2129-2133 Colorado Blvd - Storefront FOR SALE


Eagle Rock, CA 90041
$4,950,000 USD
818-631-2442
2129-2133 Colorado Blvd, Eagle Rock, CA for Sale
$4,950,000 USD
Storefront - FOR SALE
1/12
null | 5.69% Cap Rate

2129-2133 Colorado Blvd
Eagle Rock, CA 90041


HIGHLIGHTS

  • Corner building enjoys beautiful bow-truss ceilings
  • Close proximity to Glendale, Highland Park, and Pasadena
  • Prime investment opportunity with stabilized cash flows from a mix of established local tenants
  • Renovated in 2016

OVERVIEW

This highly visible corner asset, renovated in 2016, presents a prime investment opportunity with stabilized cash flows from a strong mix of established local tenants. The property features substantial frontage along Colorado Boulevard and is well-maintained, reflecting clear pride of ownership. Unit 2133 benefits from two liquor licenses (Types 6 and 74), while Unit 2131 holds a Type 41 CUB license. With a solid tenancy track record of 5–10 years of performance and operations in the building, investors can expect reliable income. The building boasts beautiful bow-truss ceilings and sits in a vibrant location near Glendale, Highland Park, and Pasadena. It enjoys excellent walkability with a 91/100 Walk Score, high visibility with an average daily traffic count of 34,000 on Colorado Boulevard, and is surrounded by a strong demographic base, with an average household income of $124,341 within a one-mile radius.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$780 USD /SF

CAP RATE

5.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,651 SF

ZONING

[Q]C4-1XL

APN/PARCEL ID

5671-010-003

ASK ABOUT THIS PROPERTY

Aram PogosianIndustry PartnersMore Info
818-631-2442

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Aram PogosianIndustry PartnersMore Info
818-631-2442

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