Eagle Rock, CA 90041,1617 Colorado BLVD
Eagle Rock, CA 90041,1617 Colorado BLVD
Eagle Rock, CA 90041,1617 Colorado BLVD
47
$1,550,000
$1,532,500
1.1%
Est.Price: ?

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6,250 Sqft Lot

1617 Colorado BLVD Eagle Rock, CA 90041

Est. payment /mo
SOLD DATE : 12/15/2021

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Key Details

Sold Price $1,550,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB21079126

Sold Date 12/15/21

HOA Y/N No

Year Built 1961

Annual Tax Amount $1,591

Tax Year 2020

Lot Size 6,250 Sqft

Lot Dimensions Public Records

Property Description

Excellent location on Colorado Boulevard in the heart of popular and trendy Eagle Rock! Building consists of eight (8) basic but well maintained office suites, four (4) of which are occupied by the same tenant, all on short term leases. Ideal for an investor who is looking for in-demand easy to rent small office spaces OR for an owner-user who wishes to occupy all or a portion of the space. Rents are currently under market so there is definitely upside here with an opportunity to increase rents in the near future. Electric is separately metered and trash pick up costs will soon be passed on to tenant. Future development possibilities should also be considered.

Location

State CA

County Los Angeles

Area 618 - Eagle Rock

Zoning LAC4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 6

Building

Lot Description Level, Paved, Rectangular Lot

Story 1

Water Public

Others

Tax ID 5669016013

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Thomas Masterani • Dilbeck Real Estate
Bought with Lorraine Getz • Compass

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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