14 Unit Commercial/Residential mixed-use property with upside potential located at the Northwest corner of Colorado & Altadena in Pasadena. The offering consists of two buildings. One is a two story building that faces Colorado Blvd. with about 60 ft of frontage and it has 3 commercial spaces on the first floor and 7 residential units on the second floor. The second building is located along Altadena Dr. and has 4 commercial units all of them are currently leased. The property is located in the Lamanda Park Sub Area East Colorado Specific Plan, where wide variety of commercial as well as mixed use residential development is encouraged. All the rents are currently below market and there is great upside potential. Also, 3 commercial units along the Colorado Blvd. are currently vacant and perfect for owner use or new tenants.
Off market
$3,124,349
2493 E Colorado Blvd, Pasadena, CA 91107
1beds
7baths
11,549sqft
Commercial/Residential
Built in 1928
-- sqft lot
$-- Zestimate®
$271/sqft
$2,886 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 7
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 11,549 sqft
Property
Parking
- Total spaces: 3
Features
- Levels: Two
Lot
- Size: 10,733 sqft
- Features: Corner Lot, Rectangular Lot
Details
- Parcel number: 5746001030
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Commercial/Residential
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Pasadena
Other
Other facts
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- Levels: Two
- CommonWalls: No Common Walls
- CommunityFeatures: Urban
- LotFeatures: Corner Lot, Rectangular Lot
- MLSAreaMajor: 646 - Pasadena (NE)
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- PropertySubType: Commercial/Residential
- LotSizeSource: Assessor
- WaterSource: Public
- Sewer: Public Sewer
- StandardStatus: Active
- SeniorCommunityYN: 0
- ParcelNumber: 5746001030
- TaxTractNumber: 4628.0