Normal Properties/Los Angeles/Colorado Corner

Sale · Mixed-Use · Los Angeles

Colorado Corner

2129-2133 Colorado Boulevard

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Sale Price

$4,950,000 (±$780/SF)

±6,349

Total SF

8 Spaces

Parking

Mixed-Use

Type

Property Overview

Fully leased Eagle Rock restaurant/retail and creative-office investment: 6,349 SF on 7,482 SF, $4,950,000, advertised 5.70% cap. Eight parking stalls; no vacant suites offered. Source financials conflict: summary monthly rent $22,989 versus rent-roll total $23,295 and annual rent $279,702. Confirm income before underwriting. Financial zoning is [Q]C4-1XL; main details abbreviate C4.

Highly Visible CornerColorado Boulevard FrontageStabilized TenancyBow-Truss ArchitectureMultiple Liquor LicensesCreative Office Uses

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Maguire Parsons

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All information furnished regarding this property is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof, and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.