4250 Pennsylvania Avenue, La Crescenta, CA 91214 - Berkshire Hathaway HomeServices California Properties

4250 Pennsylvania Avenue, La Crescenta, CA 91214

$4,750,000 Approx. USD 0 beds, 0 baths

Listing Agent


Krikor Garabedian | kirkg@kw.com
Lic#: 01216376
Broker: Courtesy of Keller Williams R. E. Services

Co Listing Agent


Nick Avedissian | nick1@kw.com
Lic#: 00976678
Broker: Courtesy of Keller Williams R. E. Services

Agent Remarks

We are pleased to present a multi-tenant office building located in the beautiful neighborhood of La Crescenta and strategically located in very close proximity to the 210 Freeway. La Crescenta is a quiet and affluent neighborhood nestled in the foothills of Los Angeles County; residents in La Crescenta take pride in their Blue-Ribbon school district and small-town feel. This office building contains a total of 14-units which are currently all occupied by a total of 7 tenants, most of which are on Month-to-Month leases. There are 2 floors with stair access to the 2nd floor. Parking is plentiful at 34 spaces, a near 3 to 1 parking ratio. There are residential streets adjacent to the property which provide further parking conveniences. Currently the asset is 100% occupied with a group of seasoned and diverse tenants specializing in healthcare administration to various logistics companies. The occupancy ranges in size from 842 square feet to 4,648 square feet units, with the largest unit being occupied by the administration office of a regional healthcare provider. There are plenty of owner-user opportunities as most of the tenants are currently on a month-to-month lease. The building is, in general, well maintained and in good operating condition. The lobby area and hallways have modern upgrades and high-end finishes. The parking lot and most major operational functions of the asset are well maintained appear well attended to. La Crescenta, is a high barrier of entry market and the commercial real estate is limited and unique. The Buyer of this asset will be sure to enjoy a timeless office building, in one of LA’s best neighborhoods with extreme convenience of freeway accessibility.

Listing Details

Property type: Office (Commercial)
Status: Active
MLS# GD24142038
Price: $4,750,000
Built in 1983
0.48 acres
Lot size: 0.4768
County: Los Angeles
Zoning: CPD
Lot description: Corner Lot
Heating/cooling: Central Air
MLS area: 635 - La Crescenta/Glendale Montrose & Annex

Last Updated: 3/30/2025

 Days On Market (DOM): 305

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This listing belongs to the 635 - La Crescenta/Glendale Montrose and Annex MLS area

Lat/Long: 34.224213, -118.248321.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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