Eagle Rock CA  home offered at $2,850,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

850 Colorado Boulevard
Eagle Rock, California CA 90041-1738
Sold For: $2,720,000
Listing ID: WS23008353
Price/SqFt: $321.55
Status: Closed
Sold Date: 7/26/2023
SqFt: 8,459 Sq Ft
Year Built: 1961

We are pleased to present the Colorado Business Center located at 850 Colorado Boulevard in beautiful Eagle Rock. Built in 1961, this two-story building consists of 10 office suites averaging 845 square feet each. Each unit is individually metered for electric and master-metered for water and gas. There are 14 parking spaces on the property with additional ample street parking. This well-maintained property is centrally located on Colorado Boulevard and benefits from easy access to freeways, bus rapid transit service, shopping, and dining options.

Primary Features

County: Los Angeles
Price/SqFt: 321.55
Property Sub Type: Office
Property Type: Commercial Sale
Year Built: 1961

Interior

Building Area Units: Square Feet
Condo Area Units: Square Feet
Laundry Features: None
Stories Total: 2

External

Lot Size Source: Public Records
Minimum Total Area Units: Square Feet
Number Of Buildings: 1
Parking Total: 14
Uncovered Spaces: 14
Water Source: Public

Location

Country: US
MLS Area Major: 618 - Eagle Rock

Additional

Additional Parcels: no
Building Status: Existing
Co List Agent State License: 00925595
Co List Office State License: 01444805
Days On Market: 146
List Agent State License: 01237798
List Office State License: 01444805
Max Total Area Units: Square Feet
Number Of Units Leased: 10
Number Of Units Total: 10
Parcel Number: 5709003041
Year Built Source: Public Records

Financial

Accounting Type: Actual
Cap Rate: 5.07
Effective Gross: 215578
Electric Expense: 5333
Expense Year: 2022
Gross Scheduled Income: 222245
Insurance Expense: 4154
Maintenance Expense: 10574
Net Operating Income: 144504
Operating Expense: 71074
Other Expense: 4720
Real Estate Tax Expense: 35625
Special Listing Conditions: Standard
Tax Annual Amount: 35625
Tax Rate: 1.25
Total Expenses: 71074
Trash Expense: 5335
Vacancy Allowance: 6667
Vacancy Allowance Rate: 3
Water Sewer Expense: 5333

Zoning Info


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Listed by: KEVIN HURLEY, DRE #01237798 from Keller Williams Realty/Pasadena 626-204-3300

Contact - Listing ID WS23008353

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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