2493 E Colorado Blvd, Pasadena, CA 91107

Property Description

Back on Market. This is a 14 Units Commercial / Residential Mix Use Property, Located in Downtown Pasadena, on the Major Street Colorado Blvd . Tow Buildings, At the Corner of Colorado and Altadena, Near Major Shopping District. close to the Metro Gold Link, School, and Park. The Subject Property Includes two(2) buildings, 7 Commercial Units and 7 Units Residential Apartment on the Second Floor of Colorado Building. The Site Address Includes 3 Commercial units at Colorado, Street Address is #2493, #2495, #2499, and 4 Commercial Units at 19,21, 25,27 North Altadena. Currently with 90% Occupancy. Tenants Including 2 Units Furniture Store, 2 Antique Stores, Also 2 Units occupant by Art Studio. Current Rent is Below The Market Rate and Have Potential to Get Higher Income. Seller spent About $50000 to Completed the Retrofit Standard and Re-stucco the Building. According to the appraisal report, The Subject property Site is Zone PSC, Which Commercial Zoning Allowing Residential Use. Great Opportunity for Owner Occupant or Redevelopment. Only One Space is Vacant, See ML#WS17021811 for lease Details. Please Do Not Disturb Tenant. Drive By, Make Offer Subject to Interior Inspection.