2 Commercial Office Buildings in Los Angeles with a total size of 10,378 SF

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Overview

Overview

  • SALE PRICE: $2,995,000
  • SALE DATE: 4/1/2008
  • BUILDING SIZE: 10,378 sf in 2 buildings
  • PROPERTY TYPE: Office
  • LOT SIZE: 1.59 Acres

Highlights

  • 1031 Exchange
  • Redevelopment Project
  • Portfolio of 2 office buildings
Description

Description

963 & 969 Colorado Boulevard is a two story commercial office building on a very large lot. The subject site is under the zoning jurisdiction of the City of Los Angeles and is zoned QC4-1XL; a designation that allows most commercial uses as well as multi-family residential uses. The Q is a development restriction which prohibits 100% residential use. The lot size is 36,208 square feet and the property is located on the very busy corner of Figueroa and Colorado in the city of Eagle Rock. This property is located off the 134 freeway with direct access East and Westbound.
The subject property is located in the Eagle Rock area of the City and County of Los Angeles which is just a few minutes from the heart of downtown Los Angeles’ financial and cultural districts. The subject property is close to Old Town Pasadena, Dodger Stadium, the Staples Center and the Rose Bowl.

Location

Location

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