1-930 Colorado Blvd, Los Angeles, CA 90041
Two-story office suite with executive offices, reception, conference room, and 11 assigned parking spaces.
- Added:
- Jul 15, 2024
- Days on Market:
- 718
- Last Refresh:
- Jul 1 at 4:48 am
Property Features for 1-930 Colorado Blvd
General Information
- Standard status
- Active
- Size
- 4,790 SF
Listing office TOLJ Commercial Real Estate Se (323) 317-2561
Listing date Jul 15, 2024
Source Exprealty
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HighLights
- Two‑story office condominium suite totaling approximately 4,790 SF on a 28,268 SF lot
- Suite includes executive offices, reception area, kitchenette, storage, and additional office space
- Conference room and collaborative office setup included within the suite
- 11 assigned parking spaces for the suite
- Located in a condominium complex with shared ownership as part of a cohesive office community
Overview
The office is situated in a quiet area described as having trees and hills. It is positioned close to Old Town Pasadena and within reach of retail and dining options. Access to major freeways is noted, including proximity to Route 2-210 and Route 134.
Designed to support professional services, this suite can fit a range of owner-user and investor needs, particularly for businesses that require private offices and shared meeting space. With a reception area, conference room, kitchenette, and on-site storage, the layout is well-suited for teams that want a dedicated office environment within a community of other office users.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.2k | $38.88 |
| − Vacancy | −$34.6k | −$7.23 |
| EGI | $151.6k | $31.65 |
| − OpEx | −$37.9k | −$7.91 |
| NOI | $113.7k | $23.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.182849
- Latitude
- 34.141046