3853 E Colorado Blvd - Commercial LAND FOR SALE


Pasadena, CA 91107- East Pasadena22,817 SF
$4,500,000 USD
310-651-1800
3853 E Colorado Blvd, Pasadena, CA for Sale
$4,500,000 USD
Commercial LAND - FOR SALE
1/25
22,817 SF

3853 E Colorado Blvd
Pasadena, CA 91107
East Pasadena


OVERVIEW

DS Real Estate is pleased to present for sale a double lot investment opportunity located in East Pasadena (unincorporated LA County). 3853 E Colorado consists of a 17 unit motel + manager's apartment and 3842 E Walnut consists of a triplex that is currently being used as an office for the motel. 3853 E Colorado is situated on a 10,492 sqft lot and is zoned MXD, or Mixed Use Development Zone which allows for a mixture of residential, commercial, and limited light industrial uses and buildings in close proximity to bus and rail transit stations. 3842 E Walnut is situated on a 12,323 sqft lot zoned C-2, or Neighborhood Commercial. Plenty of flexibility for a savvy investor: continue running as a motel or convert both parcels to your personal needs. Potential to add additional motel units to both parcels to increase monthly cash flow!! Both parcels to be sold together. Buyer to verify all zoning and uses with LA County Department of Regional Planning. Contact listing agent for more details!

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/ACRE

$8,591,716/AC

PRICE/SF

$197 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hold for Investment

LAND ACRES

0.52 AC

LAND SF

22,815 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LCC2

APN/PARCEL ID

5755-033-010,5755-033-031

ASK ABOUT THIS PROPERTY

Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

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Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.