Active
4250 Pennsylvania Avenue
La Crescenta CA, 91214
$4,750,000
$362.43 per sqft
Active
13,106 sqft
Commercial
Built in 1983
Listed by Krikor Garabedian with Keller Williams R. E. Services 818-298-8810
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.
GD24142038
MLSⓇ ID
July 11, 2024
Listed
August 30, 2024
Updated
Map
4250 Pennsylvania Avenue
La Crescenta CA, 91214
Interior Features
Total Stories
2
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.48 Acres
Lot Features
Corner Lot
Other Property Details
Area Name
635 - La Crescenta/Glendale Montrose & Annex
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
CPD
Listing Contact: 818-432-3200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 7:27 PM UTC