For Sale Property

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Property Details

Space Available (sq. ft.): 2,056

Building Size (sq. ft.): 4,790

Lot Size (sq. ft.): 28,268

Stories: 2

Year Built: 1981

Lease Rate (sq. ft./mo): $3.15 – $3.45

Lease Rate Type: Full Service Gross

Lease Type: Direct

Sale Price: $2,588,000

Property Description:

Tolj Commercial Real Estate is thrilled to present an outstanding opportunity for either purchasing or leasing an office condominium in the Eagle Rock area of Los Angeles, right on the border of Pasadena and Highland Park. This two-story office building provides approximately 4,790 square feet of space on a generous 28,268 square foot lot (as per assessor’s measurements). It includes executive offices, a welcoming reception/waiting area, a kitchenette, storage, and more. There are approximately 11 parking stalls reserved for the condo suite within the parking lot. The condo lot is shared across the entire office condo complex.

This property is a key component of a condominium complex—a harmonious office commercial community characterized by a shared ownership structure. Typically, this complex comprises multiple units, each individually owned, while the common areas and amenities are collectively managed and maintained.

Known as Office Condo Suite 1 in the midst of neighboring commercial properties, this office condominium offers a tranquil and inviting workspace surrounded by lush trees and hillside residences. The collaborative office environment provides the advantages of an executive office suite at a cost-effective rate, offering occupants access to amenities such as a conference room, storage area, kitchenette, and additional services. Located just a short drive from Old Town Pasadena, the property is also conveniently close to diverse retail outlets and dining establishments, including Stoney Point, Colombo’s Restaurant, Little Flower, and various other options.

Perfect for professionals like architects, engineers, accountants, attorneys, family therapists, and related businesses looking to own while generating income, this accessible and gated building ensures 24/7 availability. Ample street parking on Colorado Boulevard adds to the convenience of the location. The property is just minutes away from major freeways, including 134, 210, 2, and 110.

** Explore Seller Financing for Eligible Buyers **

Property Highlight:

Site Details

Discover a welcoming haven in Eagle Rock, nestled in the northeastern heart of Los Angeles. Embraced by the City of Glendale to the north and west, Highland Park to the southeast, and the charming cities of Pasadena and South Pasadena to the east, this vibrant neighborhood invites you to experience its rich cultural tapestry.

Eagle Rock boasts a lively community, adorned with trendy local businesses, celebrated artists, musicians, and distinguished individuals. As you explore the streets, you’ll find yourself immersed in a melting pot of diversity and creativity. Just east of Eagle Rock, the enchanting charm of Pasadena calls out. Renowned for its annual Rose Parade, Rose Bowl sporting events, and surrounded by scenic landscapes, Pasadena adds an irresistible allure to the region. The immediate vicinity to both Eagle Rock and Pasadena invites residents into a realm of cultural events, diverse dining experiences, and recreational pleasures, crafting an inviting and enriching lifestyle.

Features

• Prime office space for sale/lease
• Tranquil workspace in Suite 1 amid trees and hillside homes
• Shared office space with executive suite advantages
• Conveniently located near Old Town Pasadena, retailers, and restaurants
• Accessible and gated building with 24/7 availability
• Ample street parking on Colorado Boulevard
• Proximity to major freeways: 134, 210, 2, and 110

Lease Insights

Embark on a tour through 2,056 sq. ft. of elevated possibilities. Within, encounter three meticulously designed executive offices and an expansive area of open workstations. Ascend beyond the standard with ceilings soaring over 10 ft., creating an atmosphere of grandeur. Bask in the glow of abundant natural light, courtesy of an inviting atrium that sets the tone for inspiration.

This shared office haven extends beyond individual workspaces, fostering a sense of community in carefully curated common areas. Your culinary adventures await in the well-equipped kitchenette, while moments of reprieve unfold in the modern bathroom facilities.

Secluded among the trees, this tranquil workspace doesn’t just offer affordability—it invites you to step into a dynamic realm where productivity meets serenity.

Lease rates range from $3.15 to $3.25 per rentable square foot for larger spaces, and for smaller office spaces, the range is $3.30 to $3.45 per rentable square foot, all-inclusive under Full-Service Gross terms.

Property Brochure

Floor Plan

Property Map