania Avenue
  • City La Crescenta
  • State/county CA
  • Zip/Postal Code 91214
  • Area 635 - La Crescenta/Glendale Montrose & Annex
  • Country United States

Details

Updated on September 30, 2024 at 8:27 am
  • Property ID: SGR-34079211
  • Price: $4,750,000
  • Land Area: 20768.00 m²
  • Year Built: 1983
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 13106.00
  • MLS#: GD24142038
  • Office Name: KELLER WILLIAMS R. E. SERVICES
  • Agent Name: Krikor Garabedian
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Keller Williams R. E. Services
  • Co-Agent Name: Nick Avedissian
  • Agent State License: 01216376
  • Co-Agent State License: 00976678
  • IDX Contact Info: 818-298-8810

Additional details

  • Cooling: Central Air
  • County: Los Angeles
  • Property SubType: Office
  • Water Source: Public

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