844 Colorado BlvdLos Angeles, CA 90041

Property Details for 844 Colorado Blvd

Year built

1954

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

4,560 SF

Zone code

LACR

Property type

Office properties

Property subtype

Office buildings

APN

5709-003-006

APU

5709003006

Description

This exceptional commercial property, located at 844 Colorado Boulevard in the vibrant Eagle Rock neighborhood of Los Angeles, CA 90041, presents a unique opportunity. The property is classified as industrial and offers a versatile 700 square foot warehouse space, perfect for a variety of businesses. The building sits on a 0.15-acre lot and features one suite within the building. The property is conveniently situated on Colorado Boulevard, between Pasadena and Eagle Rock, offering excellent visibility and accessibility. One reserved parking space is included, with ample street parking also available. The property is currently configured as office space, but its industrial zoning allows for flexible use. Utilities are handled with a combination of landlord and tenant responsibility. The landlord covers water, trash, electricity, and gas. While the listed space is 700 square feet, a total of approximately 1400 square feet of office space is available, potentially divisible into two 700 square foot units. This presents an excellent opportunity for a single tenant or two smaller businesses seeking a collaborative space. This prime Los Angeles location, combined with the flexible space and attractive utility arrangement, makes this property an ideal investment. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,486,246

  6.5%

  $1,371,919

  7%

  $1,273,925

• Comparable approach

  Method

  Valuation

  Relative Method

  $867,130

  Geo Method

  $867,130

• Alternative Use

  Use

  Valuation

  Residential

  $1,701,180

  Hospitality

  $1,558,272

  Educational

  $1,296,464

  Medical

  $1,341,051

  Retail

  $2,016,721

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.1398

Longitude

-118.184

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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