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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 pleased to present an exceptional opportunity to purchase or lease an office condominium in the highly desirable Eagle Rock area of Los Angeles, conveniently located near Pasadena and Highland Park. This well-maintained two-story office building contains approximately 4,790 square feet situated on an expansive 28,268-square-foot lot (per assessor). The property features executive offices, a welcoming reception/waiting area, kitchenette, conference room, storage areas, and other amenities designed to accommodate a variety of professional office users. The property includes approximately 11 reserved parking spaces and is located within a professionally managed office condominium complex. Each unit is individually owned, while common areas and shared amenities are collectively maintained, providing a cohesive and professional business environment. Ideal for investors seeking stable income and long-term appreciation, the property also offers owner-user potential with approximately 1,030 square feet currently available for occupancy. Professional tenants occupy portions of the building, creating an attractive blend of existing income and future flexibility. The property is well suited for architecture, engineering, accounting, legal, counseling, therapy, medical, and other professional office uses. Enjoy 24/7 access within a gated complex and a prime location with abundant street parking along Colorado Boulevard. The property is conveniently located near the 134, 210, and 2 freeways, providing excellent regional accessibility. For an exclusive drive-by viewing, please contact the listing broker to arrange a private property tour and learn more about this unique investment and owner-user opportunity. *** Exclusive drive-by viewings only. Please contact the listing broker to schedule a property tour. *** *** The office condominium is also available for lease. Please contact the listing broker for leasing information and current availability. ***

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 4,790 SF
  • Office
  • $2,150,000 ($448.85/SF)
  • -
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.

"Investment Opportunity with Owner-User potential"
"Price Reduced with Seller Financing for Qualified Buyers"
Unit Unit Size Condo Use Price NOI
Unit 1 4,790 SF Office $2,150,000 ($448.85/SF) -

Unit 1

Unit Size
4,790 SF
Condo Use
Office
Price
$2,150,000 ($448.85/SF)
NOI
-

Unit 1

Unit Size 4,790 SF
Condo Use Office
Price $2,150,000 ($448.85/SF)
NOI -
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.</li></ul>
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.<br> <br> &quot;Investment Opportunity with Owner-User potential&quot;<br> &quot;Price Reduced with Seller Financing for Qualified Buyers&quot;</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 4,790 SF
Property Type
Office (Condo)
  • OfficeLoft Creative Space
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
Zoning [Q]C4 -1XL - Check with LADBS regarding zoning, use, # of parking, related requirements and city ordinances

Amenities

  • Courtyard
  • High Ceilings
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

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
  • Listing ID: 29813831

  • Date on Market: 10/17/2023

  • Last Updated:

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

Contact the Sale Advisor

930 Colorado Blvd - Building 1 [SUITE 1]

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