Log In/Sign Up
Your email has been sent.
2500 E Colorado Blvd
Pasadena, CA 91107
Bank of the West · Office Property For Sale
Investment Highlights
- Acquire and own/operate the office building at “value” pricing and far below replacement cost.
- Will be delivered entirely vacant on an 'As-Is, Where-Is' bases at the close of escrow.
- Acquire and create a multi-family development project with favorable LPSP zoning; Lamanda Park Specific Plan.
Executive Summary
2500 E. Colorado Blvd (“Project”) is offered for sale on an ALL CASH BASIS to both office building investors (renovate current structure) and multi-family developers (re-develop the site based on favorable zoning entitlements). The listing price for the sale of the land and building is $7,995,000 ($228/RSF of gross building and $136/SF of gross land).
The property will be delivered entirely vacant and on an “As-Is, Where-Is” basis at the close of escrow.
The property will be delivered entirely vacant and on an “As-Is, Where-Is” basis at the close of escrow.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
39,271 SF
Building Class
B
Year Built
1972
Price
$11,109,213 CAD
Price Per SF
$282.89 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,697 SF
Building FAR
0.67
Lot Size
1.35 AC
Zoning
LPSP-MV-N
Parking
88 Spaces (2.24 Spaces per 1,000 SF Leased)
Amenities
- Banking
Property Taxes
| Parcel Number | 5748-011-038 | Improvements Assessment | $8,673,850 CAD |
| Land Assessment | $2,853,236 CAD | Total Assessment | $11,527,086 CAD |
Property Taxes
Parcel Number
5748-011-038
Land Assessment
$2,853,236 CAD
Improvements Assessment
$8,673,850 CAD
Total Assessment
$11,527,086 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
