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1485 Lincoln Ave 3,480 sq ft Light Industrial Property Pasadena, CA 91103 £1,338,311 (£384.57/sq ft) 4.80% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Prime location!

EXECUTIVE SUMMARY

Commercial Building for sale! Tenant occupied. buyers to conduct due diligence with associating with the building and planning department in Pasadena,call agent for more information or to make offer. Tenant signed 3 year lease starting December, $7500 per month with 5% annual rent increase NNN.

PROPERTY FACTS

Price £1,338,311
Price per sq ft £384.57
Sale Type Investment NNN
Yield 4.80%
Property Type Light Industrial
Property Subtype Light Manufacturing
Costar Property Class C
Total Plot Size 0.15 ac
Net Internal Area (NIA) 3,480 sq ft
No. Floors 1
Year Built/Renovated 1927/1950
Tenancy Single
Parking Allocation 3.4/1,000 sq ft
Eaves Height 12 ft
No. Drive In / Grade-Level Doors 1
Use Class C - Commercial/Multi unit

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Storage Space

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
Bike Score®
Good for cycling (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5727-011-004
Land Assessment
£466,719
Improvements Assessment
£466,719
Total Assessment
£933,439
  • Listing ID: 31576621

  • Date on Market: 22/04/2024

  • Last Updated:

  • Address: 1485 Lincoln Ave, Pasadena, CA 91103

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