4250 Pennsylvania Avenue Active

La Crescenta,CA 91214

$ 4750000

- Bed

- Bath

13106 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 13,106 sqft

Price per Sqft $362

MLS Listing ID CRGD24142038

Year Built 1983

Lot Size 0.477 Acres

Property 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 m

Location

State CA

County Los Angeles

Interior

Cooling Central Air

Building

Water Public

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