2529 Foothill BlvdLa Crescenta-Montrose, CA 91214

Property Details for 2529 Foothill Blvd

Year built

1989

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

12,523 SF

Zone code

LCC2YY

Property type

Office properties

Property subtype

Office buildings

APN

5804-001-024

APU

5804001024

Description

This exceptional executive office suite opportunity is located at 2529 Foothill Boulevard in La Crescenta-Montrose, California, 91214. The property, situated on a substantial 24,567 square foot lot, offers a total of 12,523 square feet of office space within a multi-tenant building. Currently, 1,200 square feet of contiguous space is immediately available, with a minimum divisible space of 600 square feet. Three individual suites are available for lease, offering flexibility for businesses of varying sizes. The building boasts ample parking, with a total of 30 spaces – 24 surface and 6 covered – ensuring convenient parking for tenants and their clients. This prime location on Foothill Boulevard provides excellent visibility and accessibility, placing your business in close proximity to a wealth of amenities, including numerous retail stores, restaurants, and banking institutions. The property's strategic location also offers easy access to the 210 and 2 freeways, facilitating seamless commutes for employees and clients. This is an ideal opportunity for businesses seeking a well-maintained, conveniently located, and highly visible office space in the thriving La Crescenta-Montrose area of Los Angeles County.

• CAP approach

  CAP return

  Valuation

  6%

  $4,081,635

  6.5%

  $3,767,663

  7%

  $3,498,544

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,381,374

  Geo Method

  $2,381,374

• Alternative Use

  Use

  Valuation

  Residential

  $4,671,902

  Hospitality

  $4,279,438

  Educational

  $3,560,442

  Medical

  $3,682,891

  Retail

  $5,538,465

Location Insight

City

La Crescenta

County

Los Angeles

State

California

Latitude

34.2207

Longitude

-118.234

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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