1818 E Colorado Blvd, Pasadena, CA 91107
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1818 E Colorado Blvd Pasadena, CA 91107

$2,000,000
  • -- Beds
  • -- Baths
  • 4,465 Sq.Ft.
For Sale
$2,000,000 Get Pre-Qualified

Map preview of 1818 E Colorado Blvd, Pasadena, CA 91107

Property Overview: 1818 E Colorado Blvd Pasadena, CA has -- bedrooms, -- bathrooms, 4,465 living square feet and 11,247 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Back on the market subject to cancellation of the current offer. 1810-1818 E. Colorado Blvd. is a very well maintained and professionally managed four unit retail center. Great corner location at the S E signalized corner of E. Colorado Blvd. and Allen Ave. All lessees on long term leases. Ample on-site parking at rear. Copies of all Leases available with acceptable offer.

Listed by Timothy Johnson | BRE #00445715 | Coldwell Banker Realty
Last checked: 6 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
11,247
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Retail
Status
Active
MLS#
AR24112468
City
Pasadena
County
Los Angeles
Time on Site
106 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $3,012
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,102
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $4,254
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,404
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $117,284
  • Net Operating Income: $117,284
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1818 E Colorado Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Flat
  • No Fence
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 5747018029
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: S E corner of E. Colorado and Allen
View more facts & features

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Sale History for 1818 E Colorado Blvd

View property's historical transactions
  • June, 2024

  • Jun 3, 2024

    Date

    Active

    CRMLS: AR24112468

    $1,950,000

    Price

Tax History for 1818 E Colorado Blvd

Assessed Value (2020): $253,771
Year Land Value Improved Value Assessed Value
2020 $152,266 $101,505 $253,771

Home Value Compared to the Market

This property vs the competition

1818 E Colorado Blvd is listed 60% higher than the median list price for the city of Pasadena which has a median list price of $1,250,000. The median price per/sqft for Pasadena is $767 and this home is listed at $447.93 per/sqft which puts the price per square foot 41.6% lower than the median price per square foot for the city of Pasadena.

About 1818 E Colorado Blvd

Detailed summary of property

1818 E Colorado Blvd is a retail located in Pasadena, CA 91107 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 4,465 living square feet, and sits on an approximately 11,247 square foot lot. 1818 E Colorado Blvd was first listed on ArdentRealEstateGroup.com on June 4, 2024. The homeowner is currently asking $2,000,000 and was originally asking $1,950,000. The median priced home in Pasadena is $1,250,000 with a median price per square foot of $767. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 60% higher than the median priced home. Local competing homes currently for sale include 6025 Beach Blvd, 1470 W Holt Ave and 425 E 4th St #A. While the average home in Pasadena, CA is selling in 56 days, 1818 E Colorado Blvd has a days on market of 20 days. There are currently 335 homes for sale in the Pasadena real estate market and 179 of them are single family homes while 119 of them are condos and 37 are townhomes. For more information on this home for sale at 1818 E Colorado Blvd Pasadena, CA 91107 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1818 E Colorado Blvd

Public county record property details
Beds
--
Baths
--
Year built
1929
Sq. Ft.
4,465
Lot Size
11,241
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
5747-018-029

The source for these homes facts are from public records.

91107 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$741
Median Sold Price
$1,320,000
Median Sold Price/Sq.Ft.
$707
Total Inventory
72
Median Sale to List Price %
105.6%
Avg Days on Market
34
Loan Type
Conventional (48.15%), FHA (0%), VA (3.7%), Cash (25.93%), Other (14.81%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.