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4250 Pennsylvania Avenue

La Crescenta, CA 91214

$4,750,000

Listed Price
N/A

bed Beds

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shower Baths

N/A sqft

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1983

calendar_month Built

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 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.

Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 4250 Pennsylvania Avenue
City La Crescenta
State CA
Zip 91214
County Los Angeles
Listing Agent Krikor Garabedian DRE#01216376
Co-Listing Agent Nick Avedissian DRE#00976678
Courtesy Of Keller Williams R. E. Services
MLS GD24142038
List Price $4,750,000
Status Active
Type Commercial
Subtype Office
Structure Size N/A
Lot Size 20,768
Year Built 1983
DOM 33

Exterior Information

Maps

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Listing information courtesy of: Krikor Garabedian, Nick Avedissian, Keller Williams R. E. Services . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 11th, 2024 at 4:43 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.