EXECUTIVE SUMMARY

Coldwell Banker Commercial Realty is pleased to present this rare signalized corner property located at a major intersection of Colorado Boulevard and Altadena Drive. This property works perfectly for owner-users that want to occupy space immediately that they own while a keen investor can add value by leasing the vacant space. The property contains two buildings consisting of 8,642 SF of ground ?oor retail space. There is also 3,340 SF of apartments for seven (7) total units upstairs. The property is close to plenty of well-known amenities such as In-N-Out Burger, Vons, Starbucks and Target.

PROPERTY FACTS

Sale Type-Investment or Owner User

Property Type-Retail

Property Subtype-Storefront Retail/Residential

Building Size-11,986 SF

Building Class-C

Year Built-1928

Price-$3,699,000

Price Per SF-$334

Percent Leased-73%

Tenancy-Multiple

Building Height-2 Stories

Building FAR-1.12

Land Acres-0.25 AC

Opportunity Zone-No

Zoning-PSC*

Parking-3 Spaces (0.25 Spaces per 1,000 SF Leased)

Frontage-60 FT on Colorado Blvd.

WALK SCORE ®

Very Walkable (89)