Listed by 818-298-8810 - Krikor Garabedian - DRE #01216376 - Keller Williams R. E. Services 818-432-3200 Listing Courtesy of: DRE #00976678
$4,750,000 affordable loan icon Calculate Payment

4250 Pennsylvania Avenue La Crescenta, CA 91214

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Office Residence
Beds
Baths
13,106 Sq. Ft.
0.48 Acre Lot

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Last updated on 12/24/2024 8:58 PM
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 Cres...centa 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. Continue reading
MLS#
GD24142038
Property Type
Office
Status
Year Built
1983
Square Feet
13,106 sq. ft
Lot Size
0.48

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Listed by 818-298-8810 - Krikor Garabedian - DRE #01216376 - Keller Williams R. E. Services 818-432-3200 Listing Courtesy of: DRE #00976678
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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