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
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: KEVIN HURLEY, DRE #01237798 from Keller Williams Realty/Pasadena 626-204-3300
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